The department outlined the financial and operational problems facing the utility, which began load-shedding on Monday
And a planned PetroSA plant shutdown meant Eskom could not replenish diesel supplies
Public Enterprises Minister Pravin Gordhan told media on Thursday Christmas leave for senior management has been cancelled
The state-owned arms company has yet to submit an annual report for the 2017/18 financial year
An atmosphere of mistrust hangs over the airline’s board, its chief executive and its minister
The report was well over a year in the making and is chiefly based on the evidence presented during the committee’s inquiry last year
SAA has been working closely with National Treasury and the department of public enterprises to steer itself to profitability
George Sebulela resigned on Friday after Eskom’s board received a legal opinion on the matter. The board only became aware of it last week
Richard Seleke has left public service after reaching an agreement with the presidency
Former Transnet board member Seth Radebe says he will now take his fight against Minister Pravin Gordhan all the way to the top
Former Transnet board member Seth Radebe is seeking reinstatement to the board, in a case seen as resistance to Gordhan’s drive to overhaul SOE’s
Gordhan noted that although profit from operations improved, the power utility still reported a net loss for the 2017 financial year
The audits will take place using existing mechanisms and will be used to hold those who have unduly benefited from state resources accountable
Gordhan was the first witness to appear before the commission of inquiry into tax administration and governance at the revenue service
South Africa has been abuzz with the potential consequences of merging Mango Airlines with SA Express and South African Airways
‘If… we find that there are people who aren’t committed to carrying out the mandate of the organisation… they will be dealt with’
At the India-South Africa business summit, the public enterprise minister said business must face the challenge of ensuring inclusive growth
Former Eskom chairperson Zola Tsotsi has claimed that Tony Gupta threatened Tsotsi’s job if he did not help the Guptas at Eskom.
Minister of Public Enterprises Lynne Brown has asked her personal assistant to step down following allegations related to the email leaks this week.
Regulatory body seeks Hawks intervention
Public Enterprises Minister Malusi Gigaba says electricity supply will be extremely tight from April to July to complete maintenance.
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/ 21 November 2011
The department of public enterprise’s climate change policy framework has to meet the special needs of state-owned companies, says Malusi Gigaba.
When it comes to 2010, government leaders are eternal optimists. Do they just have their heads in the sand?
Arms manufacturer Denel still needs R1,7-billion promised by the government to complete its turnaround, outgoing CEO Shaun Liebenberg said on Wednesday. ”When Denel reached technical insolvency in June 2005, the shareholder faced three options: to close Denel; to retain it on a subsidy basis; or to turn it into a commercially viable business,” Liebenberg said.
The Chamber of Mines has welcomed the decision to marginally increase the supply of electricity to the mining industry, it said on Friday. In recent weeks the chamber has been urgently interacting with the government and Eskom in an effort to persuade them to normalise power-consumption levels in the mining sector, CEO Mzolisi Diliza said.
South Africa’s advanced nuclear reactor technology programme will include United States-based Westinghouse Electric as a partner and a new shareholders’ contract is expected by the end of the month, an official said on Tuesday. South Africa is currently testing elements of the Pebble Bed Modular Reactor and wants to build 24 to 30 reactors for its own energy needs.
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/ 17 October 2007
The multimillion-rand cost of fighting the Richtersveld land claim was money well spent, the Department of Public Enterprises said on Wednesday. It was responding to a query on the final legal bill for the case, which was settled last week.
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/ 27 September 2007
The Department of Science and Technology is to help establish a national Nuclear Manufacturing Centre, Minister of Science and Technology Mosibudi Mangena announced in Durban on Thursday. He was speaking at the National Society of Black Engineers conference in Durban’s Elangeni Hotel.
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/ 6 September 2007
Finance Minister Trevor Manuel told Parliament on Thursday that total spending by all three spheres of government in the financial year to March was R5,3-billion rand less than had been appropriated. Much of the underspending was blamed on lack of capacity.