An often cited definition of insanity is doing the same thing over and over and expecting a different result
If investors take a proactive oversight role, capital can be allocated to well-run entities
The amount misspent by state-owned enterprises may almost match the R50-billion budget gap
The SABC shake-up and ANC shift bode well for the reform of other public enterprises
‘Governance gaps’ and diminished confidence are eroding investors’ appetite for SOE bonds
Malusi Gigaba says the land issue must be resolved speedily to avoid Zimbabwe-style invasions.
The state utility could thrive if it splits its generation and transmission businesses, writes Bruce Raw.
The first statement of its kind, it signals the state’s concern over its exposure to Eskom and others.
Throughout modern history, state-owned enterprises have played a critical role in shaping successful paths for developing economies.
The tangled web of murky dealings at parastatals hints at how state procurement has been fiddledå
Readers write in about the ANC, President Zuma, parastatals and the Guptas.
Readers write in about state capture, whiteness, the ‘colonial literary system’, and the Kardashians.
There is no sense in trying to impose socialist solutions that barely worked even in the advanced industrial countries
Jacob Zuma has done an about-turn and will implement the recommendations of a 2013 report on management of floundering state-owned entities.
Those who are involved in these shenanigans have nothing to fear if the nation simply looks the other way instead of taking action against wrongdoing.
The financial health of the country’s parastatals is so important that the budget review document has a new chapter dedicated to it.
As Eskom forces the country into deterioration and gives rise to dark forces, there is little promise of an age of enlightenment.
The R43m New Age deal raises board eyebrows over the former chief executive’s alleged role.
The removal of the feckless Malusi Gigaba was prudent, but he has left a huge mess to clear up.
New Minister of Public Enterprises Lynne Brown vows there will be changes at the top level of many of South Africa’s state-owned enterprises.
The communications minister stands to lose most in a potential repositioning of some of SA’s most significant parastatals under public enterprises.
When Malusi Gigaba became minister of public enterprises, he told anyone who would listen he intended to keep a firm shareholder hand on the tiller.
Government has been talking up performance, but state-owned enterprises are fettered by politics.
Transport and logistics parastatal Transnet has released impressive annual results, prompting optimistic media headlines.
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/ 24 February 2012
Government has tightened the purse strings and its tough stance on bailouts for parastatals seems to be bearing fruit.
The e-tolling fracas in Gauteng is adding to the road agency’s unsustainable debt, and casting doubts on the government’s overall transport strategy.
Zimbabwe’s parastatals are paying executives and senior management monthly salaries of up to US$15 000, despite reports of mismanagement.
Minister in the National Planning Commission Trevor Manuel has come out in defence of parastatals who splurged millions on Soccer World Cup tickets.
While infighting persists at troubled parastatals, Transnet’s plans to allow private sector buy-in add to the minister’s woes.
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/ 22 January 2010
In a new twist to the axing of Armscor boss Sipho Thomo, it is alleged that he dropped a penalty due from a helicopter supplier.
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/ 30 October 2009
South Africa’s beleaguered parastatals have been clamouring for Finance Minister Pravin Gordhan’s attention.
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/ 13 September 2009
The succession crisis at the giant parastatal Transnet pits would-be chief executive Siyabonga Gama against the company’s board.