The treasury also did not allocate new funds to other struggling state-owned entities such as Denel, Transnet, the Land Bank and the South African National Roads Agency
In this financial year’s budget, Parliament did not allocate funding for the South African Post Office, which is waiting for a R3.8 billion tranche
Among state-owned entities, the beleaguered power utility is far and away the biggest risk to the public purse
Mining windfall helped SA’s financial position, but lower revenues and additional spending will delay the end of fiscal consolidation
It highlights that changes need to be made in their operation, experts say
Having struggled to keep up with changing markets, the two entities under the department of communications are in states of financial disrepair
To become profitable, the state-owned entity requires an expanded mandate that allows it to venture into e-commerce services
The money will go towards clearing the airline’s historic debt and may not be the last downpayment
Privatisation stands to deepen inequalities. But some experts say collaboration between business and government can work in everyone’s interest
Beset by political instability, the region is also the canary in the climate change coal mine
Asylum seekers with valid permits and caregivers will now also be allowed to apply for the reinstituted social relief of distress grant
There are concerns that post office branch closures will make it difficult for beneficiaries to access the grant
There is growing concern about a possible liquidation of the entity should it not be repurposed
Thousands of decoders and satellites gather dust at a Polokwane property while the embattled Post Office struggles to settle alleged rental arrears
If President Cyril Ramaphosa’s crackdown on corruption is to succeed, new rules for lobbying and tenders need to be implemented
The university plans to teach online as South Africa’s lockdown continues, and is offering zero-rated data for its teaching sites, as well as computing devices for students
Blamed by many South Africans for offering a shoddy service, the embattled institution faces financial strain and serious competition
Moneyline claims that the South African Social Security Agency has moved beneficiaries to the South African Post Office against their will
The Constitutional Court has ruled that Bathabile Dlamini is personally liable for 20% of costs of last year’s Sassa debacle
The social development minister is following in the footsteps of her predecessor
Rand jitters question the state’s ability to provide an economic stimulus and to continue to bail out parastatals
In an effort to end strike action, the state-owned entity has answered the call for permanent jobs
Sapo chief executive Mark Barnes says the entity could not afford the 12% wage hike
The workers say they have not received a wage hike in three years. They are demanding a 12% wage increase
Sassa has assured MPs that all grants will be paid from April 1
The ConCourt has granted Sassa’s application to extend its contract with Cash Paymaster Services CPS) by another six months.
The agency admitted in court papers there was no feasible solution to assist around 2.8-million beneficiaries before the April 1 deadline
The tender deadline was originally postponed from February 28, and risks being postponed again.
The agency will meet the deadline to pay 17-million grant beneficiaries, but it will still need the help of CPS to do so
With less than a month to transfer core components of the scheme to CPS, Sassa has to answer how it will deliver cash-based social grants
The agency has less than a month to fully migrate core components of the grants scheme from Cash Paymaster Services, as ordered by the ConCourt
The agency has 31 days to migrate core components of the grants scheme from CPS to the South African Post Office, as agreed in December last year.