Department of public enterprises
Gungubele: DPE, Dept of Finance collaborating to minimise load shedding
Last week, the utility went as far as stage 4 and just 19 hours after polls closed, flipped the switch again to stage 2.
Minister in the Presidency Mondli Gungubele said that the government understood how much the rolling power cuts pained citizens.
DA MP Ghaleb Cachalia on Tuesday said the ongoing failures at the Richards Bay Bulk Terminal had reached crisis point.
The Department of Public Enterprises said that a centralised model was being implemented this financial year, which would ensure standardised governance, financial management and operational performance for all SOEs.
The department has told Parliament’s public enterprises portfolio committee on Wednesday that implementing the new business model will require funding.
The low-cost South African Airways subsidiary was forced to indefinitely suspend its flights last week due to outstanding payments owed to air traffic navigation services.
The SACCA says bridging finance is available but would only be available once unions withdrew their application.
They have set a deadline of 10 am on Tuesday for the Department of Public Enterprises or management to give answers or they will go court seeking business rescue.
On Friday morning, Public Enterprises Minister Pravin Gordhan announced the sale of 51% of the national carrier to Takatso Consortium.
South African Airways (SAA) will have to overcome the stigma of being put into business rescue in its efforts to take to the skies once more, Parliament has been told.
The Department of Public Enterprises (DPE) on Wednesday briefed Parliament’s select committees on appropriations and public enterprises on how R2.7 billion will be spent on the subsidiaries.
Minister Pravin Gordhan and department officials updated Parliament’s public enterprises committee on the status of the national carrier earlier on Wednesday.
Former SAA board chair Dudu Myeni was supposed to report to Malusi Gigaba as he was Minister of Public Enterprises, but Norma Mngoma said it was the other way around.
Government has delayed much-needed funding for Mango, promising on a number of occasions that money would be paid over.
Malusi Gigaba’s estranged wife testified at the Zondo commission of inquiry into state capture, where she said Gigaba returned with bags of cash after visits to the Gupta residence.
The union said its members at SAA Technical have not yet received their salaries.
Lynne Brown is back at the state capture commission on Monday, where evidence leaders are focusing on the appointment of Richard Seleke as director-general.
A plan for SAA to resume operations has not yet been agreed.