Public enterprises department
DPE: All conditions met on SAA rescue plan, parties working to finalise process
In a statement on Wednesday, the department said it was overseeing four phases to complete the process.
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SAA to announce interim board ‘in coming days’
Phillip Saunders has been appointed as interim CEO for a new national carrier.
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SAA creditors to take crucial vote over business rescue plan
The broke airline went into business rescue in December last year following years of losses and state bailouts.
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Public Enterprises Dept pleased as Numsa, Sacca accept SAA deal
Numsa and Sacca have been vehemently opposed to layoffs at SAA, but after a meeting with the Public Enterprises Department, the unions believe it’s the best decision for members who prefer the voluntary severance packages.
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4 unions' buy-in means just a vote for SAA's business rescue plan is left
SAA's business rescue plan published last month proposed that over 3,000 workers at SAA be retrenched.
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WC finance dept calls for assistance at Port of CT over operational issues
The department said three shipping lines were cancelling calls to the Mother City or were implementing a congestion surcharge from next month.
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Gordhan says his dept will try to find funds to pay SA Express employees
About 691 employees have not been paid in full since the end of March. Some of them last week demonstrated outside the Department of Public Enterprise’s offices in Pretoria.
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No decisions taken on SAA draft rescue plan, says DPE
There were reports earlier that government has agreed to fund a restructuring of the state-owned airline if a business rescue plan is adopted.
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'Let's plan to retain skill' - says DPE as consultation for new airline begins
The department of public enterprises said SAA will be dissolved and a new one will be established with new leadership and private sector shareholders, but BRPs want to sell off assets and retrench the entire workforce to pay off SAA's debt.
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Labour unions prepare to present alternative plans to save SAA
In its plan, Satawu, which represents workers at SAA Technical, proposes that the airline should explore equity partnerships, which must include employee cooperatives.
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Troubled SAA desperately needs cash injection
It’s up to Treasury and the Public Enterprises Department to decide on a lifeline for the airline which has managed to fly out of a recent strike but not out of its financial woes.
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Govt to publish special paper on Eskom detailing long-term sustainability plans
The paper will among others, identify options to resolve the power utility’s excessive debt and outline the process that will be undertaken when the company restructures its units to ensure a just transition.
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Denel sees light at the end of liquidity tunnel
Denel officials have now met with the Public Enterprises Department and said progress has been made in turning around the state-owned enterprise.
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Dept: Eskom board understands need to urgently address load shedding crisis
The Department of Public Enterprises spokesperson Adrian Lackay said several problems are plaguing the power utility, including the lack of quality coal and a staff shortage.
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Eskom needs to get the basics right - Gordhan
Public Enterprises Minister Pravin Gordhan says the situation will be assessed over the next ten days to find a lasting solution to avoid load shedding.
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Outa not surprised by Public Enterprises DG Richard Seleke’s departure
The Public Enterprises Director-General has quit in terms of a settlement reached between him and the Presidency, Minister Pravin Gordhan confirmed.
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Eskom investigating violence, intimidation cases related to wage strike
Responding in writing to a parliamentary question from Congress of the People leader Mosiuoa Lekota, Pravin Gordhan provides details of 16 cases referred to police for further investigation.
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'New board should reposition Eskom'
Public Enterprises Minister Pravin Gordhan says the draft Integrated Resources Plan is a game changer, and Eskom should be looking at ways to meet this vision.
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Pravin Gordhan: Govt has begun process to recapture SOEs
The Public Enterprises Minister says SA Express being grounded is one of the consequences of corruption and the government is working to root it out.
