Members of Parliament (MPs) believe contracts were at the centre of the SABC’s financial woes.
The Democratic Alliance (DA)’s Alf Lees said that the business rescue process should ideally have ended in December and the rescue team should have applied to court for liquidation back then.
The regional carrier was put into business rescue in February after a creditor launched an urgent court application for its liquidation. The liquidators came into office on 13 May.
Deputy Public Enterprises Minister Phumulo Masualle told lawmakers that the liquidators had applied for a three-month extension, sparking outrage in the committee.
Public Enterprises Minister Pravin Gordhan briefed Parliament’s Standing Committee on Public Accounts (Scopa) and the Public Enterprises portfolio committee on the latest developments at SAA.
Public Enterprises Minister Pravin Gordhan is briefing Parliament's Standing Committee on Public Accounts (Scopa) on developments relating to SAA and SA Express.
Auditor-General Kimi Makwetu and police commissioner Khehla Sitole have on Friday briefed Parliament’s standing committee on the auditor-general on threats against and the intimidation of officials in certain municipalities.
Public Enterprises Minister Pravin Gordhan told Scopa and the portfolio committee on Public Enterprises that the liquidation of SAA would not have been a viable option as this would have led to job losses.
Public Enterprises Minister Pravin Gordhan said that the national carrier had the undesirable honour of being the first SOE to be placed into business rescue.
Eskom CEO Andre de Ruyter said that maintenance would increase the likelihood of load shedding over the next 18 months but it would ensure a reliable and sustainable power fleet going forward.
The Standing Committee on Public Accounts (Scopa) will receive an update from Eskom on recommendations it made following an oversight visit to the parastatal last year.
Parliament’s finance watchdog the Standing Committee on Public Accounts (Scopa) said that the country’s state-owned enterprises would be the committee’s first order of business when MPs return from the festive break.
Auditor-General Kimi Makwetu found Prasa’s books were too disorganised to even audit and so the agency was slapped with a disclaimer.
Members of the SAA board and management on Wednesday briefed Parliament’s Standing Committee on Public Accounts about the reasons for the non-tabling of annual statements.
The SIU is briefing the Standing Committee on Public Accounts (Scopa) on its progress on cases related to the SABC.
The Kusile and Medupi power stations, which are key to the country’s power security, have been hit by massive delays and cost overruns in recent years.
IFP chief whip, Narend Singh, said they were offered the position by the African National Congress because of the party's tough stance against corruption
The SABC is currently in a financial crisis and in the process of retrenching workers.
