State owned enterprises
SOEs to get R129 billion in bailouts over 3 years
A summary of bailouts of state-owned enterprises (SOEs) over the last 12 years shows how the government has allocated R162 billion to financially distressed...
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Most-read Opinion and Analysis on EWN in 2019
EWN has compiled a list of its most-read opinion pieces for the first 11 months of the year.
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Cosatu to share stance on privatisation of SOEs after three-day meeting
Traditionally, the trade union federation has been vehemently opposed to any kind of privatisation.
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Cosatu ‘remains opposed’ to privatisation of SOEs
This is despite the organisation’s spokesperson being quoted in the 'City Press' newspaper as saying the federation believes some non-performing SOE’s could benefit from partial privatisation.
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JUDITH FEBRUARY: How long until the ANC gets the proverbial wake-up call?
How hard, or even impossible, is it for senior ANC members to take the high road when it comes to matters of principle, asks Judith February.
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Strict conditions set before Eskom gets a R59bn boost
Treasury officials on Wednesday detailed a raft of conditions the debt-ridden power utility must meet at a joint meeting of Parliament’s standing and select committees on appropriations, which are considering the bill.
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Plan to force pension funds to invest in SOEs is theft, says DA
Lawmakers debated the issue in the National Assembly on Tuesday. While most opposition parties slammed the idea, both the ANC and the EFF backed it.
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CR17 leaks based on sinister agenda, says Ramaphosa
The president said there was no provision in law requiring the disclosure of funding for internal party leadership contests.
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Solidarity to embark on tax protest to squeeze corruption at SOEs
The union explained the action wasn’t a tax boycott but a host of legal instruments to call the state and tax plunderers to account.
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Cash-strapped Denel expects tough few months as it awaits bailout
On Monday, the military and aerospace equipment producing company told workers that it might not be able to pay their salaries on time this month.
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Outa calls on govt to install experienced leaders at SAA
The board is now tasked with searching for a replacement for outgoing CEO Vuyani Jarana who will leave the state-owned entity by the end of August.
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Mabuza: I don't take Mboweni seriously
David Mabuza was asked about Tito Mboweni’s call for the privatisation of some SOEs while answering questions in the National Assembly on Tuesday.
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Molefe: 'Corruption at Transnet nothing short of a horror movie'
Transnet board chairperson Popo Molefe says it’s not yet clear how long it will take to completely eliminate corruption at Transnet.
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Ramaphosa: 'Governance at SOEs just trashed and completely ignored'
President Cyril Ramaphosa says that his ministers, including Pravin Gordhan, have been shocked at the condition of SOEs.
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Carolus: 'Gigaba was deliberately sabotaging state-owned enterprises'
Former South African Airways (SAA) board chairperson Cheryl Carolus says that Malusi Gigaba left the local airline in a shocking state of paralysis when he was moved from the Public Enterprises ministry.
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[OPINION] SA taxpayers can’t keep bailing out broken airline
South Africa can't afford its national airline anymore -- nor can it afford to close it down. What's the next step?
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Makwetu: 'Financial outlook for most state-owned entities bleak'
A significant number of parastatal's audits were not completed by the end of September cut-off date because they were still struggling to prove they are going concerns.
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[WATCH] President Ramaphosa: SA is in repair mode
Speaking at the South Africa Investment Conference, President Cyril Ramaphosa said that those responsible for corruption would be made to account for their actions and that the country and its state-owned enterprises were rebuilding.
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Tito Mboweni announces further bailouts for SOEs
SAA and SAA Express will be getting more cash to keep them in the sky, while the Post Office is also getting a handout to contain its debt.
