Public Accounts (SCOPA)
Minister of Public Enterprises on liquidation process in SA Express
9 Jun 2020
Video: Standing Committee on Public Accounts, 9 JUNE 2020
Audio: Minister of Public Enterprises on liquidation process in SA Express
At the start of the meeting, the Chairperson learned that the liquidators were not present to give the joint Committees an update on the progress made in liquidating South African ...
Public Enterprises
DPE 2020/21 Annual Performance Plan; with Deputy Minister
20 May 2020
Video: Joint Meeting: Portfolio Committee on Public Enterprises and Select Committee on Public Enterprises
Annual Performance Plan (APP) of Government Departments & Entities 20/2021
In a joint virtual meeting both the Portfolio and the Select Committee were briefed by the Department of Public Enterprises on its Annual Performance Plan and ...
Public Enterprises
SAA, Eskom and Transnet COVID-19 impact: update by Minister & CEOs
6 May 2020
Video: PC on Public Enterprises - Briefing by Minister of Public Enterprises on latest developments in SOCs
Audio: Minister of Public Enterprises on latest developments on state-owned companies
A virtual joint committee meeting of the Portfolio and Select Committees was briefed by the Minister of the Public Enterprises and the ...
Public Enterprises
State-Owned Companies update; DPE 2019/20 Quarter 3 performance
26 Feb 2020
The Department of Public Enterprises presented the operational and financial performances of major state-owned entities within its portfolio, and reported that most of them were not doing well. A notable exception was the South African Forestry Company Limited (SAFCOL), which was doing so well that the Department had encouraged it ...
Public Enterprises
Alexkor 2018/19 Annual Report & Administrator progress report
27 Nov 2019
Annual Reports 2018/2019
Alexkor had received a disclaimer opinion for 2018/19 due to reckless trading and going concern challenges. The Pooling and Sharing Joint Venture (PSJV) is technically insolvent. Its liabilities are more than its assets. Alexkor is experiencing short and long-term liquidity challenges. They have cash flow which will ...
Public Enterprises
Roadmap for Eskom; Minister input on Eskom & SAA
20 Nov 2019
The Department of Public Enterprises (DPE) detailed the special paper on Eskom "Roadmap for Eskom in a reformed electricity supply industry" which dealt with the unbundling of Eskom and provided timelines. The unbundling of Eskom had been brought about as a result of the moral hazard that Eskom posed to ...
Public Enterprises
Department & State-Owned Companies Medium term financial & operational performance; State-Owned Companies ecent developments: update
13 Nov 2019
DPE of Public Enterprises presented its operation and financial performance report for the second quarter of 2019/20. It managed to achieve only 50% of the planned targets for the quarter due to capacity constraints and delays experienced in implementing some of its projects.
DPE raised the dire state of affairs ...
Public Enterprises
Denel 2018/19 Annual Report
6 Nov 2019
The Committee received a briefing on the annual report and financial statements of Denel for the 2018/19 financial year.
Denel achieved seven of its 23 key performance indicators (KPIs) in the shareholder compact which was 30.4 percent of the targets for 2018/19. The significant non-achievement of ...
Public Enterprises
Safcol 2018/19 Annual Report, with special emphasis on land claims & post-settlement model for all stakeholders
30 Oct 2019
The South African Forestry Company Limited (SAFCOL) briefed the joint Committee on its strategy and business, its performance against shareholders compact, the financial performance, its human and social capital, and the way forward for the state-owned entity.
SAFCOL had a history and culture of not doing ...
Public Enterprises
Public Enterprise Budgetary Review and Recommendations Report
16 Oct 2019
Available here once adopted: BRRR 2019
The Committee met to adopt the Budgetary Review and Recommendation Report (BRRR) of the Portfolio Committee on Public Enterprises. Members were generally satisfied with the report.
The Members emphasised the need for the transparency on the part of the Department and the various ...