Public Enterprises
Eskom on its 2018/19 Annual Report
9 Oct 2019
VIDEO: Eskom explain its financial statements to Parliament
Link to: Eskom Annual Report 2018/2019
Eskom reported a net loss after tax of R21bn for 2018/19 as compared to R2.3bn the previous year. The utility's debt exceeded R440bn. It spent R6.5 billion on diesel-generated power to minimise the magnitude of load-shedding. ...
Public Enterprises
Alexkor & SAA on progress made in addressing governance challenges and financial performance; with Deputy Minister
18 Sep 2019
The Committee was briefed by the Department of Public Enterprises on how the Alexkor diamond mining company and the country’s ailing national carrier, South African Airways, were addressing their financial and governance challenges.
The DPE told the Committee it had received numerous complaints from mining contractors alleging that they had ...
Public Enterprises
Denel on progress made in addressing governance challenges & advancing developmental objectives; with Deputy Minister
4 Sep 2019
Denel said the company presented a great opportunity for the country to improve its balance of payments, and there was a need for it to liberate its knowledge to benefit the citizens of the country. The Committee was told Treasury had approved a R1.8bn guarantee to the state-owned company (SOC). ...
Public Enterprises
Committee Induction
21 Aug 2019
Members of the Portfolio Committee on Public Enterprises received an overview of the situation prevailing at South Africa’s state-owned entities (SOEs), and were given an insight into the wide range of internal and external challenges they were facing. A common theme was that the processing of the Shareholder Management Bill ...
Public Enterprises
Department of Public Enterprises 2019/20 Annual Performance Plan; with Deputy Minister
3 Jul 2019
The Committee was briefed by the Department of Public Enterprises (DPE) on its 2019/20 Annual Performance plans. DPE it was revealed by the Deputy Minister has plans in motion this July that will comprehensively deal with its ailing SOEs. SAA even in the midst their problems are introducing new fleets ...
Public Enterprises
Election of Chairperson; Committee programme
2 Jul 2019
The Committee elected Mr Magaxa as Chairperson for the 6th Parliament.
The Committee considered and adopted its programme.