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Public Enterprises
Department of Public Enterprises on its 2015/16 Annual Report
12 Oct 2016
The Committee met to be briefed by the Department of Public Enterprises on the Annual Report and Financial Statements for 2015/16 financial year.
The Department reported that the shifting of the macroeconomic environment made the operational environment even tougher for the SOCs. Economic growth has struggled to ...
Public Enterprises
Department of Public Enterprises and State-Owned Companies audits: Auditor-General briefing
11 Oct 2016
The Committee was briefed by the Office of the Auditor-General South Africa on the audit outcomes of the Department of Public Enterprises for the 2015/16 financial year.
Before proceedings were underway the Committee raised concern over the strength of the delegation as it was large in spite of the cost ...
Energy
DA request for nuclear documents; Integrated Energy Plan: Departmental briefing
20 Sep 2016
The DA firstly wanted the Committee to deal with the issue of documents related to nuclear procurement. The party had sought legal advice from the Parliamentary Legal Advisers, who advised that the Minister of Energy, Ms Joemat-Pettersson, had no right to refuse to provide the documents related to the nuclear ...
Public Enterprises
Transnet on its 2015/16 Annual Report
14 Sep 2016
Transnet briefed the Committee on its annual report and financial statements for 2015/16 financial year. Revenue had increased by 1.7%, to R62.2 billion for the year, driven by a 4.2% increase in rail containers’ and automotive volumes as a result of concerted efforts to shift rail-friendly cargo ...
Public Enterprises
Denel Asia: Denel Board, National Treasury & Department of Public Enterprises briefing
7 Sep 2016
The presentation by Denel on the circumstances surrounding the establishment of Denel Asia in a joint venture with VR Laser was delayed by a stormy debate triggered by the absence of three major role-players in the controversial deal. Opposition Members said the fact that the Ministers of Finance and Public ...
Public Enterprises
Eskom on its 2015/16 Annual Report and pressing matters
31 Aug 2016
Eskom’s earnings for the year were R32 billion – an increase of 37.4% from the previous year. The entity had cost savings of R17.5 billion from the implemented cost-cutting measures and this was achieved against the target of R13.4 billion. Eskom received a R23 billion equity injection from government and ...
Energy
Department of Energy on its 4th Quarter 2015/16 & 1st Quarter 2016/17 performance, with Minister & Deputy in attendance
30 Aug 2016
The energy sector was deemed to be an essential service under the Constitution of South Africa. This brought to light the importance of the performance of the Department of Energy (DoE). While the DoE presented a pleasing report on the surface, Members of the Committee were quick to express strong ...
Public Enterprises
Alexkor on its 2014/15 Annual Report; Committee Report on Public Enterprise Strategic Plan & Budget
20 Apr 2016
The Committee met to be briefed by Alexkor on its annual report and financial statements for the year ended 31 March 2015, and to consider its report on the Department of Public Enterprises’ strategic plan and budget.
Alexkor reported that it had done quite well in the year under review, ...
Public Enterprises
Department of Public Enterprises, with Minister and Deputy Minister, on its 2016 Strategic & Annual Performance plans
6 Apr 2016
The Department of Public Enterprises (DPE) presented its Strategic Plan for 2016, after an introduction by the Minister. She stressed that the DPE was the government shareholder with responsibility of oversight for the State Owned Companies (SOCs) Eskom, Denel, SAFCOL, Alexkor, Transnet, South African Airways (SAA), and South African Express ...
Public Enterprises
Localisation: State Owned Companies role: dti briefing with DPE, Eskom & Transnet
16 Mar 2016
The Director General of the Department of Trade and Industry (dti) said Government’s localisation drive had been delayed by a lack of National Treasury approval for designations recommended by the dti. Government’s procurement budget is about R500bn a year and it has set a 75% target for local procurement. One ...