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Public Enterprises
Build Programme impact on local businesses, skills development, job creation and beneficiation: briefing by Department of Public Enterprises
18 Mar 2015
The Department of Public Enterprises briefed the Committee on the impact of the build programme in terms of supporting local businesses, skills development, job creation and beneficiation. The presentation focused on programmes within Eskom and Transnet. The Transnet programme dealt mainly with what was anticipated to be achieved in the ...
Forestry, Fisheries and the Environment
Department of Environmental Affairs & SA Weather Service Strategic and Annual Performance Plans 2015, Minister present
17 Mar 2015
The Committee, in the presence of the Minister of Environmental Affairs, met with the senior officials of the Department of Environmental Affairs (DEA) to receive a briefing on the DEA's strategic plans for 2014 to 2019. However, time precluded anything more than the general overview and Programme 1 being presented ...
Forestry, Fisheries and the Environment
Department of Environmental Affairs on its 3rd quarter 2014/15 performance and targets outlook
10 Mar 2015
The Committee met with the Minister of Environmental Affairs and senior officials of the Department to discuss achievements on the Department’s 2014/15 strategic plans and targets for the third quarter of the financial year. The Committee was taken through each of the Department’s programmes, including administration, where the targets partially ...
Public Enterprises
State-owned Companies performance: Department of Public Enterprises update on implementation of Auditor-General recommendations
25 Feb 2015
The Department of Public Enterprises briefed the Committee on the findings and recommendations of the Auditor-General in to the affairs and functioning of its State Owned Companies. The Acting Director General broke down the SOCs overseen by the Department by revenue, profit and asset value. The eight companies were: Eskom; ...
Public Enterprises
Alexkor progress report & its 2013/14 Annual Report; Medupi Power Station oversight visit: Committee Report
19 Nov 2014
A 51% state owned and 49% community owned diamond mining operation was the result of a land claim by the people of the Richtersveld. Over the ten years of its operation up to September 2012 when the new board took over, the diamond mine was in a poor state, loss-making, ...
Public Enterprises
South African Forest Company Limited on its 2013/14 Annual Report
5 Nov 2014
The South African Forest Company Limited (SAFCOL) briefed the Committee on its Annual Report and Financial Performance 2013/14 with a major focus on the benefits of the entity in facilitating the sustainable economic empowerment of communities and the alleviation of poverty. SAFCOL was in the process of deregistering new subsidiaries, ...
Public Enterprises
Department of Public Enterprises on its 2013/14 Annual Report
15 Oct 2014
The Portfolio Committee received a briefing from the Department of Public Enterprises (DPE or the Department) on its 2013/14 Annual Report. It was noted that the DPE was the government shareholder representative with oversight responsibility for eight State Owned Companies (SOCs): These were: Eskom, Denel, Safcol, Broadband Infraco, Alexkor, Transnet, ...
Public Enterprises
Audit outcomes of Department of Public Enterprises: AGSA briefing
14 Oct 2014
The Portfolio Committee on Public Enterprises met to receive presentations from the Auditor-General of South Africa (AGSA) on the outcome of the Department of Public Enterprises (DPE) for 2013/14. The AGSA focused on the financial statements of the departments and its entities in order to check whether there were any ...
Public Enterprises
Public Finance Management Act & Preferential Procurement Policy Framework Act: implications for State Owned Companies
17 Sep 2014
National Treasury said the objective of the Public Finance Management Act (PFMA) was to secure transparency and sound management of revenue, expenditure, assets and liabilities, by institutions. Key provisions of the Act for state owned companies were timely submission of corporate plans and budgets; auditing of financial statements by the ...
Public Enterprises
Transnet on its Annual Report and Financial Statements for 2013/14
10 Sep 2014
Transnet made its first presentation to the new Portfolio Committee on Public Enterprises. The meeting was also attended by the Chairperson of the Portfolio Committee on Transport and the CEO of the Passenger Rail Agency of SA (PRASA).
Transnet reported a 12.8% rise in revenue, amounting to R56.6 billion. Earnings ...