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Public Accounts (SCOPA)
SAA outstanding matters: update, with Minister
19 Feb 2020
Public Finance Management Act
06 December 2019 - SAA business rescue process
05 December 2019 - SAA to enter into business rescue
The Standing Committee on Public Accounts (SCOPA) held a joint meeting with the Portfolio Committee on Public Enterprises to receive an update on the state of affairs at ...
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
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 ...