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Ad Hoc Committee to Initiate and Introduce Legislation amending Section 25 of Constitution
Draft bill amending section 25 of the Constitution: briefing
3 Dec 2019
Parliament: Section 25 process
RSA Constitution
AgriSA Press Statement
Rules of Parliament
The Ad Hoc Committee met for a briefing by the Parliamentary Legal Services on the wording of the Draft Constitution Eighteenth Amendment Bill. The Committee also discussed a request to adjust the timing of the call for public ...
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
Transnet 2018/19 Annual Report
23 Oct 2019
The Committee was briefed by Transnet on its Annual Report and financial statements for 2018/19 financial year. The Committee congratulated Transnet for not asking for a financial bailout like the other SOEs had done. The Committee advised Transnet to strengthen oversight in order to avoid future irregular ...
Ad Hoc Committee to Initiate and Introduce Legislation amending Section 25 of Constitution
Discussion of Programme & process
18 Oct 2019
The Committee, established to initiate and introduce legislation amending section 25 of the Constitution, discussed its programme until May 2020. As the work of the Committee was of considerable public interest, Members proposed various ways the programme could be condensed and its work sped up, while avoiding scheduling clashes with ...
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 ...
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
Audit Outcomes: AGSA briefing; Department of Public Enterprises 2018/19 Annual Report, with Deputy Minister
8 Oct 2019
The Auditor General of South Africa presented the audit outcomes for 4 entities and the Department of Public Enterprises. It noted the declining performance in audit outcomes for the entities under the DPE’s management, although the Department received a clean audit (the only body to receive one). ...