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Draft Shareholder Bill on SOEs in the Pipeline


Department of Public Enterprises A Draft Shareholder Bill on state owned enterprises (SOE) will be introduced after cabinet approval. The public enterprises minister, Pravin Gordhan, confirmed this in his department’s…

DPE Shines Light on State-Owned Companies


Department of Public Enterprises The public enterprises department has briefed the national council of provinces on measures taken to improve oversight over State-Owned Companies (SOC). According to the department, the…

Ports Authority to be Set Up as Subsidiary of Transnet


Department of Public Enterprises The National Ports Authority is to be set up as an independent, wholly-owned subsidiary of Transnet in terms of the National Ports Act of 2005. The…

Strategic Equity Partner for SAA on Track


Department of Public Enterprises The acquisition of a Strategic Equity Partner for South African Airways (SAA) is at an advanced stage and could be concluded in the next 4-6 weeks.…

Social Compact on Eskom Signed


Department of Public Enterprises The Framework Agreement for the Social Compact on supporting Eskom for Inclusive Economic Growth has been signed. In a statement, the public enterprises department announced that…

SAA Business Rescue Plan Under the Spotlight


Department of Public Enterprises An efficient and modern aircraft fleet with hybrid density options acquired at competitive rates resulting in cost efficiency. In a statement, the public enterprises department highlighted…

SAA Business Rescue Plan on Track


Department of Public Enterprises The public enterprises department and stakeholders are working around the clock to bring the South African Airways (SAA) Business Rescue Plan process closer to finalisation. In…

DPE Welcomes Treasury Support for SAA Business Rescue Plan


Department of Public Enterprises The public enterprises department has welcomed the commitment by national treasury that government will support and source funding for a business rescue plan for South African…

DPE Lauds Restructuring of South African Airways


Department of Public Enterprises The restructuring of South African Airways (SAA) has set an example for the South African public and private sector of a responsible business transformation process. Kgathatso…

Green Light for SAA Business Rescue Plan


Department of Public Enterprises 86% of creditors have voted to support a business rescue plan for South African Airways (SAA). The public enterprises department confirmed this in a statement welcoming…