The entire business of government comes second to politics, especially ahead of elections.
Says who? Can’t we do both?
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[LISTEN] Ramaphosa reflects on his Presidency, horrified by corruption in SOEsCyril Ramaphosa was live on Radio 702 and CapeTalk on Thursday evening while discussing a wide range of issues with Xolani Gwala after 10 months in office. 😭! How can all the corruption be new to him. It should have horrified him from the day it started. Lest we forget that as Deputy President for two terms (almost 8 years) these SOEs were under his ambit! But again, he is your darling so you will not report that...
Source: ewnupdates - 🏆 30. / 53 Read more »
EDITORIAL: Proposed guidelines, if implemented, only turn around SA’s troubled SOEsThe only thing that should shock South Africans is that the guidelines are not standard already This is simply not true. If it was only governance, that would be relatively easy to fix. These SoEs represent structural problems and that needs to be solved. The SOEs are nothing other than plundering pots and sheltered crony employment. They add no value, build nothing, maintain nothing. All such projects are outsourced, with a 50% burden of cost in BEE. They should be privatised in the open market.
Source: BDliveSA - 🏆 12. / 63 Read more »
Ramaphosa: 'Governance at SOEs just trashed and completely ignored'President Cyril Ramaphosa says that his ministers, including Pravin Gordhan, have been shocked at the condition of SOEs.
Source: ewnupdates - 🏆 30. / 53 Read more »
Denel chair: ‘Blacks not interested in SOEs’Newsletter| Following the storm over the appointment of Daniel du Toit as Denel CEO, chairperson Monhla Hlahla says Denel looked at almost 100 executives to fill the position but 'blacks were not interested in working at a state-owned enterprise' Rubbish Sadly but true. Black executives are treated like criminals. Race & gender profiling by blacks against fellow blacks is still done in this country. Every black executive leaves his position through one or other enquiries.
Source: City_Press - 🏆 7. / 72 Read more »
Forced pension fund investments in SOEs could lead to court challengePrescribed assets violate property rights, says Futuregrowth's Andrew Canter
Source: BDliveSA - 🏆 12. / 63 Read more »
Forcing pension funds to invest in SOEs ‘violates bill of rights’Constitutional Court would challenge ANC’s prescribed assets plan, says asset manager.
Source: SundayTimesZA - 🏆 47. / 51 Read more »
Treasury says SOEs a risk to the economy | IOL NewsThe National Treasury has warned that state-owned entities remain a risk to the economy with the entities owing creditors billions of rand. Pre cursor to privatization
Source: IOL - 🏆 46. / 51 Read more »
Amendment bill seeks to give SOEs the power to establish banksPaving the way for new lenders, the bill also seeks to amend the Insolvency Act, Military Pensions Act, the Government Employees Pension Law, the Auditing Profession Act and the Banks Act
Source: BDliveSA - 🏆 12. / 63 Read more »
EDITORIAL: Ramaphosa should forget the consensus and push on with fixing the economyTop opionion read | EDITORIAL: Ramaphosa should forget the consensus and push on with fixing the economy
Source: BDliveSA - 🏆 12. / 63 Read more »
15 arrested in tennis match-fixing probe - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Spanish Civil Guard has made widespread arrests following an investigation into tennis match-fixing by an organised Armenian criminal gang, the European Union's Europol agency said on Thursday. What a disgrace
Source: SABC News Online - 🏆 32. / 51 Read more »