KASHIF WICOMB: Restructuring Eskom signals a promising future for state entities

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

South Africa Headlines News

Private ownership of 30% is mooted, with 26 percentage points held by black people and workers part of the rest

SA has about 730 state-owned enterprises , and it is crucial to evaluate their performance and explore ways to enhance their efficiency and effectiveness.

In 2019 the Progressive Professionals Forum established an SOE review panel to research international models and a proposed way forward was presented to the cabinet. Our position has consistently been for co-ownership of noncore SOEs by entities and shareholders experienced in the respective sectors, and for a dedicated and separate law to govern SOEs. ..If you have already registered or subscribed, please sign in to continue.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FINANCIAL REPORTING LAWS: Godongwana permanently sinks Eskom’s controversial exemptionThere was widespread criticism of Finance Minister Enoch Godongwana for signing a special Government Gazette on 31 March which would pave the way for Eskom to no longer disclose irregular, fruitless and wasteful expenditure over the next three years that did not arise from corruption.
Source: dailymaverick - 🏆 3. / 84 Read more »

Eskom denied exemption on annual reporting of wasteful expenditureFinance minister Enoch Godongwana has decided not to grant Eskom a partial exemption from disclosing irregular, fruitless and wasteful expenditure and material losses from criminal conduct in its annual financial statements.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Cities shouldn't rush to dump Eskom, cautions Winde's energy adviserCape Town would need to build the equivalent of one-and-a-half Koeberg nuclear power stations to produce enough electricity to be independent of the national grid.
Source: SundayTimesZA - 🏆 47. / 51 Read more »

Godongwana rejects Eskom’s financial reporting exemption applicationFinance Minister EnochGodongwana said that Eskom_SA needs to do more operationally to reduce the scope of fraud and corruption before such an exemption can be considered, and for it to be effective. MoneywebNews
Source: Moneyweb - 🏆 5. / 77 Read more »

Treasury confirms U-turn on reporting of Eskom irregular spendingReversal on exempting Eskom reporting irregular expenditure follows an outcry from many quarters.
Source: BDliveSA - 🏆 12. / 63 Read more »

Eskom corruption: Hlengwa insists Hawks investigator must appear before ScopaScopa chairperson Mkhuleko Hlengwa said that Brigadier Jaap Burger was a central figure in the testimony heard so far in relation to the corruption claims made by former Eskom CEO Andre de Ruyter, in the wake of his departure.
Source: ewnupdates - 🏆 30. / 53 Read more »