Tag: SOEs

SOEs still not expected to receive bailouts in the budget

‘Government is focused on improving governance and the effectiveness and transparency of…

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Government departments, SOEs rack up R120bn in irregular expenditure

The departments also accumulated over R1.48 billion in fruitless and wasteful expenditure.…

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PIC has devised a strategy to support SOEs

State-owned enterprises ‘need to be supported, but not at all costs’ –…

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R300 billion used to bail out dysfunctional SOEs in past 10 years

Government has forked out R331 billion between 2013 and 2023 to bail…

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Ramaphosa plans for state company to house SOEs

In an effort to stabilise governance in parastatals, President Cyril Ramaphosa plans…

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Costs for banks and SOEs could spike if SA is greylisted

South Africa’s government and state-owned companies will find it harder to borrow…

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Unstable power and SOEs cripple SA’s growth: Standard Bank

Standard Bank sees South Africa’s escalating power crisis, and the country’s ‘political…

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South Africa’s SOEs in dire straits

As foundering state-owned enterprises (SOEs) continue to impact on South Africa’s unstable…

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South Africa’s SOEs broken beyond repair

As floundering state-owned enterprises (SOEs) continue to affect South Africa’s unstable economy,…

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‘Government too slow’ in turning around ailing SOEs

The Auditor General’s office said has government has been lacking in turning…

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