Public Enterprises
Transnet update on overall business, job creation, skills development, SMME support
15 Feb 2023
Public Enterprises
Eskom: loadshedding solutions, maintenance & IPP budget, organised labour allegations
7 Feb 2023
Public Enterprises
Alexkor update on implementation of the turnaround strategy; with Deputy Minister
30 Nov 2022
The interim board and executive of Alexkor presented a progress update on implementing its turnaround strategy to the Portfolio Committee in a virtual meeting. The entity had previously faced extreme financial challenges, but work had been done to ensure that irregularities had been corrected and that both Alexkor and ...
Public Enterprises
Mid-term performance report of DPE & SOEs
23 Nov 2022
The Committee met with the Department of Public Enterprises (DPE) in a virtual meeting to be briefed on the mid-term performance reports of the DPE and state-owned companies (SOCs).
The DPE reported that its mid-term performance in meeting set targets was at 70 percent, with 23 of 33 targets ...
Public Enterprises
Business rescue process of SOEs: parliamentary oversight and legislation
9 Nov 2022
The Portfolio Committee on Public Enterprises was briefed in a virtual meeting by Parliament’s legal services on how it could exercise oversight over the business rescue processes of state-owned enterprises (SOEs). The briefing dealt with the legislation relating to business rescue and liquidation processes, challenges and recommendations, and the ...
Public Enterprises
Engagement with Eskom on the energy crisis and Koeberg
2 Nov 2022
Eskom’s board and executives met with the Portfolio Committee on Public Enterprises and the Portfolio Committee on Mineral Resources and Energy, for a joint engagement on the energy crisis and Koeberg-related issues, as raised by the National Union of Mineworkers.
The formal presentation, led by the new chairperson of the ...
Public Enterprises
Safcol Annual Report 2021/22; with Deputy Minister
26 Oct 2022
The South African Forestry Company Limited (SAFCOL) reported that during the 2021/22 financial year, its revenue had increased by 33% to R1.2 billion, and its operating profit from R40 million to R387 million. Profit after tax had improved from a loss of R45 million to a profit of R84 ...
Public Enterprises
Public Enterprises BRRR; Koeberg oversight visit prep
19 Oct 2022
The Committee discussed and adopted its Budgetary Review and Recommendations Report for the Public Enterprises portfolio. The major concern was the state of public enterprises such as Eskom, Transnet and Denel, as well as the recommendations that were not implemented. Other points raised were lack of ...
Public Enterprises
Public Enterprises Portfolio Audit Outcomes; DPE Annual Report 2021/22; FFC Input on performance of SOEs; with Deputy Minister
12 Oct 2022
The Committee convened in a virtual meeting to receive a briefing by the Auditor-General of South Africa (AGSA) on the audit outcomes of state-owned companies and the Department of Public Enterprises (DPE), a briefing by the Financial and Fiscal Commission (FFC) on its observations and findings ...
Public Enterprises
Transnet 2021/22 Annual Report; with Minister
7 Sep 2022
In a virtual meeting, the Transnet delegation presented on the following aspects of the Transnet 2021/22 Annual Report:
• Broad overview of the business’s operating context during and after Covid
• Performance of key divisions of the business
• Environmental, Social and Governmental (ESG) outcomes achieved by the ...