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Public Enterprises
Eskom turnaround strategy and infrastructure build programme: progress report
9 Mar 2016
The CEO of Eskom, Mr Brian Molefe told the Portfolio Committee that Eskom does not expect to have to load shed for the rest of the summer, autumn and winter despite continuing with its rigorous maintenance programme. Eskom will increase its capital expenditure by 44% to R324 billion ($21 billion) ...
Public Enterprises
Transnet on its 2014/15 Annual Report and financial statements
24 Feb 2016
Transnet briefed the Committee on its Annual Report for 2014/15. The presentation looked at its shareholder’s compact performance, financial results, capital investment, volumes and operations, human capital, sustainable development, governance and challenges. Transnet was pleased to report on positive trends in its earnings before tax, its safety record, broad based ...
Public Enterprises
South African Express Airways on 2014/15 Annual Report
17 Feb 2016
SA Express Airways said that it had trebled its turnover from just under R700 million ten years ago, to R2.6 billion in 2015. SA Express achieved 27 of 44 (61%) indicators. Between November 2014 and January 2015, the fuel prices had decreased considerably. However, crude prices had not decreased at ...
Public Enterprises
South African Forestry Company Ltd (Safcol) on its 2014/15 Annual Report
18 Nov 2015
The Safcol CEO noted in her briefing on the 2014/15 Annual Report, that three years ago the reports on Safcol were not good. However, Safcol was a company in transition and the board had come in at the right time. It had 18 plantations in South Africa and four in ...
Public Enterprises
Eskom on its 2014/15 Annual report
4 Nov 2015
Eskom 2014/15 Annual Report [awaited]
The Eskom briefing was led by Dr Ben Ngubane, Chairman of the Board, and by Mr Brian Molefe, Eskom’s Chief Executive Officer. The Board emphasised its commitment to re-energising Eskom and to creating growth and value for the shareholder and the nation. All previous “acting” ...
Public Enterprises
Denel on its 2014/15 Annual Report; Public Enterprise Budget Review and Recommendations Report
28 Oct 2015
BRRR 2015-2010: Budgetary Review & Recommendations Reports
The Denel Group was seen as a success story by moving from a state of decline to an entity that had achieved far above the set targets, increased sales by 28%, and increased its profit by R270 million during the year under review. ...
Public Enterprises
Public Enterprises committee oversight reports; Committee strategic plan
21 Oct 2015
Documents handed out:
Draft Report of Portfolio Committee on Public Enterprises on oversight visit to Eskom Megawatt Park on 24 July 2015, dated 21 October 2015
Draft Report of Portfolio Committee on Public Enterprises on oversight visit to Transnet National Control Centre, dated 21 October 2015
Draft Report of Portfolio ...
Public Enterprises
Department of Public Enterprises on its 2014/15 Annual Report & 1st Quarter 2015/16 performance, with Minister & Deputy Minister & Auditor-General
14 Oct 2015
The Minister of Public Enterprises delivered an opening address where she noted:
- 2015 was the first year that SOCs in the DPE had been trading their own balance sheets, despite what was in the public domain around DENEL.
- The combined infrastructure spend by Transnet and Eskom had amounted ...
Public Enterprises
State-Owned Companies contribution to Industrial Develpment: briefing by Department of Trade & Industry
18 Aug 2015
The Department of Trade and Industry (dti) said the National Development Plan (NDP) identified the risk to sustainable, inclusive growth if the country did not purposively diversify its economy. Government’s 9-Point Plan is a response to the current global and domestic challenges. The Plan identifies the role of State Owned ...
Public Enterprises
Transnet on Africa Strategy
12 Aug 2015
Transnet briefed the Committee on its Africa Strategy. The presentation looked at a SWOT analysis, the risks for Transnet entry into the rest of Africa, a market analysis of container traffic in the African market, the challenges facing ports in Africa, the rail market sector and locomotive and wagon building ...