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Public Enterprises
Road to Rail Strategy: Transnet progress report
17 Jun 2015
Transnet Freight Rail (TFR) briefed the Portfolio Committee on Public Enterprises on the progress made in the implementation of the road-to-rail strategy to date. It said that when the Market Demand Strategy (MDS) had been launched in 2012 -- with an emphasis on massive capital investments and moving additional tonnage ...
Public Enterprises
South African Forestry Company Limited Diversification Strategy and Land Claims briefings
27 May 2015
The Portfolio Committee was briefed by the South African Forestry Company Limited (SAFCOL) on its diversification strategy. SAFCOL highlighted that the key strategic priorities were land claims, employment rates, education and skills level in the forestry sector, competitor advancement in upgrading the technology in their operations, climate change and legislation ...
Public Enterprises
Best Corporate Governance Practices: Institute of Directors of Southern Africa capacity building session
20 May 2015
The Institute of Directors of Southern Africa (IoDSA) facilitated a capacity building session with the Committee focusing on corporate governance practices and Board effectiveness in the public sector. The briefing identified critical points around issues of shareholder expectations, value-adding by means of good governance, understanding the strategy, risk, performance and ...
Public Enterprises
South African Express Airways 2013/14 Annual Report & 2014/5 performance targets; Committee Report on DPE Budget
13 May 2015
The South African Express Airways (SAX) gave a briefing on its 2013/14 Annual Report and on the company’s performance targets for 2014/15. The financial statements for SAX were tabled late due to financial troubles. With the help of the Department of Public Enterprises and the National Treasury, SAX was able ...
Public Enterprises
Eskom feedback on the challenges facing it
22 Apr 2015
In a joint meeting of the Portfolio Committees on Public Enterprises and on Energy, the Eskom Board with support of the Eskom executive, provided feedback on progress made with the challenges facing it.
Questions and concerns raised by Members included:
- Governance instability which included the suspension of the four ...
Public Enterprises
Department of Public Enterprises response to Committee questions; Auditor-General on DPE 2015 plans
15 Apr 2015
Auditor-General South Africa said no significant findings were identified in the review of the DPE Annual Performance Plan for the 2015/16 financial year. Some of the questions raised by Members were: Was AGSA mandated to act on issues around non-performance? How was it possible that the DPE received a clean ...
Public Enterprises
Department of Public Enterprises Strategic and Annual Performance Plan 2015/16, in presence of Minister
25 Mar 2015
The Minister and Department of Public Enterprises (DPE) met with the Committee to present the Department's Strategic Plan and Annual Performance Plan (APP) for 2015/16. The Minister gave an overview of the six State Owned Companies (SOCs) - Transnet, Eskom, SA Express, Denel, South African Forestry Company (SAFCOL) and Alexkor ...
Public Enterprises
Build Programme impact on local businesses, skills development, job creation and beneficiation: briefing by Department of Public Enterprises
18 Mar 2015
The Department of Public Enterprises briefed the Committee on the impact of the build programme in terms of supporting local businesses, skills development, job creation and beneficiation. The presentation focused on programmes within Eskom and Transnet. The Transnet programme dealt mainly with what was anticipated to be achieved in the ...
Public Enterprises
State-owned Companies performance: Department of Public Enterprises update on implementation of Auditor-General recommendations
25 Feb 2015
The Department of Public Enterprises briefed the Committee on the findings and recommendations of the Auditor-General in to the affairs and functioning of its State Owned Companies. The Acting Director General broke down the SOCs overseen by the Department by revenue, profit and asset value. The eight companies were: Eskom; ...
Public Enterprises
Alexkor progress report & its 2013/14 Annual Report; Medupi Power Station oversight visit: Committee Report
19 Nov 2014
A 51% state owned and 49% community owned diamond mining operation was the result of a land claim by the people of the Richtersveld. Over the ten years of its operation up to September 2012 when the new board took over, the diamond mine was in a poor state, loss-making, ...