1(a)(i) SA Airways: The Minister wrote to the Speaker of Parliament and the Chairperson of National Council of Provinces on 23 November 2020, informing Parliament that SA Airways is under business rescue. The Auditor-General suspended the audit when the airline was placed in business rescue. The audit will be finalised once the airline recommences operations and the annual report and annual financial statements will thereafter be tabled.
(ii) Denel: The Minister wrote to the Speaker of Parliament and the Chairperson of National Council of Provinces on 30 November 2020. The Department wrote to Parliament as soon as Denel had confirmed to the Department that it was unable to finalize its audit challenges with its external auditors, the Auditor General of South Africa (AGSA), prior to 30 November 2020. Denel Board and Management are engaging with the AGSA to resolve certain audit ISSUES. It is anticipated that the annual financial statements and integrated report will be tabled in January 2020 or as soon as possible thereafter, once the above- mentioned issues are resolved.
(iii) Transnet’s 2020 Integrated Report and audited Annual Financial Statements were tabled by the Minister in Parliament on 09 November 2020. The Portfolio Committee on Public Enterprises received a briefing from Transnet on 18 November 2020.
(iv) Eskom’s Integrated Report and audited Annual Financial Statements were tabled by the Minister on 12 November 2020. The Portfolio Committee on Public Enterprises received a briefing from Eskom on 25 November 2020.
(v) Alexkor: The Minister wrote to the Speaker of Parliament and the Chairperson of National Council of Provinces on 30 November 2020, to inform Parliament that Alexkor would not be in a position to table its Annual Financial Statements, Integrated Report and Audit Report due to serious going concern and other audit concerns. The Department wrote to Parliament once it was able to confirm with Alexkor that it was unable to finalize its audit challenges with its external auditors and prepare its AGM documentation prior to 30 November 2020. It is anticipated that the annual financial statements and integrated report will be tabled in January 2020 or as soon as possible thereafter, once the above- mentioned concerns are resolved.
2 As indicated above Denel, Alexkor, and SAA would not be able to submit the 2020 Integrated Reports and audited annual financial statements to the Minister prior to 30 November 2020 for the reasons set out above. The reports will be tabled in Parliament as soon as the companies are able to submit these reports.