Posts

GOVERNANCE

Will Gordhan’s legacy be harmed by recent events?

By Moepeng Valencia Talane – CW Voices Public Enterprises Minister Pravin Gordhan recently told Parliament in a written response to a question that state entities under his watch for the past five years, which include Eskom, Transnet and South African Airways (SAA), had lost over R200-billion to corruption in that period. He has also announced Read more >

STATE CAPTURE

Scopa briefed on progress into SOE, state capture investigations

Image: SIU On 22 November prominent law enforcement agencies met with Parliament’s Standing Committee on Public Accounts (Scopa). The Special Investigating Unit (SIU), the Directorate for Priority Crime Investigation (DPCI or Hawks), and the National Prosecuting Authority (NPA) briefed the committee on the ongoing collaboration on cases involving state-owned enterprises (SOEs) referred to them by Read more >

CORRUPTION NEWS

AG: depts improve reporting, but accountability instruments must too

National and provincial government has improved over the last four years on reporting on finances. They have also improved on performance and compliance with key legislation, but for continued improvement to be realised, the national legislature and its provincial counterparts must enhance oversight mechanisms that will ensure transparency and diligent performance by the departments that Read more >

CORRUPTION NEWS

Public enterprises dept continues its downhill slide

The Auditor-General of South Africa (Agsa) is not impressed with the Department of Public Enterprises (DPE). Presenting the department’s audit outcomes for 2021/2022 to the parliamentary portfolio committee on public enterprises on 11 October, the Agsa delegation pointed out several shortcomings and weaknesses, including stagnation in terms of audit outcomes in general, and non-compliance with Read more >

CORRUPTION NEWS

The facilitators and followers in the state capture project: SAA

South African Airways (SAA) did not avoid the TNA Media contracts that continue to dog the legacies of fellow state-owned entities (SOEs) Transnet and Eskom. Evidence led before the state capture commission on the airline’s dealings with the Gupta-owned media company was narrowed to two witnesses – its former board chairs Cheryl Carolus and Vuyisile Read more >

CORRUPTION NEWS

Zondo calls for ‘swift’ action against SAX/NW project looters

From politicians to public officials and money launderers, the state capture commission wants swift action to be taken against those who benefited from what it calls an “elaborate corruption scheme” involving an airports project of the North West department of transport. The project was valued at over R400-million over five years from 2015. Although not Read more >

CORRUPTION NEWS

TI releases governance principles for SOEs

South Africa’s state-owned enterprises (SOEs) are not what could be described as the pride of the nation. The likes of Eskom, the Passenger Rail Association of South Africa (Prasa), the South African Post Office (SAPO), South African Airways (SAA), the South African Broadcasting Corporation (SABC), and others have become a national embarrassment rather than a Read more >