Ghaleb Cachalia MP

Dear Cape Town A presentation before the Portfolio Committee on Public Enterprises by the Department this week on the ‘Progress Made in Addressing Challenges Facing State-Owned Companies’, revealed that several State-Owned Enterprises are still struggling to produce their annual reports as required by law under the Public Finance Management Act (PFMA). SOEs that have been …

Dear Cape Town The Democratic Alliance (DA) will file its own submissions with the National Energy Regulator of South Africa (NERSA) opposing plans by Eskom to introduce a split energy tariff system that will punish solar panel users by making it more expensive to generate their own electricity. Eskom’s latest application for a review of …

Dear Cape Town In response to a Democratic Alliance (DA) parliamentary question, Defence and Military Veterans Minister, Nosiviwe Mapisa-Nqakula, said Denel cannot continue to exist in its current form: “[it] is clear, without a significant bailout by government, Denel will not be able to exist in its current form and will not be in a …

Dear Cape Town Minister of Public Enterprises, Pravin Gordhan’s stated objective to increase ministerial powers to enable him to dissolve Boards of State-Owned Enterprises (SOEs), approaches the issue of governance at SOEs from the wrong perspective and should be completely rejected. The crippling rot at SOEs is attributable to the government’s heavy hand and poor …