Public Enterprises Minister Lynne Brown and the leaders of various State Owned Companies, are appearing before a parliamentary committee to discuss the progress made in improving governance at the SOCs.
President Cyril Ramaphosa said the government and would take further measures to ensure that all state-owned companies fulfilled their economic and developmental mandates.
Parliament has heard that state diamond mining company Alexkor is no longer a going concern and will run out of cash in June.
A witness identified only as Mr X is expected to continue testifying about the state-owned entity, Mhlathuze Water, at the State Capture Commission in Johannesburg on Tuesday.
Dr Sithembile Mbete, political analyst and Senior Lecturer from the Department of Political Science at the University of Pretoria, and Professor Peter Baur, from the Economics Department at the University of Johannesburg, join the discussion on President Ramaphosa’s previous SONA’s and what to expect in the 2020 State of the Nation Address.
President Ramaphosa writes that a capable state starts with the people who work in it, adding that officials and managers must possess the right financial and technical skills and other expertise.
The National Assembly has passed the 2019 Medium Term Budget Policy Statement and Adjustments Appropriation Bill.
Namibia’s state-owned fishing firm Fishcor has suspended its chief executive following media reports that he and other government officials conspired with Iceland’s biggest fishing company to receive kickbacks in exchange for fishing rights.
A former Non-Executive Board member of Eskom, Mark Pamensky, says he was appointed to the Eskom board while he was a director at the Gupta-owned Oakbay Company.