The Minister of Finance Tito Mboweni is expected toCROs for Eskom, Denel, the South African Broadcasting Corporation and South African Airways this coming week.
Dube says the officers, who will play the role of a curator, could recommend the privatisation of the SOEs. “Well the board will obviously have to be affected because it will no longer be the one in control. Once they appoint the curator, that curator now would have control over the boards and would have control over the management. The jobs that are on the line are the management and the boards, but the general employees are protected by the curator.
National Treasury DG Dondo Mogajane says the revelation of the conditions for financing the cash-strapped entities including Denel and SAA is linked to the announcement of Chief Restructuring Officers to oversee these entities. “The conditions as I indicated I think we have tied them with the announcement of CROs in terms of the original plan. ”
Should with SoE and government agency cause 65% of government money goes to their pockets leaving poor employees to get nothing... I support that I should start by 1 April 2020...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
R5 billion silicosis settlement approved - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The High Court in Johannesburg has approved an historic R5 billion settlement in the silicosis case. Shame to that umkhulu who died for nothing, company refusing to compansate for him (Westoneria) after having catch Tb Asbestosis leading to COPD & Lung malenoma 😭😭😭😭, RIP & shame 2 those companies LuloCafe This settlement works out to 10000 pp 👀👀 They exploit black people and leave them alone to die and still sees nothing wrong with their actions. These people are disgusting
Source: SABC News Online - 🏆 32. / 51 Read more »
Ramaphosa recounts meetings with Guptas - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.%President Cyril Ramaphosa says while he met the Gupta brothers on three or four occasions, the only meeting where matters of substance were discussed was when the brothers requested a meeting with ANC officials to discuss the closure of their bank accounts.%
Source: SABC News Online - 🏆 32. / 51 Read more »
Springboks top Rugby Championship standings - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The South African rugby team top the Rugby Championship standings after playing to a 16-all draw against New Zealand in Wellington on Saturday. Springboks are peaking too soon.
Source: SABC News Online - 🏆 32. / 51 Read more »
Bucs too good for Amakhosi - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Orlando Pirates were too good for their arch-rivals Kaizer Chiefs in the annual offseason Carling Black Label Cup. Pirates clinched their fifth Carling Cup after beating Chiefs 2-0 at the FNB Stadium this afternoon. Billiat isn't Khosi material Amakhosi too bad to be in the PSL Amakhosi Mabena will be relegated this year if they’re not careful
Source: SABC News Online - 🏆 32. / 51 Read more »