The mismanagement of the Post Office shows that the ANC is bereft of ideas and is tired of governing South Africa.
Browsing: Pravin Gordhan
Public enterprises minister Pravin Gordhan will retire after this year’s general elections on 29 May, he said on Friday.
The planned new state-owned holding company will own and manage at least 13 of the country’s SOEs.
President Cyril Ramaphosa will allocate more powers to Kgosientsho Ramokgopa in an effort to end the power crisis.
Eskom chairman Mpho Makwana will step down at the end of the month and will be replaced in the role by Mteto Nyati.
South Africa’s near-fourfold increase in rooftop solar in the past year has reduced revenue at Eskom.
South Africa will name a new Eskom CEO by the end of the year, public enterprises minister Pravin Gordhan said.
The appointment of a new CEO at Eskom has been delayed by a dispute over the age of the prospective candidates.
The search for a new Eskom CEO has raised tensions between the board and minister Pravin Gordhan, sources said.
South Africa has released a draft law that will facilitate the creation of a company to house Eskom, Transnet and other SOEs.