Gordhan

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Background

Local

Ramaphosa urges Gordhan’s cooperation in SAA-Takatso deal

President Cyril Ramaphosa has urged Public Enterprises Minister Pravin Gordhan to attend the Parliament’s Portfolio Committee on Public Enterprises amidst allegations that the Minister declined to participate in the committee’s investigations. The committee is probing potential irregularities in the SAA-Takatso Consortium deal. The oversight body has announced its intention to subpoena Gordhan to ensure his appearance. The Public Enterprises Department has strongly refuted any suggestions that Minister Gordhan is unwilling […]

today16 December 2023

Local

Eskom’s CEO will be named soon: Gordhan

Public Enterprises Minister Pravin Gordhan has told Bloomberg News that Eskom will have a new CEO before the end of this year. Gordhan told the news agency that finding a suitable candidate with the right capabilities is a big challenge. The minister also labelled reports that he rejected some candidates for the Eskom CEO position as rumours. He says the Eskom CEO will be named soon. Governance issues  News reports that Gordhan rejected the […]

today6 October 2023

Local

New Eskom board officially starts work

The newly-appointed Eskom board has officially started its work. The Public Enterprises Minister Pravin Gordhan says Eskom is still dealing with many issues related to fraud and theft. He was speaking during the announcement of the new Eskom board members in a media briefing on Friday. He says there are still deliberate efforts to disrupt operations at some of the power stations. Gordhan says they will increase the presence of law […]

today1 October 2022

Local

SAA sale part of vital reforms, says Gordhan

Public enterprises minister Pravin Gordhan made an impassioned defence of the sale of a majority stake in SAA for about R51, a deal subject to a lawsuit from a spurned bidder. The privatisation of SAA is a vital reform for the country’s battered economy, Gordhan said in an interview at Bloomberg’s Johannesburg office. The winning bidder — a partnership between a domestic aviation group and private equity firm — was […]

today13 July 2022

Local

Gordhan removes three Transnet board members

Public Enterprises Minister Pravin Gordhan has removed three board members from the troubled state-owned firm Transnet and appointed an interim board. Transnet is one of a handful of state firms accused of irregularities in the awarding of state contracts under former President Jacob Zuma. President Cyril Ramaphosa has pledged to clean up governance at companies such as Transnet. These is in an effort to kick-start economic growth and attract foreign […]

today15 May 2018

Local

Gordhan lashes out at former Eskom CFO Singh

Former Finance Minister and ANC MP Pravin Gordhan has branded former Eskom CFO Anoj Singh as someone who is lying and misleading the parliamentary inquiry into Eskom about his relationship with the Gupta family. Gordhan was not happy with the quality of answers and contradictory evidence given by Singh at parliament’s inquiry. Singh denied that he was at the centre of the approval of a pre-payment of about R600-million made […]

today24 January 2018

Local

Government ‘has a grip’ on fiscal numbers: Gordhan

The South African government has a good handle on the countries fiscal numbers says Minister of Finance Pravin Gordhan. This comes after the Minister delivered his 2017 Budget Speech on Wednesday. Speaking on Morning Live, Minister Gordhan says deficit is under control but the revenue could be better as the country lost R30 billion since February 2016. “On the expenditure side we had to make tough decisions as the government […]

today23 February 2017

Local

Gordhan must prioritise education funding: Youth

The 2016 student protests during the Fees Must Fall movement have the youth wanting Treasury to put more money into education. The youth have differing views on where the money should go, but they agree that education should be a priority in Finance Minister Pravin Gordhan's Budget Speech on Wednesday afternoon. Baradi Moletsane from Auckland Park in Johannesburg says she expects Gordhan to put in more money to help those […]

today22 February 2017

Local

Zuma-Gordhan battle takes centre stage in SA budget

A year after President Jacob Zuma began feuding with his Finance Minister Pravin Gordhan over control of the nation’s purse strings, the conflict appears to be coming to a head. When he presents his annual budget in Parliament on Wednesday, Gordhan will seek to keep state spending in check and fend off a junk credit rating. Zuma, meanwhile, wants to spend billions of rand on new nuclear plants and embark […]

today21 February 2017

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