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Department Of Public Enterprises (South Africa)
The Department of Public Enterprises (DPE) is one of the ministries of the South African government. It is the government's shareholder representative with oversight responsibility for a number of state-owned enterprises (SoEs). Enterprises It is estimated that South Africa has about 300 SoEs, nine of which fall under the responsibility of the DPE; * Alexkor – Mining sector (diamond mining) * Denel – Aerospace and Defence sector (armaments manufacturer) * Eskom – Energy sector (national electricity utility) * South African Express – Transport sector (regional and feeder airline) * South African Forestry Company – Forestry sector (manages forestry on state owned-land) * Transnet – Transport and related infrastructure sector (railways, harbours, oil/fuel pipelines and terminals) Other corporate entities not under the Department of Public Enterprises include the South African Post Office, the South African Broadcasting Corporation, the South African Bureau of Standar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of South Africa
The Republic of South Africa is a parliamentary republic with three-tier system of government and an independent judiciary, operating in a parliamentary system. Legislative authority is held by the Parliament of South Africa. Executive authority is vested in the President of South Africa who is head of state and head of government, and his Cabinet. The President is elected by the Parliament to serve a fixed term. South Africa's government differs greatly from those of other Commonwealth nations. The national, provincial and local levels of government all have legislative and executive authority in their own spheres, and are defined in the South African Constitution as "distinctive, interdependent and interrelated". Operating at both national and provincial levels ("spheres") are advisory bodies drawn from South Africa's traditional leaders. It is a stated intention in the Constitution that the country be run on a system of co-operative governance. The national government is co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pravin Gordhan
Pravin Jamnadas Gordhan (born 12 April 1949) is a politician and anti-apartheid activist who has held various ministerial posts in the Cabinet of South Africa. He served as Minister of Finance from 2009 until 2014 and again from 2015 until 2017, as Minister of Cooperative Governance and Traditional Affairs from 2014 until 2015, and as Minister of Public Enterprises since February 2018. Early years Pravin Gordhan was born in Durban, and matriculated from Sastri College in 1967. In 1973 he graduated from the University of Durban-Westville with a Bachelor of Pharmacy degree. Gordhan became associated with members of the Natal Indian Congress (NIC) In 1971 and was elected to its executive council in 1974. During the 1970s, Gordhan helped establish grassroots organisations that became involved in underground activities and associated with the African National Congress (ANC) and later the South African Communist Party (SACP). He completed his pharmacy internship at King Edward ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gratitude Magwanishe
Gratitude Bulelani Magwanishe (born 20 Jan 1973) is a South African politician and lawyer, who is the Chairperson of the Portfolio Committee on Justice and Correctional Services. He is a former Deputy Minister of Trade and Industry and has been a member of parliament for the African National Congress since 1999. Early political career Gratitude Bulelani Magwanishe served on the branch, regional and provincial structures of the ANC Youth League between 1991 and 2004. He represented Tsakane Youth Congress in the Conference for the democratic future in 1989. He was appointed to serve as a member of the Regional Interim Leadership Core of the African National Congress, after the dissolution of the Regional Leadership of Ekurhuleni by the Provincial Executive Committee of Gauteng from 2010 until 2011. He currently serves as a member of the national team on legal, monitoring and security of the ANC. Parliamentary career In 1999 he was elected to be a member of the National Asse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry (government Department)
Ministry or department (also less commonly used secretariat, office, or directorate) are designations used by first-level executive bodies in the machinery of governments that manage a specific sector of public administration." Энциклопедический словарь Брокгауза и Ефрона", т. XIX (1896): Мекенен — Мифу-Баня, "Министерства", с. 351—357 :s:ru:ЭСБЕ/Министерства These types of organizations are usually led by a politician who is a member of a cabinet—a body of high-ranking government officials—who may use a title such as minister, secretary, or commissioner, and are typically staffed with members of a non-political civil service, who manage its operations; they may also oversee other government agencies and organizations as part of a political portfolio. Governments may have differing numbers and types of ministries and departments. In some countries, these terms may be used with spe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprises
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and dev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alexkor
Alexkor is a South African unincorporated joint venture diamond mining company that falls under the Department of Public Enterprises. It was previously a state-owned enterprise, when in 2007 it entered a government-funded pooling and sharing joint venture with the Richtersveld community. The company's core business is diamond prospecting and seabed mining along the north-west coast of the Northern Cape Province of South Africa up to the border with Namibia. It was founded through the proclamation of the Alexkor Limited Act, No. 116 of 1992 (amended by the Alexkor Amendment Act, No. 29 of 2001). The company mines both land and coastal deposits for diamonds. In 2003 mining activity by the company had decreased significantly due to losing a land claim in ''Alexkor Ltd v Richtersveld Community'' instituted by the Richtersveld community in the area surrounding Alexander Bay. This resulted in the company generating substantial losses between 2005 and 2009 and in turn lead to it a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Denel
Denel SOC Ltd is a South African state-owned aerospace and military technology conglomerate established in 1992. It was created when the manufacturing subsidiaries of Armscor were split off in order for Armscor to become the procurement agency for South African Defence Force ( SADF), now known as the South African National Defence Force (SANDF), and the manufacturing divisions were grouped together under Denel as divisions. It is the largest of South Africa's state owned arms companies. The company had been experiencing major financial problems since 2015 and in 2021 it was announced in Parliament that Denel was on the brink of insolvency. The company stated that its woes were due to declining local defence budgets, weakened relationships with key customers and suppliers, the inability to retain or attract skilled personnel, ongoing salary disputes and a Fitch ratings downgrade. History Denel was established as a state-owned industrial company under the Department of Pub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eskom
Eskom Hld SOC Ltd or Eskom is a South African electricity public utility. It was established in 1923 as the Electricity Supply Commission (ESCOM) and was also known by its Afrikaans name Elektrisiteitsvoorsieningskommissie (EVKOM). Eskom represents South Africa in the Southern African Power Pool. The utility is the largest producer of electricity in Africa, and was among the top utilities in the world in terms of generation capacity and sales, but due to the ANC and incompetence has since slipped in both categories. It is the largest of South Africa's state owned enterprises. Eskom operates a number of notable power stations, including Matimba Power Station and Medupi Power Station in Lephalale, Kusile Power Station in Witbank, Kendal Power Station, and Koeberg Nuclear Power Station in the Western Cape Province, the only nuclear power plant in Africa. The company is divided into Generation, Transmission and Distribution divisions, and together Eskom generates approximately ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South African Express
South African Express Airways SOC Ltd, known as South African Express or simply SA Express, was a state-owned airline based in South Africa that started operations on 24 April 1994. Although the airline was operationally independent of South African Airways, its flights were incorporated within the strategic alliance with South African Airways. The airline had its head office at Airways Park, Jones Road, next to O.R. Tambo International Airport in Kempton Park, Ekurhuleni, Gauteng. History On 24 May 2018 the South African Civil Aviation Authority grounded the airline due to "serious safety risks". They reported it could be months before the airline was operational again. Flights resumed on 23 August, following the issuance of airworthiness certificates for a portion of the airline's fleet. On 13 February 2020, South African Express entered the Business Rescue process, a local form of bankruptcy protection. On 18 March 2020, the airline suspended all operations due to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transnet
Transnet SOC Ltd is a large South African rail, port and pipeline company, headquartered in the Carlton Centre in Johannesburg. It was formed as a limited company on 1 April 1990. A majority of the company's stock is owned by the Department of Public Enterprises, or DPE, of the South African government. The company was formed by restructuring into business units the operations of South African Railways and Harbours and other existing operations and products. Business units The business units of Transnet include: * Transnet National Ports Authority (NPA) and Transnet Port Terminals (formerly SAPO) own and operate the country's main seaports * Transnet Pipelines - principal operator of South Africa's fuel pipelines * Transnet Freight Rail railway operator - freight service * Transnet Engineering - rolling stock manufacturing and maintenance The National Ports Authority provides port infrastructure and marine services at the eight commercial seaports in South Africa. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South African Post Office
South African Post Office (SA Post Office) is the national postal service of South Africa and as a state owned enterprise, its only shareholder is the South African government. In terms of South African law, the Post Office is the only entity that is legally allowed to accept reserved mail, and as such, it operates a monopoly. It employs over 16,480 people and operates more than 1,400 postal outlets throughout the country and therefore has a presence in almost every single town and city in South Africa. Nomkhita Mona joined the SA Post Office in April 2021 as group CEO. Its main subsidiary is Postbank, a financial services provider. History The history of postal services in Southern Africa can be traced back over 500 years. In 1500, the captain of a Portuguese ship, Petro D'Ataide, placed a letter in a milkwood tree at Mossel Bay. He reported the sinking of three ships in his fleet, including that of Bartolomeu Dias, during a heavy storm over the Atlantic Ocean. Portugues ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South African Broadcasting Corporation
The South African Broadcasting Corporation (SABC) is the public broadcaster in South Africa, and provides 19 radio stations ( AM/ FM) as well as six television broadcasts to the general public. It is one of the largest of South Africa's state-owned enterprises. Opposition politicians and civil society often criticise the SABC, accusing it of being a mouthpiece for whichever political party is in majority power, thus currently the ruling African National Congress; during the apartheid era it was accused of playing the same role for the National Party government. Company history Early years Radio broadcasting in South Africa began in 1923, under the auspices of South African Railways, before three radio services were licensed: the Association of Scientific and Technical Societies (AS&TS) in Johannesburg, the Cape Peninsular Publicity Association in Cape Town and the Durban Corporation, which began broadcasting in 1924. These merged into the African Broadcasting Company in 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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