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SAA privatisation deal reaches the end of the runway without taking off

On Wednesday, Gordhan announced that the sale of SAA to the Takatso consortium of private sector investors had been terminated — delivering a massive blow to President Cyril Ramaphosa’s reform agenda. 

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Acting Transnet boss Michelle Phillips emerges as frontrunner after board lists preferred CEO candidates

The board of Transnet — chaired by Andile Sangqu — recently provided a list of preferred candidates to Public Enterprises Minister Pravin Gordhan to fill the CEO position, which became vacant after Portia Derby resigned in September 2023. 

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National Treasury adopts a new approach to rein in bloated public sector wage bill

It is a step change in how Treasury approaches remuneration in the state. In previous years, all public servants, regardless of which department they worked in, would be in line to receive a pay rise.

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South Africa: Rand and Bonds Post Mild Gains After Mini Budget Allays Worst Fears

South Africa: Rand and Bonds Post Mild Gains After Mini Budget Allays Worst Fears
allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.

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