South Africa gets new state-owned petroleum company

A policy statement by President Cyril Ramaphosa resulted in the formation of a new state-owned petroleum company, the South African National Petroleum Company (SANPC), this week.. The SANPC was formed through a merger of the Central Energy Fund (CEF) subsidiaries namely the South African Gas Development Company SOC Limited (iGas), …

Big move for new state-owned company in South …

The Bill provides for the establishment of a state-owned company, giving effect to the Cabinet decision of 10 June 2020 to merge PetroSA, South African Gas Development Company (iGas) and...

id/20/african ancient miningpany limited.md at main

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How much it pays to be CEO at South Africa's state-owned …

Chief executive officers at South Africa's state-owned enterprises get paid handsomely, with top execs taking home between R2 million and R5 million a year.

South Africa Releases 24 State-Owned Properties For …

South Africa Releases 24 State-Owned Properties For Requests For Proposals. By Sana Khan Published 12/19/24 AT 1:39 PM SAST. ... (DPWI) on Wednesday revealed that it …

Shape the Future of South Africa's State-Owned Enterprises!

The South African government has introduced the National State Enterprises Bill (2024), a significant legislative proposal aimed at transforming how state-owned enterprises (SOEs) are …

Mining industry in South Africa

Coal mining in South Africa began around the same time as gold mining and is one of the country's most valuable commodities, accounting for 26 percent of mineral mining revenue in 2023.

Ethical leadership and public accountability: Problematiques of South …

The paper reveals that the South African State-Owned Enterprises are antagonized and branded by unethical leaders and public accountability challenges. At this juncture, the SOEs are faced with ...

Procurement in State-Owned Enterprises and its …

State-owned enterprises in South Africa span many industries including utilities, transportation, and technology and there are about 700 state-owned enterprises in South Africa (Setino and Ambe 2016:1). The South …

South Africa launches new state-owned petroleum company

A policy statement by President Cyril Ramaphosa resulted in the formation of a new state-owned petroleum company—the South African National Petroleum Company (SANPC)—on Wednesday (18 September).

DPWI releases 24 State-owned properties for requests for …

The Department of Public Works and Infrastructure (DPWI) has released 24 state-owned properties located across South Africa for requests for proposals from public and …

An answer for South Africa's struggling state companies

Enhancing the competitive pressures on South Africa's State-owned enterprises (SOEs) can drive a more coherent and effective reform programme than what is currently in place.

The Role of Internal Audit Functions at State Owned …

Keywords: Audit committees, Internal audit functions, State owned enterprises, Value-adding 1. Introduction The Constitution of the Republic of South Africa puts the responsibility for the delivery of certain public goods and services for the benefit of the citizenry on state owned enterprises (SOEs), subject to the avail -

South Africa's list of failure – the state-owned companies that are …

"If we exclude state-owned enterprises, the 31% of public entities with expenditure that exceeded their revenue incurred a total deficit of R7.58 billion," the auditor-general said.

Big move for new state-owned company in South …

Cabinet has approved the submission of the South African National Petroleum Company (SANPC) Bill of 2024 to Parliament. The Bill provides for the establishment of a state-owned company, giving ...

Top 10 Biggest Mining Companies in South Africa

The companies listed below are the biggest mining companies in South Africa by market capitalisation: 1. Anglo American Platinum – US$29.97 Billion. Anglo American Platinum Limited, formerly known as Amplats and …

List of the 20 biggest mining companies in South Africa in …

1. Founded: 1917
2. Headquarters: London, United Kingdom
3. SA offices: Marshalltown, Johannesburg, 2001, South Africa

State owned Entities

The MQA is a statutory body consisting of the State, employer and employee organisations in the mining industry. It was established as an outcome of the South African Qualifications Authority (SAQA) Act 1995, No 58 of 1995, and the Mine Health and Safety Act 1996, No 29 of 1996.

A critical examination of the causes of Corruption in South Africa…

Brief History of South African State-Owned Entities. South Africa adopted the use of State-owned entities as a valuable tool for socio-economic expansion (Fourie, 2001).

Adoption of the combined assurance model by South African state-owned

The Public Audit Act (South Africa, 2004) p rovides the Auditor-General of South Africa (AGSA) with a mandate to perform regularity audits over South African public sector organisations, including

EXAMINATION OF THE PERFORMANCE OF THE SELECTED STATE-OWNED …

The Socio-Economic Impact of Poor Governance on South African State-Owned Entities Since the Democratic Dispensation: A Case of Eskom, Transnet, and South African Airways. Master's Dissertati on.

SAMDA and ANCYL on the Establishment of a State-Owned …

Mr Nchakha Moloi, Chairperson: SAMDA, outlined SAMDA's submission, and explained why there was now a debate on nationalisation and state ownership. He gave a brief …