by sundelbolong | Jun 3, 2020 | Business & Finance News
According to copies that have been seen of the ANC’s economic reconstruction document, there are plans afoot to establish a state bank and a state-owned pharmaceutical company. It is hoped that once in place, these two entities will help government decrease the price...
by sundelbolong | May 20, 2020 | Business & Finance News
Covid-19 will deepen the financial woes of state-owned enterprises, members of Parliament heard on Wednesday. During a briefing on the department of public enterprises budget and plan for the year, acting Director General Kgathatso Tlhakudi explained that the budget...
by sundelbolong | May 19, 2020 | Business & Finance News
State-owned arms manufacturer, Denel, has become the latest company to join a growing list that are telling employees funds for salaries are falling short. State-owned enterprises who went into lockdown in an already troubled financial state are increasingly pleading...
by sundelbolong | May 10, 2020 | Business & Finance News
Entering the Covid-19 pandemic, the transport economy’s performance had declined by 0.4{e93887a69cdd95d753f466db084bbc3aa0067124675315461d28d68a72842cc2} in the 1st Quarter of 2020, compared to the 4th Quarter of 2019. Other sectors were down by between...
