Cyril Ramaphosa, South Africa’s deputy president who was recently elected as the leader of ruling party, is seen to be fighting corruption.
The shake up at South Africa's power utility, Eskom, sends a good signal about where Cyril Ramaphosa is taking the country.
South Africa's finance minister Malusi Gigaba failed to impress when presenting the eagerly awaited 2017 medium term budget.
South Africa’s finance minister, Malusi Gigaba, has had to look towards selling off state owned assets to plug a fiscal hole.
Privatisation talk in South Africa shows how state owned enterprises are being used as tools for enrichment by the connected and less as key elements of development.
Demonstrators march against corruption in South Africa.
Reforming South Africa’s state owned enterprises should start with greater accountability and financial responsibility.
In happier days. Former Eskom CEO (right) shakes hands with President Jacob Zuma.
The scandals surrounding South Africa's power utility, Eskom, was caused by the neglect of corporate governance rules by the board, the executive authority and the public enterprises minister.
What has been lost in stating the case for South Africa's credit rating is a tangible plan for strengthening governance and regulation of its state owned enterprises.
South Africa's parastatals are in a dire state. Instead of being the mandated sites of development and profitability, they are costing the public purse billions and have been abused.
South African Airways is undoubtedly in crisis.
The costs to South Africa of maintaining the ownership of a national airline are proving to be unbearably expensive. It's time to let the struggling carrier go.