updated Thu. June 6, 2024
-
HuffPost South Africa
February 24, 2018
... he responded to opposition parties. What we know from this response, is that a Cabinet reshuffle is imminent: government departments – which ballooned under Jacob Zuma – will be downsized heavily, and managerial changes will be made to various state-owned enterprises and Chapter 9 institutions.
Daily Maverick
February 23, 2018
President Ramaphosa's inaugural State of the Nation Address made it clear that he intends to fix the growing problem of our State-owned Enterprises ( SoEs ). We should first understand the scope of the problem. A Presidential Review Committee (PRC) reported its own findings in 2012. There are variousÃÂ ...
eNCA
February 22, 2018
CAPE TOWN - The SA Federation of Trade Unions (Saftu) says it doesn't believe the government will be able to rescue state-owned enterprises. During his budget speech, Finance Minister Malusi Gigaba said the government will assist SOEs to implement robust turnaround plans. "The minister shouldÃÂ ...
Rigzone
February 22, 2018
The ongoing equitization of major state-owned enterprises (SOE) will be positive for Vietnam, opening the door to more foreign investment and competition needed to reinvigorate the domestic oil and gas industry. That is the view of oil and gas analysts at BMI Research who noted that this equitizationÃÂ ...
shanghaidaily
February 21, 2018
CHINA'S state-owned enterprises administered by the central government saw surging assets in the past five years thanks to improved production and efficiency. Total assets of the centrally administered SOEs stood at 54.5 trillion yuan (US$8.6 trillion) at the end of last year, up 73.8 percent from the end ofÃÂ ...
CNBCAfrica.com
February 21, 2018
(SOEs) as drivers of economic growth and social development.[1] President Ramaphosa admitted in his State of the Nation Address (SONA) 2018 that SOEs “are experiencing severe financial operation and governance challenges”.[2] Finance Minister Malusi Gigaba is scheduled to deliver his 2018 BudgetÃÂ ...
Irish Times
February 16, 2018
The National Development Plan 2018-2027 envisages that commercially-operated state owned enterprises (SOEs), will be expected to make a significant overall contribution to the investment package. “Exchequer funding allocated for public capital investment over the period 2018 to 2027 will amount toÃÂ ...
SowetanLIVE Sunday World
February 16, 2018
Ramaphosa said government would urgently overhaul the appointments of oversight boards of state-owned enterprises‚ which up to now have been plagued by allegations of corruption‚ financial mismanagement and maladministration. State-owned firms such as Eskom‚ SAA‚ Denel and Transnet‚ haveÃÂ ...
Lexology
February 16, 2018
The pre-closing review threshold for direct acquisitions of Canadian businesses by non-Canadian, WTO investors that are state-owned for 2018 has increased to C$398 million in asset value of the Canadian business from the 2017 threshold of C$379 million. The two thresholds that apply to most directÃÂ ...
Independent Online
February 16, 2018
Zuma's state-owned enterprises legacy ... the government announced that Zuma would directly oversee the strategy of state-owned companies and any government intervention made in them through the creation of the special presidential state-owned enterprise co-ordinating council that he would chair.
Independent
February 15, 2018
State-owned enterprises saddled with losses ... Kampala, Uganda | JULIUS BUSINGE | Uganda's state-owned enterprises seem to be bleeding. ... Only one state-owned enterprise, Uganda Property Holdings Limited, declared a dividend for the year under review amidst recording Shs 2.9bn loss inÃÂ ...
ecns
February 13, 2018
Xiao Yaqing, head of the State-owned Assets Supervision and Administration Commission (SASAC), said State-owned enterprises, large in size but inadequate to meet the standard of world-class enterprises at present, will be gradually developed into world-class enterprises in the future, according to aÃÂ ...
ecns
February 9, 2018
Mixed-ownership reforms of State-owned enterprises or SOEs will accelerate to provide basis for high-quality development in 2018, China Securities Journal reported on Thursday. Mixed-ownership reform, restructuring, listing and risk control will be four major tasks for SOEs in 2018, the report said.
UtahHerald.com
February 9, 2018
Shares of SSE State-owned Enterprises Div (SHA:000151) last traded at 1370.6917, representing a move of -2.5333%, or -35.6257 per share, on volume of shares. After opening the trading day at 1335.5039, shares of SSE State-owned Enterprises Div traded in a close range. SSE State-owned EnterprisesÃÂ ...
Jakarta Post
February 7, 2018
The agreement was signed by PT DI president director Elfien Goentoro and Aceh Governor Irwandi Yusuf, as witnessed by State-Owned Enterprises Minister Rini ... “We thank God that a prominent state-owned enterprise like PT DI wants to open an assembly line in Aceh,” Hendri said in the statement. (bbn)ÃÂ ...
Belarus Digest
February 6, 2018
Meanwhile, according to Belstat, the state industrial sector remains the main driver of economic growth accompanied by a strong recovery of exports. However, the absence of an acceptable strategy for solving state-owned enterprises' debt problems continues to threaten financial stability and long-termÃÂ ...
Creamer Media's Engineering News
January 30, 2018
Embattled Public Enterprises Minister Lynne Brown on Tuesday told MPs she expected the boards of South Africa's corruption-stricken, cash-strapped parastatals to perform or be replaced. "The message to the boards of all SOCs is that they must shape up or ship out. If they are unable to instill confidenceÃÂ ...
Wolcott Daily
January 29, 2018
Shares of SSE State-owned Enterprises Div (SHA:000151) last traded at 1464.4733, representing a move of 1.2476%, or 18.0461 per share, on volume of shares. After opening the trading day at 1450.9114, shares of SSE State-owned Enterprises Div traded in a close range. SSE State-owned EnterprisesÃÂ ...
Splash 247
January 29, 2018
From the start of this decade to the present day Chinese state-owned enterprises (SOEs) have leapt to snap up an astonishing amount of container terminal capacity in Europe. Latest statistics from the OECD's International Transport Forum show Chinese SOEs, led by Cosco, now control 10% of EuropeanÃÂ ...
Wolcott Daily
January 28, 2018
Shares of SSE State-owned Enterprises 100 (SHA:000056) last traded at 1191.8588, representing a move of 0.4371%, or 5.1871 per share, on volume of shares. After opening the trading day at 1182.2833, shares of SSE State-owned Enterprises 100 traded in a close range. SSE State-owned EnterprisesÃÂ ...
Business in Cameroon
January 27, 2018
The Bretton Woods institution disclosed this in its latest report on the country published the same day. The fund did not name the said companies but it indicated that from the financial analysis and risk assessment of state-owned enterprises annexed to the 2018 finance law, it appeared that 14 of them wereÃÂ ...
Fiji Times
January 23, 2018
Update: 2:46PM FIJI'S Ministry of Public Enterprises made its submission to the Public Accounts Committee (PAC) in respect of the ministry's monitoring framework they have on the State-owned enterprises (SOEs) in Fiji this morning. Public Enterprises ministry's permanent secretary Jitendra Singh saidÃÂ ...
RNews
January 18, 2018
Deputy President Cyril Ramaphosa has set his eyes firmly on the country's State-Owned Enterprises (SOEs) saying South Africa's economy can only stabilise if there is stability at these critical entities. There has been concerns in recent months over governance and claims of financial mismanagementÃÂ ...
Creamer Media's Engineering News
January 18, 2018
"We need to deal with the rot that has set in at State-owned enterprises. It is unacceptable, totally unacceptable that state-owned enterprises that are owned by the nation, that were set up to advance the interests of our people, have been hijacked and captured by certain interests," Ramaphosa told aÃÂ ...
Global Trade Magazine (blog)
January 12, 2018
To combat increasing levels of debt and inefficiency in its state sector, the Chinese government is attempting to bring private sector investment and management into state-owned enterprises (SOEs). In November 2017, the National Development and Reform Commission (NDRC), China's main economicÃÂ ...
Technology Zimbabwe
January 5, 2018
Zimbabwe has 92 State Owned Enterprises (SOEs) or parastatals as they are otherwise known. That's a huge number of entities under the government's control and the state has decided to go the privatization route. The Zimbabwean government has realised it might not be best placed or equipped to runÃÂ ...
AllAfrica.com
January 5, 2018
It is increasingly evident that under the stewardship of the Minister of Public Enterprises, Lynne Brown, South Africa's state-owned entities are in crisis. In a recent reply to a parliamentary question asked by Henro Kruger MP, the Minister has revealed shocking mismanagement and a complete lack ofÃÂ ...
Financial Post
January 5, 2018
And the biggest Chinese investors are state-owned enterprises (SOEs). The assets they buy tend to become worse performing, with the government using them to pursue political goals and unfair competition to seize global market share. The only terms that Canada should accept in a trade deal with ChinaÃÂ ...
Chronicle
January 5, 2018
GOVERNMENT, through various line ministries, has begun evaluating State-owned enterprises (SOEs) under their purview as part of an exercise that is meant to identify entities that will be retained or disposed. Parastatals, including companies under their portfolio that are beyond redemption, will be shutÃÂ ...
PaZimbabwe
January 4, 2018
Zimbabwe has invited bids to buy stakes in up to eight parastatals, including telecomms firms, Air Zimbabwe, Zesa Holdings and the National Railways of Zimbabwe and is selling off its shareholdings in other private firms in a bid to plug its ballooning budget deficit. The Deputy Minister of Finance andÃÂ ...
Asia Times
January 3, 2018
A post-2000 economic recovery in North Korea has continued largely unabated in spite of intensifying international sanctions and the distractions of Pyongyang's nuclear face off with the US, according to Peter Ward, an analyst writing for 38 North. Ward says in a recent post for the website dedicated toÃÂ ...
Times of Oman
January 2, 2018
Oman to privatise six state-owned enterprises. January 2, 2018 | 10:29 PM. by Syed Haitham Hasan/haitham@timesofoman.com. AddThis Sharing Buttons. Share to Facebook Share to Twitter Share to Print Share to Email Share to More. The first phase of the Batinah Coastal Road project, including compensation for theÃÂ ...
Compliance Week (blog)
December 27, 2017
Transparency International has published a new guide to encourage and help state-owned enterprises to implement best-practice anti-corruption programs based on the highest standards of integrity and transparency. Compared to other companies, state-owned enterprises (SOEs) pose higher corruptionÃÂ ...
VietNamNet Bridge
December 25, 2017
The Vietnamese market will see more state-owned enterprises (SOEs) equitised in 2018, following the State's divestment from the Sai Gon Beer Alcohol Berage Joint Stock Company (Sabeco) and Vietnam Dairy Products Joint Stock Company (Vinamilk). State-owned enterprises gear up for equitisation,ÃÂ ...
38 North
December 21, 2017
This is in part because the North Korean government has made radical changes in the management of its state-owned enterprises (SOEs). While the regime seems to be doing everything it can to keep up Stalinist appearances and Kim Jong Un probably believes that he cannot abandon socialist rhetoricÃÂ ...
The Diplomat
December 20, 2017
Still, the scheme has been moving far slower than Vietnamese leadership would like, with state-owned enterprise managers and executives threatened with penalties if deadlines continue to be missed. Saigon Securities Research, the company which consults on divestment in the country, told Nikkei AsianÃÂ ...
Harvard Business Review
December 11, 2017
The Trump Administration has a chance to start working with 164 other countries to create “rules of the road” to stop China building national champions with government funding. Such state-owned enterprises or state-supported industries (SOEs) — think steel, aluminum and solar panels — have floodedÃÂ ...
GBTIMES
December 31, 1999
Chinese state-owned enterprises (SOEs) grossed a combined profit of 2.9tn yuan (US$453bn) last year, up 23.5 percent from 2016, the Finance Ministry announced on Tuesday. The annual growth rate last year was the highest since 2011; in 2016, growth stagnated at 1.7 percent, while 2012 and 2015ÃÂ ...
IHS Jane's 360
December 31, 1999
The iCloud service will be managed by the Guizhou-Cloud Big Data Industry Development (GCBD), a state-owned cloud-computing company regulated by the Board of Supervisors of Guizhou State-Owned Enterprises. The purpose of the move is to comply with China's Cybersecurity Law, enacted in JuneÃÂ ...
Financial Tribune
December 3, 2017
The governance and solvency of key state-owned enterprises are collapsing. Government finances are deteriorating. Credit downgrades may limit government access to finance. The institutions of governance are decaying. The complex political situation is paralyzing policymaking, Moneyweb reported.
Fin24
December 3, 2017
Johannesburg - Deputy President Cyril Ramaphosa has criticised the “rot” in state-owned enterprises like Eskom and vowed to turn them into organisations that will boost the economy. He intended to stop the maladministration and corruption should he be elected ANC president in two weeks' time, and the ...
HuronReport
December 2, 2017
Shares of SSE State-owned Enterprises 100 (SHA:000056) last traded at 1083.5488, representing a move of -0.3846%, or -4.183 per share, on volume of shares. After opening the trading day at 1087.4574, shares of SSE State-owned Enterprises 100 traded in a close range. SSE State-owned Enterprises ...
POST-COURIER
December 2, 2017
Transparency International (TI) has just launched a publication listing ten anti-corruption principles for State Owned Enterprises. Upon welcoming the release of the publication, Chairman of TI's national chapter, Mr Lawrence Stephens stated that corruption in PNG state owned enterprises was reportedly ...
Jakarta Post
December 1, 2017
State-Owned Enterprises Minister tests Soekarno-Hatta Airport train Minister of State-Owned Enterprises Rini Soemarno went to test the Soekarno-Hatta Airport train that is said to be launched soon. (JP/Dhoni Setiawan)Â ...
Ekklesia
November 30, 2017
Transparency International, the global anti-corruption organisation, has published 10 Anti-Corruption Principles for State-Owned Enterprises, a guide to encourage and help enterprises controlled or partially owned by the state to implement best-practice anti-corruption programmes based on the highest ...
GhanaWeb
November 28, 2017
As part of plans by government to cut back on the administrative overhead of all public institutions, including State Owned Enterprises (SOEs), ...
MilTech
November 28, 2017
Transparency International, the global anti-corruption organisation, today published 10 Anti-Corruption Principles for State-Owned Enterprises, ...
Exchange News Direct
November 27, 2017
On November 21, sponsored by the Securities Regulatory Bureau, State-owned Assets Supervision and Administration Commission and ...
Bangkok Post
November 21, 2017
A state-owned enterprise is somewhat an anomaly as it is neither public nor private in nature. It is owned by everyone and yet no one. It's raison d'etre is often the delivery of public services and yet most operate commercially. How to deal with state-owned enterprises has been a constant challenge facing ...
The Epoch Times
November 17, 2017
Many of these investments are made by China's state-owned enterprises (SOEs), which are controlled by the Chinese regime. The USCCÂ ...
