Governance

Proper Chinese walling of Infrastructure Manager in TFR

A temporary Infrastructure Manager (IM) within Transnet Freight Rail (TFR) has been established with the aim of creating a level playing field for public and private operators on the rail network. It is still to become permanent. HALTED: We are no longer tracking this specific deliverable as it is deeply intertwined with other reforms related…

New framework including reform conditionality

To achieve financial sustainability, National Treasury has adopted increasingly stricter measures and approaches to bailing out SOEs. The framework is meant to manage bailouts to SOEs to reduce fiscal risks and induce reforms within SOEs and the sectors they operate in by attaching conditions to these bailouts, as evidenced by the bailouts to Transnet and…

Public service lifestyle audits