Publication of shareholder compacts
Little movement on this reform. Some entities have sporadically published shareholder compacts in the past but there is no coordinated push for all entities to publish these annually. Additionally, different SOEs publish different aspects of shareholder compacts in different ways. Eskom for example measures its performance against the shareholder compact KPIs in some of its…
read more >>Appointment of NTCSA Board
The Board of Directors of the National Transmission Company of South Africa (NTCSA) has been appointed. The NTCSA forms part of Eskom’s unbundling process and started operations in July 2024.
read more >>Appointment of Genco Board
Genco has been functionally separated, but it is yet to be legally separated. The board appointments will only be done once the legal separation is complete
read more >>Appointment of a board of a Distribution Company
Disco has been functionally separated from Eskom, but it is yet to be legally separated. The board appointments will only be done once the legal separation is complete.
read more >>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…
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