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Public Enterprises Ministry to ‘cease to exist’ on formation of SOE holding company

by admintc | Mar 12, 2023 | STATE-OWNED ENTERPRISES

President Cyril Ramaphosa has actually verified that the position of Public Enterprises Minister and the Department of Public Enterprises (DPE) will “cease to exist” once a new holding business for strategic State-owned enterprises (SOEs) has been...

Moody’s raises alarm on Transnet, puts it on notice for downgrade

by admintc | Jun 9, 2022 | STATE-OWNED ENTERPRISES

The credit ratings agency Moody’s has placed most of Transnet’s credit ratings on review for a downgrade. Moody’s says it has become increasingly concerned over the Transnet’s exposure to weak liquidity management and high refinancing risk.
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