Fedusa wants some SOE directors declared delinquent

The Federation of Unions of South Africa (Fedusa) says it will go ahead with its campaign to have directors of some state-owned entities declared delinquent.

There has been mounting criticism over the management of SOEs like the Passenger Rail Agency of South Africa (Prasa) and Eskom which have seen its executive boards come under fire for alleged mismanagement.

On Thursday, Former Prasa board chairperson Popo Molefe said he will seek legal action over a decision by Transport Minister Dipuo Peter’s to dissolve the parastatal’s board.

There is no uniformity in terms of standards that must be applied in these state-owned enterprises.

Dennis George, General Secretary of Fedusa

Most of the people that go into these state-owned enterprises go with the purpose of enriching themselves

Dennis George, General Secretary of Fedusa

The federation and our unions should approach our courts to have people like that being declared as delinquent directors

Dennis George, General Secretary of Fedusa

Companies with worker directives actually outperform companies where they don’t have worker directives, so we think that that could also boost the improvement of cooperate governance in South Africa and strengthen the voice of working people in this country.

Dennis George, General Secretary of Fedusa

Listen to the full interview below...


Recommended

by NEWSROOM AI
Read More
Wits Nehawu members down tools over salaries

Wits Nehawu members down tools over salaries

Nehawu Wits acting secretary Tumisho Madihlaba says negotiations with management deadlocked resulting in a strike.

Former Eskom interim CEO Sean Maritz under fire for signing off R400 mil payment

Former Eskom interim CEO Sean Maritz under fire for signing off R400 mil payment

‘Documents show that the fee contract was entered into by Anoj Singh & signed off by the acting CEO Sean Maritz' - Chris Yelland

May the Fourth be with you, a celebration of Star Wars Day

May the Fourth be with you, a celebration of Star Wars Day

May 4 marks "May the Fourth be with you," Day celebrated by fans George Lucas' fans of his Star Wars global movie franchise.

'Prasa board was axed to steer fraud investigations off track'

'Prasa board was axed to steer fraud investigations off track'

Reporter Pieter-Louis Myburgh shared details exposing alleged pillaging at Prasa and the real motives behind dissolving the board.

Prasa board mishandled Letsoalo's dismissal,  Parly committee on transport

Prasa board mishandled Letsoalo's dismissal, Parly committee on transport

Parliament's Portfolio Committee on Transport chairperson says the dismissed Prasa board has failed to ensure service delivery.

Transport Minister is protecting someone by dissolving Prasa board: Popo Molefe

Transport Minister is protecting someone by dissolving Prasa board: Popo Molefe

The dismissed chairperson of Prasa opens up about the reasons that could've led to the dissolution the board.

Popular articles
'Toddler (Boy) Mamabolo is behaving like a toddler who is at nursery school'

'Toddler (Boy) Mamabolo is behaving like a toddler who is at nursery school'

Eusebius McKaiser gives his opinion on the behaviour of politicians in Parliament during the Sona debate.

Possibility of Wednesday load shedding has increased, warns Eskom

Possibility of Wednesday load shedding has increased, warns Eskom

The power utility has warned that the system remains vulnerable and load shedding can be implemented at short notice.

[WATCH] SANDF tank crashing through crowd goes viral, is this another Mabena?

[WATCH] SANDF tank crashing through crowd goes viral, is this another Mabena?

Khabazela shares some of the videos that went viral on Twitter and Facebook.

[WATCH] Camera falling from plane into pig pen has social media in stitches

[WATCH] Camera falling from plane into pig pen has social media in stitches

Khabazela shares some of the videos that went viral on Twitter and Facebook.

Who actually owns this house, some social media users say it belongs to them

Who actually owns this house, some social media users say it belongs to them

Khabazela shares some of the videos that went viral on Twitter and Facebook.

'If  Statistics SA Council is destroyed it will leave country at disadvantage'

'If Statistics SA Council is destroyed it will leave country at disadvantage'

Former statistician-general Dr Pali Lehohla says if the agency doesn't receive more funding, citizens will be denied information.

'Extreme concerns' about coronavirus making landfall in Africa

'Extreme concerns' about coronavirus making landfall in Africa

The coronavirus has made landfall - and apart from obvious dangers, its effect on the Chinese economy will also hit Africa hard.

An Allan Gray advertisement hits home and a golf resort gets lost

An Allan Gray advertisement hits home and a golf resort gets lost

Andy Rice, branding and advertising expert, tells us what ads caught his fancy and which ones baffled him.

Why EY thinks it's time to start dropping SA’s corporate tax rate

Why EY thinks it's time to start dropping SA’s corporate tax rate

If the corporate tax rate in South Africa gets lowered, would it lead to higher tax collections?

Stats SA Council threatens to resign over lack of funding, frozen posts

Stats SA Council threatens to resign over lack of funding, frozen posts

''If there are no official statistics approved by the statistician general - at that point I think your rates agencies will just say Game Over.''