They are failing because the board of directors are not competent to run multibillion rand organisations.— Shaun Liebenberg
On Wednesday ratings agency Moody’s placed Eskom, Sanral, the Industrial Development Corporation (IDC), the Development Bank of Southern Africa (DBSA) and the Land Bank on immediate review for a downgrade.
Moody’s is concerned about their access to the debt market and their ability to absorb higher funding costs.
The Money Show’s Bruce Whitfield interviewed Shaun Liebenberg, a former CEO at Denel.
Scroll down for more quotes from the audio below.
I ran Denel up until 2008.— Shaun Liebenberg
Every SOE’s board of directors is appointed by Cabinet. They are responsible.— Shaun Liebenberg
What is the mandate of an SOE? At Denel it was to create a globally competitive organisation.— Shaun Liebenberg
Ray White (on The Money Show) interviews Standard Bank Incubator Jayshree Naidoo.
All is not well with the economy. We live in crazy times. Here’s how to protect your investments and finances…
The history of General Electric is the history of electric lighting and after 125 years they may be selling it.
The Money Show’s Bruce Whitfield interviews Media Monitoring Africa Head of Policy Thandi Smith.
Somali pirates are back, attacking commercial ships once more, says African Business News correspondent Leslie "Lee" Kasumba.
Renting? Letting? Bruce Whitfield checks out an amazing new platform that connects tenants with property managers.
The payments in question were made between 2005 and 2008 while Fransman was Transport and Public Works MEC.
Will Isidingo lose viewership over it's episode tackling racism?
Tru-Cape's varietal expert, Buks Nel unpacks the history of the oldest apple tree located on Table Mountain.
23-year-old North-West University student Musawenkosi Saurombe aces her PhD thesis passing with no amendments.
A new lifestyle market is set to open in Sea Point, offering a variety of food, art, fashion and entertainment seven days a week.
The husband of missing Charlotte Nikoi has pleaded with public to come forward with any information regarding her whereabouts.