Huge problems for South Africa’s new state-owned bank

[ad_1] South Africa’s new state-owned bank, Postbank, is now imminent – but the government faces several financial, governance and social issues with the group. Last week, President Cyril Ramaphosa signed…

State-owned British Business Bank makes £147m annual loss

[ad_1] The bank says wider economic problems led to a drop in the valuation of businesses it has invested in. [ad_2] Source link

Warning over South Africa’s new state-owned company

[ad_1] South Africa is set to get a new state-owned company, but there are concerns that it could just end up becoming another government failure. The Department of Public Enterprises…

Chaos for South Africa’s new state-owned bank

[ad_1] ​​​​South Africa’s soon-to-be state-owned bank, Postbank, has been left with a massive leadership hole after board members either quit or were fired by the Minister of Communications and Digital…

Italy keeps tight grip on boards at state-owned companies

[ad_1] Receive free Italy updates We’ll send you a myFT Daily Digest email rounding up the latest Italy news every morning. Management candidates at listed Italian state-controlled companies may be…

New state-owned company to help fix South Africa’s state-owned companies

[ad_1] South Africa is set to replace the Department of Public Enterprises with a new state-owned holding company that will manage the finances of the government’s state-owned enterprises. The Department…

IMF urges Serbia to speed up privatisation of state-owned firms

[ad_1] BELGRADE (Reuters) – Serbia’s economy has strengthened over the past three years but the government must accelerate privatisation of poorly managed state firms and cut a bloated public sector…

China signs deal to help South Africa’s state-owned companies

[ad_1] The Department of Public Enterprises has entered into a Collaboration Framework Agreement with the China Development Bank (CBD), which the department says will enhance the sustainability of State Owned…

More state-owned buildings to be converted into co-living spaces to meet housing demand, trends in Singapore

[ad_1] “They cannot put down an exact date as to when their new homes will be completed, and going into co-living gives them that flexibility to actually extend it by…

New state-owned company coming to South Africa

[ad_1] The Department of Water and Sanitation wants to create a state-owned company as South Africa’s water infrastructure collapses. The department’s latest Blue Drop Watch Report noted that the quality…