Question NW3091 to the Minister of Public Enterprises
14 December 2023 - NW3091
Essack, Mr F to ask the Minister of Public Enterprises
(1) As the Government shareholder representative in state-owned enterprises (SOEs), what (a) are the relevant details of any private equity capital investments that have been invested in (i) Denel, (ii) SA Forestry Company Limited and (iii) Alexkor in the past five financial years and (b) are the names of the (aa) individuals and/or (bb) institutional private equity investors; (2) what is the breakdown of the dividends that have been paid out by each of the specified SOEs in the past five financial years to each specified private equity investor? NW4158E
Reply:
According to the information received from SOCs:
ALEXKOR:
|
(1) |
(a) There were no private equity capital investments invested in Alexkor for the past 5 years. |
|
(b) (aa) N/A there were no private investors. |
|
|
(bb) N/A there were no private investors. |
|
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(2) |
No dividends were paid as there was no private equity investor. |
DENEL:
(1) (a) (i)None
(b) (aa) None
(bb) None
(2) None
SAFCOL:
1. (a) (ii) There are no Private Equity Investments in Safcol.
(b) (aa) N/A
(bb) N/A
2. N/A
Remarks: Approved / Not Approved/Comments
Jacky Molisane PJ Gordhan, MP
Acting Director-General Minister
Date: Date: