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DA concerned SAA won’t be privatised despite bankruptcy reports
The opposition party says SAA has been recording a loss of R1.4 billion for the first three months of the current financial year.
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Treasury forensic investigation into Tegeta to answer questions on Eskom deal
Treasury says the probe will establish if correct processes were followed when contracts were issued to Gupta-owned Tegeta Exploration and Resources.
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'SAA will not be privatised, it will be turned around'
The airline says it needs at least R13bn over the next five years to keep planes in the sky, prompting repeated calls from the DA for it be sold off.
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'Failure to suspend Singh would’ve plunged SA into financial crisis'
Speaking during a session on the woes of national carrier South African Airways (SAA), Gigaba reiterated that failure to suspend Singh would have put pressure on Treasury from lenders.
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Gigaba orders forensic investigation into Tegeta report
Gupta-owned Tegeta Exploration and Resources managed to score multi-billion rand coal supply contracts with Eskom despite issues with its coal.
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[LISTEN] 'Vuyani Jarana will take SAA to greater heights'
Finance Minister Malusi Gigaba says the newly appointed SAA CEO Vuyani Jarana’s appointment will resolve the fundamental issues at the airline.
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Gigaba: SAA needs an aggressive turnaround
SAA says that it needs at least R13 billion over the next five years to keep its planes in the sky.
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'I believe SAA is going to be turned around'
Malusi Gigaba suggests that this will soon end with the appointment of the new CEO Vuyani Jarana.
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Gigaba: Jarana has what it takes to turn SAA arround
The 46-year-old Vuyani Jarana will start work as SAA’s new CEO as soon as he’s released by the Vodacom Group.
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Gigaba: Jarana appointment first step in turning SAA around
Finance Minister Malusi Gigaba says Vuyani Jarana turned around a loss-making Vodacom subsidiary, Vodacom Business Africa and believes he’ll be key in doing the same for SAA.
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'I am very worried about the Guptas'
Finance Minister Malusi Gigaba says that he's concerned about the Gupta family's role in influencing decisions at state-owned entities.
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Eskom confirms CFO placed on special leave amid investigation
Singh has been linked to the controversial Gupta family. He signed off on a number of deals that have since been questioned.
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PIC warns further credit rating downgrades highly likely
The PIC is of the view that the probability of more downgrades for rand denominated debt to junk status remains high.
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Gigaba: Downgrades had minimal impact on Govt Pension Fund
However, Malusi Gigaba says the Public Investment Corporation has warned the probability of more downgrades for rand denominated debt into junk territory remains high.
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SAA asked for R10bn injection - Gigaba
The airline was provided state funds in July to help it repay loans of about R2.3 billion to Standard Chartered.
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SA needs structural reforms to boost economic growth - OECD
The government has developed a 14-point economic strategy to stimulate growth but the plan has received a lukewarm reception from investors.
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Maimane: Gigaba unfit to be Finance Minister
Maimane says that Finance Minister Malusi Gigaba is compromised and since his appointment, the economy has gone downhill, which is why he should immediately resign.
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[WATCH] DA pickets outside Treasury, saying Gigaba & Zuma must go
DA Leader Mmusi Maimane says the ANC-led government is abusing resources intended to benefit all South Africans. He says Finance Minister Malusi Gigaba is part of the problem.
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Maimane: ANC using Treasury to benefit Guptas
Maimane says the ANC-led government is abusing resources intended to benefit all South Africans. He says Gigaba is part of the problem.
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Fitch raises red flags over Gigaba's 14-point plan
Fitch says the points outlined in the plan are 'unlikely' to significantly boost economic growth.
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SA's economic plan unlikely to boost growth - Fitch
Malusi Gigaba laid out a 14-point programme that included the possible sale of assets and partial privatisation of SOEs.
