Sa express
Desperate SA Express staff turn to Parly for financial compensation
SA Express was placed under business rescue in February and the COVID-19 lockdown on 26 March resulted in the grounding of its fleet. Workers said that they had...
Professor Job Mokgoro is at the state capture commission to testify about a R50 million payment that he allegedly authorised when he was director-general of that province.
About 691 employees have not been paid in full since the end of March. Some of them last week demonstrated outside the Department of Public Enterprise’s offices in Pretoria.
SA Express is in provisional liquidation after an attempted business rescue failed.
The regional carrier was put into business rescue in February after a creditor launched an urgent court application for its liquidation. The liquidators came into office on 13 May.
Deputy Public Enterprises Minister Phumulo Masualle told lawmakers that the liquidators had applied for a three-month extension, sparking outrage in the committee.
Public Enterprises Minister Pravin Gordhan is briefing Parliament's Standing Committee on Public Accounts (Scopa) on developments relating to SAA and SA Express.
SA Express was placed under business rescue in February and suspended its operations last month due to the COVID-19 outbreak.
Business rescue practitioners had filed the application, warning that the state-owned airline had no hope of making it after the state denied post-commencement funding.
The regional airline was placed on business rescue earlier this month, after one of its creditors took the state-owned entity to court.
The court handed down the ruling on Thursday after transport and logistics company Ziegler filed an application last month.
The trade union said the ruling was a result of poor management and decision making at SA Express.
The High Court decided on this move after transport and logistics company Ziegler filed an urgent application last month in a bid to recoup over R11 million owed to it.
Transport and logistics company Ziegler filed the application in the High Court in Johannesburg on Thursday morning.
The Development Bank of Southern Africa stepped in on Tuesday by pledging R3.5 billion for the cash strapped airline.
Mthatha Airport closes at 6pm sharp and the flight was carrying over 50 passengers from Johannesburg to Mthatha.
SA Express spokesperson Mpho Majatladi said the plane's delay was due to technical issues the plane experienced before take-off from Johannesburg.
An oversight report published this week follows recent visits and inspections of the key SOEs like the South African Airways (SAA), Denel and Transnet.
NUM wants the government to abandon its plans to split Eskom into three divisions, fearing that this will lead to its privatisation.