Saa
'Little-known' company sues govt over R51 sale of SAA majority stake
The Money Show interviews Bloomberg News journalist Loni Prinsloo about Toto Investment Holdings' court challenge.
-
SAA to resume flights to Durban from March
SAA's interim chief executive officer Thomas Kgokolo said that since operations resumed last year the airline's customers and partners had been asking for it to open.
-
'We've done our homework': SAA CEO says its routes will be lucrative
SAA was planning to resume operations from 23 September.
-
SAA-Takatso deal: PSA calls for urgent meeting to clarify investment
Just over a week ago Public Enterprises Minister Pravin Gordhan announced a new strategic equity partner for SAA, but already questions have been raised about the consortium and whether it has the required funds.
-
SACP asks govt for transparency regarding SAA's new strategic partnership
On Friday, Public Enterprises Minister Pravin Gordhan announced Takatso Consortium as a new strategic equity partner for the state-owned airline, SAA.
-
Gordhan: With new equity partner, SAA will no longer need government funding
Public Enterprises Minister Pravin Gordhan announced on 11 June 2021 that Takatso Consortium will be the new strategic equity partner for South African Airways. The Takatso Consortium will own 51% of the airline and the Department of Public Enterprises 49%. #SAA #PravinGordhan
-
A 'unique' operating model: 51% of SAA to be sold to Takatso Consortium
Fifty-one percent of SAA will be sold to a consortium, while the Department of Public Enterprises will own the other 49%.
-
WATCH LIVE: Former minister Malusi Gigaba returns to Zondo inquiry
Former Cabinet minister Malusi Gigaba is continuing to give evidence at the Zondo commission of inquiry into state capture on Monday afternoon.
-
Parly told that the bulk of SAA business rescue funding spent on consultants
SAA entered into business rescue in December of 2019 and finished the expensive process in April.
-
SAA might take off in July, says interim CEO Kgokolo
The struggling airline management said it would be ready to take to the skies if there aren't any disruptions from the raging pandemic and airline staff.
-
Work to save SAA has only begun, says public enterprises dept
The department welcomed the announcement by SAA business rescue practitioners that the airline is no longer under business rescue.
-
SAA business rescue comes to an end
It's understood South African Airways has now been handed back to the executives and the board.
-
‘Dudu Myeni & Ajay Gupta kept Malusi Gigaba on short leash’ - Norma Mngoma
Former SAA board chair Dudu Myeni was supposed to report to Malusi Gigaba as he was Minister of Public Enterprises, but Norma Mngoma said it was the other way around.
-
Numsa turns to Scopa to hold DPE accountable over unpaid SAA Technical salaries
This comes after SAA Technical staff was not paid while Air Chefs staff have not been paid since March last year.
-
SAA business rescue expected to be completed by end of March
The national carrier was placed under business rescue in December 2019 amid allegations of mismanagement, which left the airline in dire straits and unable to pay its debts.
-
SAA was denied request to fetch J&J vaccine due to lack of safety details
The Aviation Authority said it denied SAA's initial request to take to the sky on Sunday due to SAA's failure to provide adequate details on safety mitigation measures for the crew deck.
-
Khoza: I couldn't understand why we had to protect Zuma at all costs
Former ANC MP Khoza said that the party's leadership said that it was under attack and that no MP would be allowed to vote against Zuma in a motion of no confidence but she believed that Zuma was a liability.
-
Numsa, SACCA head to court over unpaid SAA salaries
The unions want the court to compel the Public Enterprises Department and the airline's business rescue practitioners to pay over three months' deferred salaries.
-
How the stresses and strains on SA’s economy played out in Parliament
Lawmakers had to consider, debate and approve not one, but three Budgets this year while operating under lockdown.
