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Mango to offer affected customers vouchers after flights temporarily suspended
Mango which is a subsidiary of South African Airways announced on Tuesday that it temporarily suspended all its operations due to outstanding payment to one of its creditors.
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Opposition labels Gordhan a ‘stumbling block’ in SAA, Takatso Consortium deal
While the UDM intends to legally challenge Minister Pravin Gordhan’s announcement, the DA said it had written to Finance Minister Tito Mboweni to request urgent information regarding the deal.
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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.
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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
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Gordhan says SAA to take to the skies as soon as August
Minister Pravin Gordhan and department officials updated Parliament’s public enterprises committee on the status of the national carrier earlier on Wednesday.
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Myeni to Zondo: Tsotsi wanted to use me as a scapegoat as he faced corruption
Dudu Myeni said she helped Zola Tsotsi with advice on how to appoint a legal advisor and to set up a meeting with former President Jacob Zuma.
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Dudu Myeni a no-show at state capture commission
But Deputy Chief Justice Raymond Zondo said first she had to answer why she was not present and if that wasn’t a defiance of a summons and a criminal offence.
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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.
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Numsa, SAA Technical hold first consultative meeting as jobs hang in the balance
The union and staff at South African Airways (SAA) have been served with Section 189 notices informing them that they were considering possibly retrenching about 1,203 employees.
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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.
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SAA business rescue comes to an end
It's understood South African Airways has now been handed back to the executives and the board.
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Mango says it's still waiting for govt funding, about 700 salaries affected
Government has delayed much-needed funding for Mango, promising on a number of occasions that money would be paid over.
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Numsa blames Dept of Public Enterprises for Mango’s problems
New interim SAA CEO Thomas Kgokolo said that Mango, which is a subsidiary of the national airline, was facing a huge amount of debt and its inability to pay would mean Mango would not be able to continue operating.
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‘Revamped’ SAA should take to the skies in August, says new CEO Kgokolo
Thomas Kgokolo is joining the cash-strapped airline at a time when its business rescue process, which started in 2019, is yet to be concluded.
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Numsa instructs attorneys to take action against SAA over unpaid salaries
The union said its members at SAA Technical have not yet received their salaries.
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Pilots sabotaging SAA from getting off the ground – Gordhan
Public Enterprises Minister Pravin blames the SAA Pilots Association for adding to the airline's woes.
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SAA flight deployed to get J&J vaccines almost stalled mid-air, BRPs confirm
Crew members reportedly miscalculated the takeoff weight of the plane during departure from Johannesburg last month.
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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.
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Molefe: I replaced Letsema with Regiments because of conflict of interest
The former Transnet and Eskom CEO on Monday said he decided that Regiments should replace the Letsema Company because of a conflict of interest.
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Irregular Denel tender more like a ‘gentlemen’s agreement’ - SIU tells MPs
The tender involved hacking into the state arms company's IT system to test its vulnerability.
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Dudu Myeni’s interim delinquency order appeal struck off the roll
This after the former South African Airways board chair appealed an earlier ruling that the delinquency judgement can be enforced even while she tries to appeal at the Supreme Court of Appeal.
