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Hold the line on SAA & prioritise COVID-19 fight, DA to Mboweni
South Africa, now on level three, has one of the longest lockdowns in the world and the impact has been devastating with thousands of people losing their jobs as businesses crumble under financial pressure
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SAA administrators propose restructuring plan that will cost govt R10bn
They also expected voluntary severance agreements to be reached with staff and hope to retain one thousand jobs under new conditions of employment.
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30 S.Africans stranded in Germany after being told SAA flight can't take all
Thirty South Africans were left stranded at the Frankfurt Airport after they were told an SAA flight, which apparently had a problwem with its door, could not accommodate all of them.
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Unions at SAA to use extension to submit improvements on rescue plan
The unions said the plan as is lacked substance and needs to be tested by the labour sector.
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SAA administrators seek another rescue plan delay after unions object
The rescue plan for SAA, which has not made a profit since 2011, has been repeatedly pushed back amid fierce wrangling over the airline’s future.
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ANC alliance partners call on govt to finance SAA’s rescue plan
The governing party and its alliance partners – the SACP and the Cosatu - said they would want to see a new viable and growing national airline.
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No decisions taken on SAA draft rescue plan, says DPE
There were reports earlier that government has agreed to fund a restructuring of the state-owned airline if a business rescue plan is adopted.
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Flight mode on: Govt agrees to fund SAA rescue, says draft plan
The draft plan said the government had agreed to make a working capital injection, which the administrators estimated at not less than R2 billion, fund employee layoffs
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A good future for SAA, Eskom: Ramaphosa's SOE Council soon to be named
"I see a good future for SAA, and similarly, I see even a better one for Eskom."
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Dudu Myeni could face further probes into her role at SAA
Myeni was on Wednesday declared a delinquent director by the Pretoria High Court and was barred for life from serving as a director of any entity.
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BRPs stop SAA flights before they even take off
In a statement on Tuesday, SAA said it would resume operations between Johannesburg and Cape Town from mid-June.
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How did you spend the R10bn? Scopa wants details from SAA BRPs
Scopa said R10 billion has been spent on operations since January and the practitioners were expected to have completed their working in March.
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New airline to replace SAA still a work in progress, says Gordhan
Public Enterprises Minister Pravin Gordhan briefed Parliament’s Standing Committee on Public Accounts (Scopa) and the Public Enterprises portfolio committee on the latest developments at SAA.
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SA Post Office could join SAA in succumbing to effects of COVID-19
The Department of Communications and Digital Technologies briefe Parliament about its programmes and projects dealing with the coronavirus.
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Will Gordhan, SAA business rescue practitioners save the airline?
Minister Pravin Gordhan seems to be heading for a showdown with business rescue practitioners Les Matuson and Siviwe Dongwana.
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CARTOON: SAA in ICU
Dr Jack & Curtis
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Gordhan to meet with SAA’s BRPs within 48 hours amid increasing tensions
Briefing Parliament’s committees on public enterprises on Wednesday night, the minister made it clear that the government was at odds with the BRPs’ approach.
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Numsa heads to court over SAA retrenchments
The union wants two retrenchment notices issued to SAA employees last month to be declared unlawful.
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SAA may have to apply for liquidation, says business rescue practitioners
SAA said it didn’t have enough money to continue paying salaries beyond this month.
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COVID-19 outbreak contributed to SAA’s financial problems: BRPs
The national carrier relied on government bailouts for years to stay afloat, however this week, it failed to secure funding from the Public Enterprises Department.
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Is it bye bye SAA? BRPs see little chance of saving the broke airline
The airline could be grounded permanently after the department of enterprises rejected a request for a R10 billion bailout earlier this month.
