DUT stabbing victim Sandile Ndlovu dies in hospital
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Gordhan orders SAA to submit outstanding financial statements
The minister has warned that outstanding financial statements must be finalised and presented.
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Gordhan tells SAA to map clear targets to profitability
The finance minister addressed Parliament where he explained the short term goals of the airline.
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‘SAA is instructed to appoint a new CEO, CFO to stabilise finances’
Pravin Gordhan also says the board must ensure cost containment, so that the airline's debt is paid off.
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Zuma defends SAA’s Myeni
President Zuma has told Parliament he has full confidence in Myeni to turn around the ailing parastatal.
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SAA bailout comes with strict conditions
Fuel, labour and procurement are some of the areas Treasury is demanding SAA start cutting costs on.
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Cope criticises Treasury’s approval of SAA bailout
The party says its concerning that money can be made available to SAA but not for the needs of students.
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SAA needs to change, Mcebisi Jonas tells new board
Last week cabinet appointed a new board to South African Airways.
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Gordhan reiterates faith in new SAA board to turn struggling parastatal around
The finance minister told the National Assembly that he is giving consideration to another bail out for SAA.
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EFF backs DA move to take legal action against Myeni
Julius Malema claims that he has damning information on SAA board chairperson Dudu Myeni.
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SAA to submit financial statements to Hong Kong by month-end
SA has been granted an extension to submit financial documents to continue to operate in Hong Kong.
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DA plans action to remove Myeni as SAA board chairperson
The party says that under Myeni, SAA has become a money-sucking leach which has robbed the public of funds.
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Dudu Myeni's reappointment draws widespread concern & condemnation
Government announced yesterday that Dudu Myeni has been reappointed to serve a two-year term.
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Presidency: Dudu Myeni reappointed for one year, not two
The Presidency has apologised for earlier saying Myeni was reappointed for a two-year term.
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Reports: Dudu Myeni to be reappointed as SAA chair
South African Airways has failed to submit financial statements for the past two years.
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SAA says it is able to meet its financial obligations
SAA says it is asking for help to re-structure its current debt and won’t ask govt for another loan guarantee.
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Cash-strapped SAA to ask lenders for R16bn
State-owned South African Airlines is seeking secured and unsecured funding with a 3 to 15 year duration.
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SAA: Nothing irregular about Hong Kong’s request of financial statements
It’s reported SAA has been given until 6 September to make the submission or face deregistration.
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OPINION: SA must free itself from burden of owning national airline
Jannie Rossouw says SAA must be cut loose to protect the pride of the nation.
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Calls to put SAA under business rescue
SAA is now down to the last R99m it can borrow against government’s guarantee.
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Gordhan adamant a new SAA board can bring positive change
Pravin Gordhan says a decisive turnaround is needed but declined to give details on his plans for SAA.
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SAA ditches deal with BnP Capital
The airliner says it acted after it learned that the service provider could not meet some requirements.
