Plot to catch SAA chief backfires

2015-03-01 10:26

Top private investigator Paul O’Sullivan tried to force SAA chairperson Dudu Myeni to resign by inadvertently using fake bank statements.

Nene mulls asset sales for parastatals

2015-02-25 16:54

Private investment in parastatals and selling off some of their assets are part of the state's plans to lessen their drain on its finances, says Finance Minister Nhlanhla Nene.

Nene: SAA, Post Office on road to turnaround

2015-02-25 14:29

Both the embattled state-owned airline, South African Airways, and the South African Post Office are on the right road to a turnaround, Finance Minister Nhlanhla Nene has pledged.

SAA CEO to face disciplinary inquiry

2015-02-20 17:39

The board of SAA has resolved to convene a formal disciplinary enquiry to consider complaints against its CEO Monwabisi Kalawe, says spokesperson Tlali Tlali.

SAA awarded 4-Star rating

2015-02-04 16:58

SAA has been awarded a 4-Star rating for the thirteenth consecutive year by Skytrax, the independent, global airline rating organisation.

SAA CEO remains suspended - As it happened

2015-01-30 15:05

SAA CEO Monwabisi Kalawe will remain suspended, SAA chair of the board says, as acting CEO dismisses questions about his qualifications.

SAA leads sky-commerce aircraft tracking

2015-01-26 16:29

South African Airways this week has become the first airline globally to install the Satellite Authorisation Systems.

SA to sell assets to raise R10bn for Eskom

2015-01-22 11:48

The Treasury has decided which assets it will sell to help cover Eskom's funding gap, says Finance Minister Nhlanhla Nene.

Nene meets board to try and stabilise SAA

2014-12-22 17:20

Finance Minister Nhlanhla Nene has met with the SA Airways board after National Treasury took control of the state-owned company.

SAA launches Project Solaris

2014-12-11 17:06

SAA and partners Boeing, SunChem and SkyNRG have launched a massive biofuels project, named Project Solaris, in Marble Hall, Limpopo.


SAA board concerned about CEO allegations

2015-02-26 11:15

The board of SAA is concerned about media articles hinting at an "about-turn" regarding charges against the airline's suspended CEO Monwabisi Kalawe.

State-owned companies big spenders

2015-02-25 15:37

Major state-owned companies such as Eskom and Transnet have improved their capital spending over the past two financial years, a report says.

State coffers could be under more pressure

2015-02-23 20:30

Softer global growth, weak commodity prices and domestic energy constraints could place revenue collections in SA under increased pressure, says an expert.

SAA says significant progress with action plan

2015-02-16 17:27

Two-thirds into SA Airways' "90-day action plan", there has been significant progress in returning it to relative stability, the airline says.

SAA floats domestically, trips on long-haul

2015-01-30 16:28

While the domestic and regional operations of the SAA Group have performed positively, losses on its long-haul operations have grown to R1.6bn.

SAA slams DA allegations against CEO

2015-01-27 15:14

There is no basis to suggest any misrepresentation of qualifications by acting SAA CEO Nico Bezuidenhout or the SAA board, spokesperson Tlali Tlali has told Fin24.

We have proof SAA boss lied - DA

2015-01-26 13:17

The DA claims it has "confidential documents" showing acting SAA boss Nico Bezuidenhout lied about his qualifications.

Treasury approves R6.5bn loan for SAA

2015-01-22 11:02

The latest move takes the total guarantees granted to the South African Airways to R14.4bn, the Treasury said in a statement.

SAA’s ‘hidden’ report puts losses at more than double

2014-12-14 13:28

SAA has reportedly hidden the fact that its losses more than doubled in the 2013/14 financial year from R1.2bn to R2.6bn.

Transparency key in Eskom plan - expert

2014-12-11 12:58

It does seem like all this flurry of activity around Eskom, SAA and the SA Post Office is done on the back foot; aimed at putting off short-term fires, a reputation expert says.

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