ARTICLES RELATING TO SAA

Vavi’s federation condemns use of pensions to bail out SOEs

2017-05-26 21:00

The South African Federation of Trade Unions says it is concerned over Treasury’s plans to bail out failing state-owned enterprises by using government employee pensions.

Gigaba: Ratings agencies fret over SOEs, policy uncertainty

2017-05-24 13:57

Ratings agencies' biggest concerns are state-owned firms, the ability to grow the economy and resolving policy uncertainty, says Finance Minister Malusi Gigaba.

PIC in the mix of options to fund loss-making SAA

2017-05-17 12:59

National Treasury is considering a 'number of avenues' to finance the loss-making SAA, which may include the Public Investment Corporation as a public equity partner.

No decision yet on equity partner for SAA, says Gigaba

2017-05-10 18:44

The government has not taken a decision yet whether an equity partner will become a shareholder of SAA, says Finance Minister Malusi Gigaba.

Eskom’s government guarantee tops R200bn

2017-05-09 15:54

National Treasury director general Lungisa Fuzile says government's biggest guarantee is to Eskom, which could have been higher if the power utility's build programme progressed faster.

Our intolerance will be the death of us

2017-05-07 06:23

Another day, another aeroplane incident.

SAA gets final court order against cabin crew strike

2017-05-03 17:46

The Labour Court has granted SAA a final order against the South African Cabin Crew Association and its members.

SAA granted interdict against striking cabin crew

2017-04-26 13:05

The Johannesburg Labour Court has granted SA Airways (SAA) an interdict against striking SA Cabin Crew Association (Sacca) members.

SAA warns of possible strike action

2017-04-25 17:32

SAA has been served with a notice of intention to embark on an industrial action by one of the labour unions representing its cabin crew members.

Public enterprises played a big part in South Africa’s credit ratings downgrade

2017-04-05 13:27

S&P's main worry is that plans to improve the underlying financial positions of parastatals may not be fully implemented, writes Stephen Labson.

 

Don't tap into PIC for SAA bailout - union

2017-05-24 20:00

A public services trade union has voiced concern that Treasury could consider the Public Investment Corporation as one of the options to finance lossmaking state carrier SAA.

Fresh SAA tender scandal comes as Treasury stalls tabling reports

2017-05-22 09:14

The latest report of corruption at SAA comes as Parliament’s oversight of the state-owned airline battles to gain sight of a variety of investigative reports.

SAA lost over R31m in one day due to strike action

2017-05-15 17:59

SAA lost more than R31m as a result of the the strike by the South African Cabin Crew Association on April 26, says Finance Minister Malusi Gigaba.

SAA appoints chief financial officer

2017-05-10 12:20

South African Airways has announced the appointment of Phumeza Nhantsi as the national carrier’s new chief financial officer, effective from 1 May.

No policy shift at National Treasury, says Fuzile

2017-05-09 14:58

The direction and policies of National Treasury haven’t changed since the appointment of new Finance Minister Malusi Gigaba, says outgoing director general Lungisa Fuzile.

SAFTU set for a Nedlac showdown

2017-05-07 06:12

The newly formed SA Federation of Trade Unions (Saftu) will soon apply for its seat at the National Economic Development and Labour Council (Nedlac), where it will have its first confrontation with the three major incumbent labour federations.

Strike ends at South African Airways

2017-04-27 16:22

South African Airways says cabin crew members whose strike forced some flight cancellations have returned to work after a court order.

SAA announces annual wine awards

2017-04-25 17:33

South African Airways has announced its annual Wine of the Year Awards at a gala dinner held at the Southern Sun Cape Sun hotel.

Rating South Africa’s creditworthiness: Nothing but the facts?

2017-04-19 19:21

The track record of major rating agencies may warrant a healthy level of scepticism but their job is not an easy one, says Dr Stephen Labson.

SAA's losses balloon to R4.5bn

2017-03-27 19:33

SAA’s losses have escalated once more - to R4.5bn. This is R1bn higher than reported just ten days ago, the national carrier's latest income statement to parliament reveals.

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