BEE clause in SAA funding notice raises red flag

2016-08-30 06:29

Questions have been raised about the legality of part of SAA's funding request for R16bn in the open market.

SAA's R16bn loan appeal more proof for business rescue - DA

2016-08-29 13:58

SAA's advert for a tender of R16bn indicates the desperate financial position the airline is in and it should therefore be placed under business rescue, says the DA.

SAA's Yakhe Kwinana can run, but she can't hide - Outa

2016-08-25 20:02

Outa plans to lodge a series of acts of misconduct against Yakhe Kwinana, who resigned from the SAA board, which they believe will prove her a delinquent director.

SAA whistleblower heading to CCMA

2016-08-23 19:39

SAA representatives have agreed to refer a case against whistleblower Cynthia Stimpel to the CCMA, according to the Organisation Undoing Tax Abuse.

SA’s richest man says part sale would help Eskom and SAA

2016-08-19 07:00

Eskom and SAA would be better run if they were partially sold to private investors, helping to solve economic challenges, says SA’s richest man billionaire Christo Wiese.

R105m fine for abuse serves SAA right - ex-CEO

2016-08-10 14:55

The South Gauteng High Court has ordered SAA to pay Nationwide Airlines more than R100m in damages - plus interest since 2010 - for non-competitive practices.

Tensions growing between SAA, Mango

2016-08-04 16:07

The leaked report on South African Airways' financial performance for the quarter to end-June appears to indicate underlying tensions between Mango and SAA management.

Glimpse of SAA report shows carrier bleeding money

2016-08-01 07:57

A glimpse of SAA's quarterly report reveals that the national carrier is bleeding money, as details emerge of a deal that could save SAA billions being halted by chair Dudu Myeni.

SAA’s one-woman wrecking ball – SA’s loss is Saudi’s gain

2016-07-29 07:31

SAA deserves so much better than Myeni. South Africa too.

SAA requires a whole new board - Gordhan

2016-07-26 12:00

Finance Minister Pravin Gordhan says South African Airways requires a whole new board and "we must do political homework to get credible people on board".


SAA on why it went to market for R16bn

2016-08-29 18:03

SAA says it is testing the market's appetite with its request for R16bn in funding after it terminated BnP Capital's mandate to source funds and to consolidate debt.

SAA rejects allegations of business rescue, liquidation

2016-08-26 18:29

SAA is not in a state where business rescue is needed and there is no rift between chair Dudu Myeni and Finance Minister Pravin Gordhan, says the airline.

WATCH: Under-fire Gordhan reveals SAA deadlock will soon end

2016-08-25 09:06

Finance Minister Pravin Gordhan says a “good announcement” about South African Airways can be expected “shortly”, as the Hawks warn of corruption charges against him.

Zuma/Gordhan rift over SAA is false - Presidency

2016-08-22 07:48

The Presidency has issued a statement after a report claimed that Hong Kong is about to ground all flights in the next two weeks due to the crisis at SAA.

Call for SAA business rescue amid fund woes

2016-08-11 14:47

The judgment ordering SAA to pay Nationwide Airlines R104.6m plus in damages means the national carrier should be placed under business rescue, says the DA.

SAA slammed over plan to control Mango, SA Express boards

2016-08-08 12:48

Plans by SAA to control its subsidiaries' boards are not only transgressing company regulations, but constitute uncompetitive behaviour, reports Netwerk24.

SAA board not the problem - Satawu

2016-08-01 15:15

The South African Transport and Allied Workers Union believes the chairperson and board of SAA are not solely to blame for the national airline's problems.

Fuel strike won’t down SAA planes – Tlali

2016-07-29 11:45

The strike in the fuel sector won’t impact SAA, as suppliers have fuel reserves in place to ensure a continuous supply for the foreseeable future, the national carrier has assured.

Bring back purged SAA execs, Outa urges Gordhan

2016-07-27 09:14

Senior executives purged from SAA are the perfect candidates to breathe new life into the ailing national carrier, says civil action movement Outa.

When it looks, smells like a pig – usually is. Tale of the SAA whistleblowers

2016-07-26 07:16

OUTA's Wayne Duvenage says shutting down the SAA, BnP deal shows the true value of when whistleblowing is enabled and supported through civil intervention.

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