Call to place SA Express under business rescue as it is allegedly bleeding R1m a day

2018-10-28 16:08

SA Express should be placed into business rescue and possibly liquidated, says the DA, following a report that the state-owned airline paid about R150m to lease 21 aircraft in the last five months.

Eskom turnaround plan expected within days - Mboweni

2018-10-24 14:28

Government will have a new turnaround strategy from the board of Eskom within days, says Finance Minister Tito Mboweni.

DA's Mazzone lays charges against SOE accounting bosses

2018-10-17 21:01

Public Enterprises Minister Pravin Gordhan has acknowledged to Parliament that some of these entities battled with timeous submissions of their financial statements.

Gordhan: Fuel prices will rock SOEs

2018-09-03 14:01

Public Enterprises Minister Pravin Gordhan has said fuel price increases are significantly affecting operations and turnaround strategies at most state-owned enterprises.

SA Express can take off again - with only 2 aircraft

2018-07-26 15:53

The South African Civil Aviation Authority has reinstated SA Express’ Air Operator Certificate, clearing the airline for the resumption of operations.

Grounded SA Express one step closer to taking off again

2018-07-12 16:20

The airline says the South African Civil Aviation Authority has reinstated its Aircraft Maintenance Organisation certification.

Grounded SA Express scrambling to pay June salaries

2018-06-19 06:13

SA Express might not be able to pay its staff on June 25, the Federation of Unions of South Africa said.

Gordhan: SA airlines already working together amid merger talks

2018-05-28 08:30

Minister of Public Enterprises Pravin Gordhan has told eNCA discussions regarding the merger of three government airlines would continue this week with other relevant ministers.

Could be months before SA Express is off the ground again, says aviation body

2018-05-25 16:35

It largely depends on SA Express how fast it provides the necessary information to comply with reapplication to get off the ground, but it could take months, says the civil aviation authority.

Gordhan slams looting at SA Express, touts merger to aid SA's ailing airlines

2018-05-24 12:53

Embattled airline SA Express has found itself facing financial challenges because of people who were looking for opportunities to steal instead of running the airline properly, says Public Enterprise Minister Pravin Gordhan.

 

MTBPS: Business offers mixed reaction, praises Mboweni's honesty on state of affairs

2018-10-24 21:24

Business advocacy groups may have mixed reactions to Minister of Finance Tito Mboweni’s maiden medium term budget policy statement on Wednesday, but were in agreement that his brutal honesty about South Africa’s dire economic outlook was commendable.

No holy cows as Mboweni says reconfigure fiscus-draining SOEs

2018-10-24 14:07

Finances of state-owned enterprises remain weak and they have to be reconfigured, said Finance Minister Tito Mboweni.

Gordhan tells Parliament Denel, SAA, SA Express will miss annual report deadline

2018-09-19 11:42

Public Enterprises Minister Pravin Gordhan has told Parliament that the annual reports for the three SOEs will not be ready on time, as the necessary paperwork is still outstanding.

Gordhan: SA Express flights to take off next week

2018-08-15 11:22

Public Enterprises Minister Pravin Gordhan says grounded airline SA Express will be taking off next week.

Gordhan hails revival of grounded SA Express

2018-07-13 06:57

Public Enterprises Minister Pravin Gordhan hailed the team involved in rescuing the grounded SA Express Airline

SA Express employees to be paid salaries despite financial troubles

2018-06-22 20:13

SA Express employees will be paid in June, the Department of Public Enterprises has confirmed.

'We want to avoid mistakes made in the past' - SA Express acting CEO

2018-05-31 18:40

The biggest issues SA Express could not get away from were its liquidity and going concern status, says acting CEO Matsietsi Mokholo.

Solidarity against airline merger, wants SAA placed in business rescue

2018-05-26 09:44

Trade Union Solidarity is opposed to a proposed merger between SAA, Mango and SA Express and will file a court application to have SAA placed in business rescue.

SOE board changes a blow to state capture – BLSA's Bonang Mohale

2018-05-24 21:23

Business and civil society have welcomed changes to the boards of state-owned entities announced by Public Enterprises Minister Pravin Gordhan.

Gordhan appoints Phakamani Hadebe Eskom CEO in sweeping SOE board changes

2018-05-24 09:28

Cabinet has approved a recommendation by Eskom's board to appoint Phakamani Hadebe as permanent CEO of Eskom.

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