No more delays, pleads lawyer, as Dudu Myeni seeks leave to appeal - again

2020-01-27 15:53

A lawyer representing the Organisation Undoing Tax Abuse in a case to have former SAA board chairperson Dudu Myeni declared a delinquent director on Monday pleaded with the court to proceed, as Myeni made yet another application that could stall it.

SAA pilot base in Cape Town safe - for now

2020-01-26 08:48

Captain Grant Back, chairperson of the SAA Pilots' Association, confirmed to Fin24 on that rumours about SAA intending to close its pilot base in Cape Town, were true.

Relief as SAA is able to pay workers their January salaries

2020-01-24 14:59

Following concerns over whether South African Airways would have been able to pay employees' salaries this month, it has now been confirmed that the embattled state-owned airline has the money available to do so - at least for January.

Govt has no plans to bleed jobs at ailing SOEs - ANC

2020-01-22 18:46

The ANC says the government has no plans to retrench staff from ailing state-owned enterprises despite speaking of substantial restructuring.

SAA's business rescue practitioners may have a date with Parliament

2020-01-22 14:09

The struggling flag carrier this week cancelled a number of flights in an effort to save cash.

SAA uncertainty: What you need to know if you have a ticket or intend to buy one

2020-01-21 08:15

A question frequently asked since South African Airways was placed into business rescue in December last year is what would happen if the embattled state-owned airline were liquidated.

Govt looking for funds and a partner to keep SAA in the skies

2020-01-19 20:07

The department of public enterprises says it is engaging with National Treasury to find a way to raise funds for the cash-strapped flag carrier.

Numsa welcomes resignation of SAA director Kingston, calls on rest of board to follow suit

2020-01-18 05:00

The National Union of Metalworkers of South Africa and the SA Cabin Crew Association said Kingston's resignation is a 'positive step'.

ANALYSIS: Ramaphosa needs to autocorrect and do so quickly

2020-01-17 12:00

President Cyril Ramaphosa should quickly correct his mistakes. And he needs to quicken his consultation processes, which do not necessarily have to yield consensus or please everyone before he takes decisions, writes Mpumelelo Mkhabela.

SAA, Eskom expected to take centre stage at ANC's NEC meeting

2020-01-17 08:37

Two NEC members told News24 the topic around SAA and the government's decision to put it under business rescue became a talking point in the last NEC. One member has said the concerns raised by some were around the possible sale of the state-owned enterprise.

 

'Whoever you are is not important if you don't respect resolutions of ANC' - Magashule takes a jibe at Mboweni

2020-01-26 21:00

"Whoever you are, (or) how important you are, is not important if you don't respect the resolutions of the ANC conferences," ANC secretary general Ace Magashule has said.

EXPLAINER: How SAA landed in such a mess – and what will happen next

2020-01-24 15:29

The airline has been in a death spiral in recent months - but its problems stem from a much longer time ago.

SAA business rescue adds to SA Express financial woes - court papers

2020-01-23 05:00

A former supplier of SA Express says the airline's financial position is worsened by the fact that one of its debtors, SAA is currently under business rescue.

ANC: State must keep SAA as a national airline

2020-01-22 14:48

"We will retain a restructured SAA. We will still be flying the South African flag," says ANC secretary general Ace Magashule.

Job cuts will depress South Africa’s limping economy even more

2020-01-22 10:18

Less than a month into 2020, South African companies have already announced thousands of job cuts.

Ramaphosa instructs party leaders to stop interfering at SOEs

2020-01-20 20:01

In what seemed like a warning to one of his high-ranking lieutenants, Public Enterprises Minister Pravin Gordhan, President Cyril Ramaphosa said leaders should stop interfering with the boards of state-owned enterprises.

Govt readies asset sales as SAA faces funding crisis

2020-01-18 21:05

The loss-making carrier has already burned through a loan it got from banks last month, according to people familiar with the matter.

'There's not a lot we can do': Unions await clarity on R2bn for SAA

2020-01-17 18:32

Unions say they are still none the wiser on what government plans to do to secure R2bn to help aid the business rescue process at embattled airline, SAA.

ANALYSIS: Ramaphosa needs to autocorrect and do so quickly

2020-01-17 12:00

President Cyril Ramaphosa should quickly correct his mistakes. And he needs to quicken his consultation processes, which do not necessarily have to yield consensus or please everyone before he takes decisions, writes Mpumelelo Mkhabela.

Get rid of international business to save SAA - expert

2020-01-16 20:05

Getting South African Airways into fit-for-purpose shape would mean getting rid of its international business, claims a source with inside knowledge of the airline's operations and financial situation.

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