SA Express official hid R9.9m to avoid detection in lifestyle audit, inquiry hears

2019-07-12 16:54

An official from SA Express asked that R9.9m be kept in a consultancy's accounts to avoid the funds being detected in his personal accounts through lifestyle audits, the State Capture Commission has heard.

SAA board chair resigns

2019-07-11 18:18

Minister of Public Enterprises Pravin Gordhan announced on Thursday that South African Airways board chair JB Magwaza had resigned from the embattled national carrier for personal reasons.

Nico Bezuidenhout will return to Mango Airlines as permanent CEO

2019-07-03 17:05

Mango's board has appointed Nico Bezuidenhout as permanent CEO with effect from October 1, 2019. Bezuidenhout was the founding CEO of Mango Airlines.

Do you mean 'blacks can't cook?' asked ex-SAA board chair Dudu Myeni

2019-07-01 16:40

Former SAA board chair Dudu Myeni was allegedly opposed to the 2015 appointment of LSG Sky Chefs as airport lounge catering company and wanted the contract to be awarded to a subsidiary of the national carrier.

'We're scapegoats' says head of BnP Capital, as he ends testimony at inquiry

2019-06-28 14:49

Daniel Mahlangu, the head and sole director of the financial advisory firm, has complained that BnP Capital had been made a 'scapegoat' and was subject to 'stigma' from appearing before the commission of inquiry into state capture.

State Capture scrutinises suspension of BnP Capital licence

2019-06-27 21:45

The director of BnP Capital has been quizzed about the suspension of the company’s licence by the Financial Services Board in a development that could have impacted its contract with SAA.

WATCH LIVE: BnP Capital director to take the stand at state capture inquiry

The judicial commission of inquiry into allegations of state capture will resume on Thursday and will be hearing the testimony of the Director of BnP Capital Daniel Pholisani Mahlangu.

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Board was suspicious of public enterprises dept, ex SAA CEO tells inquiry

2019-06-26 19:03

Former South African Airways CEO, Sizakele Mzimela, has detailed the lead-up to the mass walk-out of board members, her own resignation, and the appointment of new chai Vuyisile Kona.

WATCH LIVE: SAA back in the hot seat as state capture inquiry resumes

The judicial commission of inquiry into state capture is expected to hear aviation-related testimony from senior South African Airways officials. Watch live.

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Radical action, please: Asset manager's warning to Ramaphosa

2019-06-20 18:41

President Cyril Ramaphosa will have his work cut out for him in his bid to allay investor fears as he delivers the State of The Nation Address this evening, according to Steven Nathan, founder of asset manager 10X Investment.


SAA has R1.1bn stuck in cash-strapped Zimbabwe

2019-07-12 10:20

The flag carrier is currently unable to repatriate proceeds from ticket sales due to Zimbabwe's severe foreign currency shortage.

Mango CEO Nico Bezuidenhout on his plans for the airline

2019-07-11 06:00

Nico Bezuidenhout, who returns to low-cost airline Mango as CEO on October 1, tells Fin24 he wants to make an informed decision on the course of action going forward.

SAA leases new state-of-the-art aircraft

2019-07-02 18:08

SAA is introducing the latest technology, available in ultra-long-haul aircraft, on nonstop flights between Johannesburg and New York.

WATCH LIVE: Former SAA HR manager testifies at state capture inquiry

Former South African Airways human resources general manager Mathulwane Emily Mpshe is expected to testify at the state capture commission of inquiry.

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State Capture: SAA deal 'project director' never heard of firm he was meant to represent

2019-06-28 11:56

The man whose name was given as the senior project director of a team who won an SAA tender had never heard of the company he was supposed to be working for, the state capture inquiry heard on Friday.

Ramaphosa can aim higher knowing the public stands behind him

2019-06-27 10:58

The president can get things done if he gives himself time to consult solution-driven South Africans in all sectors from churches to industrialists, writes Mpumelelo Mkhabela.

Gordhan: 5 reasons behind SAA's huge losses

2019-06-26 22:01

From state capture to debt and red tape, there are five main reasons why SAA has suffered over a decade of losses, says Public Enterprises Minister Pravin Gordhan.

Contracted energy group has delivered no fuel to SAA for six months

2019-06-25 22:03

Despite being contracted to provide 2 million litres of jet fuel per month to state-owned airline SAA at OR Tambo, EML Energy has not provided any fuel since November, the judicial commission of inquiry into state capture heard on Tuesday.

SAA back in the hot seat as state capture inquiry resumes

2019-06-24 06:15

The Commission of Inquiry into State Capture will hear aviation related testimony with SA Airways and SA Express seniors set to appear.

Case of ex-SAA pilot who flew with fake licence postponed

2019-06-20 13:02

A former senior SAA pilot, who was fired for flying with a fraudulent licence for more than 20 years, has briefly appeared in the Kempton Park Magistrate's Court where the case has been postponed.

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