Ex-Eskom chair Zola Tsotsi testifies how Guptas threatened him

2017-11-22 12:56

Former Eskom chairperson Zola Tsotsi claims that Tony Gupta warned him that he was not helping them at Eskom and therefore his job was at risk.

SAA must find its commercial legs and root out crooks, says new CEO

2017-11-21 16:52

SAA must finds its commercial legs and a process will unfold to root out corrupt employees, chief executive Vuyani Jarana has told Parliament.

Cosatu concerned that SAA cost-cutting will lead to jobs bloodbath

2017-11-17 21:00

It's all good and well to cut costs at SAA, but what about those who will lose their jobs, Cosatu has asked Parliament.

Forget about equity partner for SAA - analyst

2017-11-17 15:32

Forget about finding an equity partner for South African Airways for the time being, strategy consultant Thabang Motsohi has told Parliament.

Be honest about reasons for SAA's problems - Gcwabaza

2017-11-15 16:40

It is time to go back and dig into the history of South African Airways to uncover the reasons for its problems, says Parliament’s standing committee whip Ndabaka Gcwabaza.

Airlink scores in SAA deal

2017-11-12 06:00

Despite denials by the main players, competitors insist that the contract presents a barrier to entry for smaller airlines.

An airline must not be a political football: Ex- SAA acting CEO

2017-11-09 12:31

If an airline is not operated on business merits, that can be one of its biggest stumbling blocks, Nico Bezuidenhout, CEO of fastjet tells Fin24.

INTERVIEW: SAA seeks investor to revive its fortunes - CEO

2017-11-07 07:26

SAA will revive a plan to seek an equity partner that’s able to provide cash and operational savings to help turn around the state airline, according to its new chief executive officer.

Top5 on Fin24: Gupta art trader fined, WhatsApp crashes, and Eskom inquiry continues

2017-11-03 16:53

ICYMI: A roundup of Friday's top business and economic news.

D-Day for Dudu Myeni as Gigaba to meet SAA board

2017-11-02 22:29

Friday will be SAA chairperson Dudu Myeni’s last day in the pilot’s seat of the national carrier, as Finance Minister Malusi Gigaba meets the board to make effective the board changes announced on October 19.


Tsotsi drops Myeni/Zuma meeting bombshell at Eskom Inquiry

2017-11-22 11:49

Former Eskom chairperson Zola Tsotsi has dropped a bombshell at the Eskom Inquiry, saying that former SAA chair Dudu Myeni had called him to request his availability to meet President Jacob Zuma.

Zuma vows govt will continue supporting embattled SAA

2017-11-18 17:58

President Jacob Zuma said the government will continue supporting South African Airways on its path towards renewal.

#News24 ICYMI: Another missed Sassa deadline; Mugabe given an ultimatum and Miss Caroline not slamming the brakes on driving lessons

2017-11-17 17:58

Severe weather conditions shut SA and Lesotho border; Zimbabweans remain hopeful and the Springboks go into Saturday's Test against France in Paris having not played in the country since 2013.

More oversight of SAA spending needed, Parliament hears

2017-11-16 08:24

The funding of South African Airways has not been undertaken in a deficit-neutral manner, resulting in a projected R3.9bn breach of the expenditure ceiling, Parliament has heard.

SAA shouldn't rely on bailouts, Parliament hears

2017-11-15 12:02

Government guarantees to South African Airways should not be viewed as an easy option to avoid managing risks as currently appears to be the case, says the Financial and Fiscal Commission.

Exorcising Dudu Myeni’s ghost

2017-11-12 06:00

From now on, the CEO of SAA would actually be allowed to run the place, said Finance Minister Malusi Gigaba and new board chair Johannes Bhekumuzi “JB” Magwaza at this week’s “unveiling” of the airline’s new board.

SAA still searching for equity partner

2017-11-07 15:00

Finance Minister Malusi Gigaba says cash-strapped South African Airways is still searching for a strategic equity partner.

SAA meeting with banks on debt rollover critical, says new CEO

2017-11-06 22:19

A number of banks have in principle agreed to extend their loan terms, says the airline's new CEO Vuyani Jarana.

New SAA board in place, Treasury confirms

2017-11-03 13:16

Finance Minister Malusi Gigaba has held a special meeting with South African Airways (SAA) and the new board is in place, a Treasury official has told Parliament.

'We can't just throw SAA away' - Ramaphosa

2017-11-01 21:00

Deputy President Cyril Ramaphosa pleaded with members of Parliament to give the new SAA board and CEO an opportunity to prove that they can put the airline on a path to financial stability.

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