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 SAA losses mount for 2017

SAA losses mount for 2017 

By: African News Agency      27th March 2018 National carrier South African Airways (SAA) made a further financial loss of R3.7-billion over the nine months to the end of 2017, as revenue... 

South Africa must find  ways of resurrecting its  most important industry

South Africa must find ways of resurrecting its most important industry

By: Martin Creamer     15th December 2017 South Africa is obsessed with trying to prolong its old mining assets without setting out determinedly to replace them with new ones. 

Maimane says govt must stop bailing out SAA

Maimane says govt must stop bailing out SAA

By: African News Agency      23rd October 2017 Democratic Alliance (DA) leader Mmusi Maimane, said on Monday that government could not afford to “throw billions” of rand at the loss-making... 

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OUTA: OUTA says Dudu won't be missed

OUTA: OUTA says Dudu won't be missed

19th October 2017 The Organisation Undoing Tax Abuse (OUTA) welcomes the Cabinet announcement that a new board has been approved for SAA and Dudu Myeni is finally... 

Fiscal storm warning

Fiscal storm warning

By: Terence Creamer     13th October 2017 In the World Bank’s tenth and most recent ‘South Africa Economic Update’, the risk of “fiscal slippage” is highlighted as arguably the country’s... 

DA fails to find support for claim that SAA’s R3bn lifeline was illegal

DA fails to find support for claim that SAA’s R3bn lifeline was illegal

By: African News Agency      5th October 2017 The Democratic Alliance’s (DA's) objection that last week’s R3-billion bailout to South African Airways (SAA) was illegal seems unlikely to go far... 

Parliament looks into legality of bailout to SAA

Parliament looks into legality of bailout to SAA

By: African News Agency      4th October 2017 Parliament’s standing committee on finance on Tuesday asked for advice on the legality of National Treasury’s R3 billion bailout to South African... 

Govt uses National Revenue Fund to bail out SAA

Govt uses National Revenue Fund to bail out SAA

By: African News Agency      29th September 2017 The South African government on Friday approved the transfer of funds from the National Revenue Fund (NRF) to troubled national carrier South... 

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