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Fighting chance

Fighting chance

By: Terence Creamer     Updated 4 hours ago The new, credible boards appointed at South Africa’s largest and most troubled State-owned companies (SoCs) – Denel, Eskom, Passenger Rail Agency... 

South African Airways says it needs capital injection 'now'

South African Airways says it needs capital injection 'now'

By: Reuters     24th April 2018 South African Airways (SAA) needs a new capital injection "now" to stay afloat and is in discussions with banks and the National Treasury for "an... 

SAA: South African Airways cancels Mauritius flights due to severe tropical storm

SAA: South African Airways cancels Mauritius flights due to severe tropical storm

24th April 2018 South African Airways (SAA) advises customers that the airline has cancelled today’s flights to and from Mauritius due to a severe tropical storm... 

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Trade union Solidarity believes business rescue essential to save SAA; other unions strongly disagree

Trade union Solidarity believes business rescue essential to save SAA; other unions strongly disagree

By: Rebecca Campbell     12th April 2018 Trade union Solidarity believes that business rescue is the only way that jobs can be saved at embattled State-owned national flag-carrier South... 

SA: SAA unions reject proposal to place airline under business rescue

SA: SAA unions reject proposal to place airline under business rescue

12th April 2018 Labour unions South African Transport and Allied Workers’ Union (SATAWU), National Union of Metalworkers of SA (NUMSA), South African Cabin Crew... 

 Eskom inquiry unable to serve summons on Gupta brothers

Eskom inquiry unable to serve summons on Gupta brothers

By: African News Agency      10th April 2018 The chairperson of the parliamentary inquiry into Eskom said on Wednesday it proved impossible for the sheriff to serve summonses on the Gupta... 

Oversight structure set up to monitor implementation of SAA’s latest turnaround plan

Oversight structure set up to monitor implementation of SAA’s latest turnaround plan

By: Terence Creamer     29th March 2018 A formal oversight structure, involving the National Treasury, as well as executive and nonexecutive directors from South African Airways (SAA),... 

Ramaphosa has started the clean up job. But can he turn the state around?

Ramaphosa has started the clean up job. But can he turn the state around?

28th March 2018 South Africa’s new President, Cyril Ramaphosa, is presently receiving numerous plaudits on how he’s handling the transition from the troubled Jacob... 

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