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Denel financial aid plans “afoot” – Gordhan

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Public Enterprises Minister Pravin Gordhan maintains “plans are afoot to provide financial support” to troubled Denel. He told Parliamentary questioner Elphas Buthelezi of the Inkatha...

Master Plan to expand Port of Durban

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The Department of Public Enterprises has announced a master plan for the Port of Durban which will seek potential private investments of R100 billion...

Public Enterprises should assist SOEs Parliamentary committees hear

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Denel, along with currently grounded national carrier SAA and embattled electricity supplier Eskom, are “problem children” for Public Enterprises Minister Pravin Gordhan and, by...

Interim SAA board announced

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The Department of Public Enterprises (DPE) has announced an interim six-member South African Airways (SAA) board as the airline prepares to relaunch in 2021. In...

South Africa gives national airline R1.5 billion, but administrators can’t use...

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The South African government has transferred 1.5 billion rand to administrators for national airline South African Airways (SAA) but the funds cannot be used...

South Africa commits $650 million to airline SAA, administrator says

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South Africa has pledged 10.5 billion rand ($650 million) to South African Airways (SAA), one of the administrators of the ailing state-owned airline said...

Government assesses interests in SAA

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The South African government has received more unsolicited interests from private sector funders, private equity investors and partners for a future restructured South African...

DPE closer to implementing SAA rescue plan

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With all the conditions for the implementation of the South African Airways (SAA) Business Rescue Plan met last week, the Department of Public Enterprises...

DPE urges pilots to accept SAA severance packages

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The Department of Public Enterprises (DPE) has called on individual pilots to accept South African Airways Voluntary Severance Packages (VSPs) ahead of a crucial...

South Africa set to make SAA funding commitment, official says

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The South African government is “on course” to provide a funding commitment for the restructuring of loss-making South African Airways (SAA), a senior official...

COMPANY NEWS

SANDF missing the communication target

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Former defence and military veterans minister Nosiviwe Mapisa-Nqakula on a number of occasions said words to the effect South Africans have to decide what...