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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...

Unions called to finalise SAA restructuring plan

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The Department of Public Enterprises (DPE) has called on unions to convene their own bilateral meetings to finalise the South African Airways (SAA) restructuring...

SAA liquidation means financial hardship, DPE warns

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The Department of Public Enterprises (DPE) cautioned South African Airways (SAA) employees, labour unions and creditors that the liquidation of the airline will lead...

COMPANY NEWS

SANDF youth employment commitment increasingly hamstrung

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With an official youth unemployment rate of 46% for the first quarter of 2021, it’s not surprising two published pieces about military recruitment on...
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