Ramaphosa urges Gordhan’s cooperation in SAA-Takatso deal

President Cyril Ramaphosa has urged Public Enterprises Minister Pravin Gordhan to attend the Parliament’s Portfolio Committee on Public Enterprises amidst allegations that the Minister declined to participate in the committee’s investigations. The committee is probing potential irregularities in the SAA-Takatso Consortium deal. The oversight body has announced its intention to[…]

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SAA sale part of vital reforms, says Gordhan

Public enterprises minister Pravin Gordhan made an impassioned defence of the sale of a majority stake in SAA for about R51, a deal subject to a lawsuit from a spurned bidder. The privatisation of SAA is a vital reform for the country’s battered economy, Gordhan said in an interview at[…]

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SA Civil Authority gives Comair ultimatum

The South African Civil Aviation Authority has given Comair until Sunday morning to meet the requirements of the regulator or face indefinite suspension. The authority has suspended the Air Operator Certificate of Comair with its subsidiary and British Airways. The authority says this follows investigations that suggest that there are safety[…]

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SAA business rescue plan might not be adequate, govt says

South Africa’s government said it was concerned that a business rescue plan for troubled national carrier SAA published late on Tuesday might not be adequate. The government placed financially strapped South African Airways under business rescue last December, but efforts to revive its fortunes have so far stuttered partly due[…]

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SA unions vow to work with government to save SAA, SA Express

The National Union of Metalworkers of South Africa and the South African Cabin Crew Association said they had had constructive discussions with the government on ensuring the continued existence of troubled national carrier South African Airways (SAA) and fellow state-owned airline SA Express. The unions have been critical of the[…]

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Dudu Myeni wraps up her testimony

Former South African Airways (SAA) board chairperson Dudu Myeni says the only reason she stopped the signing of a deal with Emirates Airlines was because she was under the impression that some board members were not yet satisfied with the deal. Myeni has been accused of stopping former acting CEO[…]

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Development bank lends SAA R3.5billion

The Democratic Alliance (DA) said on Tuesday it would write to the Minister of Trade and Industry, Ibrahim Patel, to obtain full details of the reported loan of R3.5 billion that the Development Bank of Southern Africa (DBSA) had allegedly made available to SAA. “Given the fact that the Bank[…]

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