SAA cancelled some of its local and international flights, saying the decision was aimed at saving cash and optimising its position ahead of a further capital injection. Finance Minister Tito Mboweni says National Treasury is working around the clock to try and secure SAA’s R2 billion bailout as soon as[…]
The ANC’s national executive committee (NEC) is expected to hammer out some tough points around SAA and Eskom this coming weekend. Issues concerning SAA were partially discussed at the party’s last meeting shortly before the January 8 celebrations. National spokesperson Pule Mabe said the topic was deferred to this week’s[…]
Public enterprises minister Pravin Gordhan said embattled SA Airways (SAA) going into urgent business rescue was not a bailout, but would restore the confidence of the airline and help safeguard the entity. Gordhan said the decision for the airline to go into business rescue was supported by government. He said[…]
The National Union of Metalworkers of South Africa (Numsa) is expected to hold a media briefing in Johannesburg on Friday. This follows reports that the union and the South African Cabin Crew Association have reached an agreement with South African Airways (SAA) after lengthy wage negotiations. According to the reports, SAA management has agreed[…]
South African Airways (SAA) has nearly no cash left and may miss salary payments at the end of November as the crippling strike that enters its 7th day. The strike has pushed the airline to the brink of financial collapse and SAA board member Martin Kingston says the strike is[…]
The National Union of Metalworkers (Numsa) says the South African Airline (SAA) board needs to be held to account too and not just the workers for the challenges that the airline is facing. Workers at the state owned airline have been on strike since Friday over wages and the possibility of retrenchments.[…]
South African Airways (SAA) resumed its international flights on Sunday. With regards to the domestic flights, they say Mango airlines as well as SA Express have increased capacity as part of the contingency plan to help SAA customers. SA Air Link will be assisting in the SADC region. Earlier, SAA[…]
President Cyril Ramaphosa has called on South African Airways (SAA) management and unions to urgently seek solutions to their labour dispute. SAA has cancelled nearly all domestic, regional and international flights on Friday and on Saturday following an announcement by the South African Cabin Crew Association and the National Union of Metalworkers[…]
The South African Cabin Crew Association (SACCA) has described as self-sabotage SAA’s decision to cancel all its domestic, regional and international flights scheduled for Friday and Saturday. The cancellations come amid an announcement by SACCA and NUMSA that their members will embark on industrial action Friday morning over a wage[…]
Here’s what is happening in and affecting South Africa today: Eskom’s management team will attend an urgent meeting today to assess the current power situation, after the company was forced to implement stage 2 load shedding late last night. The company has been using its emergency reserves to keep the[…]
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