Latest articles on SAA

Editorial: SA’s sad tale wagged by ANC dogma

To all intents and purposes, the ANC is the government. It is South Africa. The policies made at Luthuli House decide where we go. The corollary of this is that anything bad in the ANC quickly poisons our state and its institutions.

Political elites, not foreigners, are to blame for South Africa’s problems

What if we told foreigners to voetsek? We have fallen victim to the illusion of scarcity. And we are led to wrongly believe immigrants are a threat

SAA funds may need a top-up

Industry experts predict the R10.5-billion from the treasury to rescue the airline may not be enough, but the rescue practitioners say the money is enough to ‘settle the sins of the past’

Covid-19 causes Acsa to dust off its begging bowl

The SOE has asked the government for R3.5-billion in extra support over the next three years to offset losses incurred because of the pandemic

‘Myeni obstructed the work of the Zondo commission’ — Hofmeyer

Advocate Kate Hofmeyr submitted that deputy chief justice Raymond Zondo should direct the secretary of the commission to lay a charge against Dudi Myeni for revealing the identity of secret witness ‘Mr X’

Myeni chooses silence on SAA capture

The former SAA board chairperson invoked the privilege not to incriminate herself at the Zondo commission

SAA to receive R10.5-billion government bailout after all

Several struggling state-owned entities received extra funds after the medium term budget policy speech

SAA in talks to recoup R350-million in blocked funds from Zimbabwe

The cash-strapped national carrier is in the process of recouping its blocked funds from Zimbabwe, which could go towards financing the airline’s business rescue plan

SAA bailout raises more questions

As the government continues to grapple with the troubles facing the airline, it would do well to keep on eye on the impending Denel implosion

Too broke for Mboweni to budget

The scramble to find cash for an SAA bailout, Covid-19 grants and civil servants’ demands force postponement of mini-budget

Khaya Sithole: What’s the state’s role in business?

State participation is valid when the market can’t deliver what’s needed, such as roads and rail networks and telecommunications. But banks and airlines are private enterprise concerns

SAA creditors get R9.3bn from government

The state-owned airline owes R16.4-billion to lenders and needs an additional R10.1-billion to fund the business rescue plan

SAA needs R2.2bn to pay for voluntary severance packages

More than 3 000 employees out of 5 000 have accepted the packages. The state-owned airline, which went into business rescue, is likely to retain 1 000 workers

SAA creditors give go-ahead on rescue plan

Unions and staff representatives have agreed to severance packages for about 2 700 employees who will lose their jobs.

Unions reject SAA severance pay

Labour representatives argue that the state airline just ‘expects 78% of workers to accept one week’s pay’ for each year worked

vital information

The Mail & Guardian’s essential coverage of the ongoing coronavirus crisis is free to read for everyone.

If you would like to support us, please consider taking out a subscription.

Latest

Zuma, Zondo play the waiting game

The former president says he will talk once the courts have ruled, but the head of the state capture inquiry appears resigned to letting the clock run out as the commission's deadline nears

Stern warning against Covid greets Mthembu’s death

The ANC has slammed conspiracy theorists and cautioned against showing complacency towards the deadly virus

Lala ngoxolo Mvelase Jackson Mthembu

In his announcement, President Cyril Ramaphosa called the late minister ‘a life-long champion of freedom and democracy’

Press Releases