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SAA

‘Myeni obstructed the work of the Zondo commission’ — Hofmeyer
National
/ 5 November 2020

‘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’

By Sarah Smit
Myeni chooses silence on SAA capture
Business
/ 4 November 2020

Myeni chooses silence on SAA capture

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

By Sarah Smit
SAA to receive R10.5-billion government bailout after all
Business
/ 28 October 2020

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

By Thando Maeko
SAA  in talks to recoup R350-million in blocked funds from Zimbabwe
Business
/ 21 October 2020

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

By Thando Maeko
SAA bailout raises more questions
Business
/ 15 October 2020

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

By Sabelo Skiti
Too broke for Mboweni to budget
Business
/ 15 October 2020

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

By Sabelo Skiti and Thando Maeko
Khaya Sithole: What’s the state’s role in business?
Business
/ 14 October 2020

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

By Khaya Sithole
SAA creditors get R9.3bn from government
Business
/ 11 September 2020

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

By Thando Maeko
SAA needs R2.2bn to pay for voluntary severance packages
Business
/ 10 September 2020

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

By Thando Maeko
SAA creditors give go-ahead on rescue plan
Business
/ 14 July 2020

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.

By Thando Maeko
Unions reject SAA severance pay
Business
/ 18 June 2020

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

By Sabelo Skiti
SAA 2.0 hopes to start lean and grow from next year
Business
/ 16 June 2020

SAA 2.0 hopes to start lean and grow from next year

Draft agreement document spells out that R1.5-billion will be needed to fund severance packages for 2 400 of the airline’s employees

By Sabelo Skiti
Sell assets or create a new airline? Tussle over SAA future intensifies
Business
/ 21 May 2020

Sell assets or create a new airline? Tussle over SAA future intensifies

The department of public enterprises is concerned that the proposed sale of assets threatens its plans to engineer SAA 2.0

By Sabelo Skiti
Former SAA executive denies spying allegations
Opinion
/ 20 May 2020

Former SAA executive denies spying allegations

Vuyo Tuku says he was never accused of spying even when SAA sent charges to him

By Joe Latakgomo and Vuyo Tuku
‘SAA 2.0’: New deal provides a lifeline
Business
/ 14 May 2020

‘SAA 2.0’: New deal provides a lifeline

Airline brought back from the brink as rescue practitioners and Gordhan agree to work on a rescue plan by the end of June

By Sabelo Skiti
Uncertain future for domestic airlines
Business
/ 14 May 2020

Uncertain future for domestic airlines

The uncertainty of a post-Covid-19 airspace makes it even more difficult for the airline industry to forecast its recovery

By Thando Maeko
CCMA cases stunted by lockdown
Article
/ 28 April 2020

CCMA cases stunted by lockdown

Data shows that during the lockdown the statutory body has dealt with 75% fewer cases than during the same period last year

By Sarah Smit
Gordhan steps into SAA crisis, announces a stop to retrenchments
Article
/ 25 April 2020

Gordhan steps into SAA crisis, announces a stop to retrenchments

The minister is also expected to announce talks with unions towards a new airline after the shut-down of the cash-strapped national carrier

By Sabelo Skiti
SAA rescuers give affected parties two options: Wind down or liquidate
Article
/ 23 April 2020

SAA rescuers give affected parties two options: Wind down or liquidate

As SAA subsidiaries declare hardship to staff, business-rescue practitioners urge them to sign agreements to save severance payouts

By Sabelo Skiti
SAA business-rescue practitioners offer severance settlement agreement for all staff
Article
/ 18 April 2020

SAA business-rescue practitioners offer severance settlement agreement for all staff

Practitioners inform staff that the government’s rejection of R10-billion bailout last week almost guarantees that the prospect of rescue is now impossible

By Sabelo Skiti
SAA to operate emergency evacuation flights
Article
/ 29 March 2020

SAA to operate emergency evacuation flights

Airports company, airlines on notice for mercy flights to evacuate foreigners from South Africa

By Sabelo Skiti and Thando Maeko
SAA staff placed on forced leave as airline cancels flights during lockdown
Article
/ 25 March 2020

SAA staff placed on forced leave as airline cancels flights during lockdown

Employees at the embattled state-owned airline have been forced to take leave as SAA cancels all flights during South Africa’s lockdown

By Thando Maeko
SAA endgame arrives as Covid-19 hits airlines
Article
/ 20 March 2020

SAA endgame arrives as Covid-19 hits airlines

With the disease hitting the airline industry hard, SAA has told employees it will run out of money by March 31. Workers must either lose their jobs or move to part-time jobs, it says

By Thando Maeko
Budget 2020: Sympathy for Mboweni from opposition as Cosatu rattles sabers
Article
/ 26 February 2020

Budget 2020: Sympathy for Mboweni from opposition as Cosatu rattles sabers

Political parties want more details on SOE bailouts, wage cutbacks

By Lester Kiewit
State capture commission granted a 13-month extension
Article
/ 24 February 2020

State capture commission granted a 13-month extension

Judge Wendy Hughes says this is the final extension because finality is “owed to the nation”

By Franny Rabkin
Unions vow to push ‘battle for survival’ at SAA
Article
/ 14 February 2020

Unions vow to push ‘battle for survival’ at SAA

The Labour Court dismisses an application by Numsa and Sacca to have planned job cuts at SAA scrapped

By Thando Maeko
SAA workers told not to return to work next month
Article
/ 13 February 2020

SAA workers told not to return to work next month

The airline’s employees in Durban have been told to join the unemployment queue on March 1 because the city’s route will be closed at the end of February

By Thando Maeko
SAA cancels flights, moves ahead with restructuring
Article
/ 6 February 2020

SAA cancels flights, moves ahead with restructuring

The struggling national carrier’s business rescue practitioners say the move to restructure the airline is a bid to return to profitability and to attract equity partners

By Thando Maeko
Let’s go back to the NDP
Article
/ 13 January 2020

Let’s go back to the NDP

To improve the South African economy, we need to institute practical measures to effect change

By Sello Ivan Phahle
SAA set for showdown with labour
Article
/ 4 October 2019

SAA set for showdown with labour

Unions cite board apathy and lack of communication as they prepare for a strike that could cripple the state airline’s operations

By Sabelo Skiti
Yet another SAA exec suspended
Article
/ 2 October 2019

Yet another SAA exec suspended

Vuyi Raseroka is the latest executive at the crisis-prone airline to have their wings clipped

By Sabelo Skiti
​Former SAA interim CEO Bezuidenhout set to return to embattled airline
Article
/ 15 June 2019

​Former SAA interim CEO Bezuidenhout set to return to embattled airline

Nico Bezuidenhout, who left Mango in 2016 to join regional low-cost airline Fastjet, will be the latest name to be unveiled by SAA’s board

By Sabelo Skiti
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