Saat

SAA will have a strategic equity partner by August, says public enterprises department

The airline’s outstanding government guaranteed debt is R6.4-million and the treasury says there are no new guarantees to mitigate future risks to the fiscus

Emsie Ferreira

4 min read

BLACK FRIDAY

6 DEC 2019

SAA cut off to protect other SOEs

After years of pumping billions into the airline, government picked business rescue to prevent a wider fallout at Eskom and other state entities

Sabelo Skiti
Thando Maeko

9 min read

Aside from mounting a financial rescue operation at Eskom, the government will give another R1 billion to SAA before the end of the current financial year towards paying off the airline’s historical debt.
(Delwyn Verasamy/M&G)

MANGO AIRLINES

12 NOV 2019

SAA to shed 944 jobs but pilots get pay rise totalling R100m

Three unions in the middle of negotiating wage increases say the airline had not told them of its decision to retrench staff

Sabelo Skiti

5 min read