Management consulting firm McKinsey and Co said on Wednesday it would repay all the fees paid to it — estimated to be about R650m — for work done as part of Transnet and SAA contracts. The state capture commission of inquiry made the…
TimesLIVE Mawande AmaShabalala What do former SAA board members Dudu Myeni and Yakhe Kwinana have in common? They love the use of extreme analogies to defend an apparently dodgy SAA contract. They did this while justifying why they backed…
TimesLIVES Mawande AmaShabalala The state capture commission legal team has urged its chairperson, deputy chief justice Raymond Zondo, to instruct the commission’s secretary to lay a criminal charge against former SAA chairperson Dudu…
Finance minister Tito Mboweni has defended the R10.5bn funding allocated for SAA, saying it is not a bailout. Mboweni, who was briefing parliament’s portfolio committee on finance after the medium-term budget policy statement (MTBPS),…
Numsa and the SA Cabin Crew Association want to legally challenge the liquidation of the national carrier SAA and SA Express (SAX). In a joint statement, the unions said they had on Thursday written to the presidency, the department of…
Ethiopian Airlines is in talks over possible involvement in the rescue of flagship carrier SAA, the head of the airline told Reuters on Friday. SAA hasn’t made a profit since 2011 and has been under a form of bankruptcy protection since…
The government has received more unsolicited expressions of interest from private sector funders, private equity investors and partners for a future restructured SAA and its subsidiaries. That was the word from the department of public…
“No social distancing as advertised and promised … Don’t overbook the flights!” Suria Engelbrecht tweeted on Sunday evening, along with a photo of a very full plane, shortly after her FlySafair flight from Durban landed at Cape Town…
With the lowest of SAA’s 170 senior pilots earning R3.6m a year, excluding benefits and incentives, the department of public enterprises says it will not accede to changes to the proposed retrenchment offer as it seeks to resuscitate the…
The labour appeal court in Johannesburg on Thursday ruled in favour of the unions over the retrenchment process at South African Airways (SAA). In May, the National Union of Metalworkers of South Africa (Numsa) and the South African Cabin…
The public enterprises department says it is unable to accommodate the demands of several unions linked to the South African Airways (SAA) business rescue plan. In a statement released on Monday evening, the department said it had…
The party was speaking ahead of finance minister’s emergency budget The official opposition has advised finance minister Tito Mboweni to resist looking for “shortcuts” on Wednesday when he tables the emergency budget brought about by…
The government has allocated R3.8bn to troubled national airline SAA to run its operations in the current financial year ending in March 2021. The similarly financially ruined Eskom will get R33bn for the same period. This emerged during…
The majority of unions representing SAA workers have rejected the business rescue practitioners’ (BRPs’) proposal to wind down the airline. “We‚ as the major unions at SAA‚ are committed to working actively and constructively with…
An agreement has been reached between the government and SAA’s business rescue practitioners to hold off on the signing of retrenchment agreements at the embattled airline until Friday. An undated letter to organised labour signed by…
