Transnet port operations are back up and running, according to Pravin Gordhan’s Department of Public Enterprises.
Mango says it will continue to operate the scheduled flights indicated on its website until the end of this month.
The DPE says a minority of SAA pilots tried to protect their own self-interests and pockets by discrediting the vaccine pickup flight.
While the national carrier remains mothballed, the airline’s headquarters appears to be receiving no care or maintenance.
In 2019, the diamond mine, in which Alexkor is a partner, retrenched 190 mineworkers from the Richtersveld.
The workers will receive a 5.9 percent increase backdated to April this year, and a pro-rata savings towards a 13th cheque, eNCA reported.
The six non-executive directors are there to restore proper governance at SAA during the implementation of the business rescue plan.
Cabinet was briefed on progress made by the Department of Public Enterprises in implementing the SAA Business Rescue Plan
Public Enterprises Minister Pravin Gordhan came under fire for hiring a chief of staff, who did not meet all the requirements
Eskom further said its board was pleased that some of its generation units were returned to service, which is attributed to the power cuts being downgraded to Stage 3
France Hlakudi has been charged with fraud and Contravention of the Tax Administration Act in relation to his personal tax affairs and that of his companies
Denel haven’t paid salaries since May and are operating at a massive loss, prompting the DA to request urgent talks with new CEO Talib Sadik.
The Department of Public Enterprises said that there are a host of exciting offers on the table for investment in SAA’s replacement.
According to the Department of Public Enterprises, all conditions for the implementation of the SAA Business Rescue Plan were met last week.
The creditors of SAA voted in support of the proposed plan, which would require government or a strategic equity partner to provide an additional R10 billion in funding
The creditors of SAA voted in support of the proposed plan, which would require government or a strategic equity partner to provide an additional R10 billion in funding.
SAA’s business rescue plan has been approved following a voting process involving the airline’s creditors, unions and the DPE.
Ahead of a vote on the SAA Business Rescue Plan (BRP), the Department of Public Enterprises and 600 pilots at the national carrier have reached an impasse
The Department of Public Enterprises has encouraged all stakeholders involved in the SAA business rescue saga to support the proposed plan.
The Department of Public Enterprises (DPE) said the business rescue of SAA would provide a better outcome than the liquidation of the airline.
The DA have said that with Cabinet likely to dismiss BRPs plans to save SAA, they are left with little other option but to liquidate the failed airline.
SAA was placed under administration in December 2019 following years of financial problems and several government bailouts
Government is concerned over the plan, saying it might have not been adequately accomplished
Although the lockdown has afforded Eskom an opportunity to repair its embattled power plants, the loss of revenue will ultimately cost the consumer.
Public Enterprises Minister Pravin Gordhan has come under fire for allegedly appointing a senior government official without a post-matric qualification.