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Family, friends and an ever increasing group of concerned supporters, of Ashley Oosthuizen (22), an young South African girl who was imprisoned for life in a Thai jail two years ago, are appealing to the ANC government in SA to pay urgent attention to her case. Oosthuizen’s family also fear that they will now rarely be able to contact her, after she was recently moved to a new prison. Her parents have apparently last spoken with her in December last year.
SA Airways (SAA) has secured R3.5bn in funding from the Development Bank of Southern Africa. “Discussions held with financial institutions have been fruitful,” joint SAA business rescue practitioners Les Matuson and Siviwe Dongwana said in a statement on Tuesday. The Read More …
The competition to get SAA free will now begin, which the weakest state-controlled entity now has literally no value. The government’s inability to live up to its promise and make another R2 billion available to SAA as the largest rescue Read More …
SAA has confirmed its cancellation of 38 domestic and international flights between OR Tambo International Airport and Cape Town, as well as between Johannesburg and Durban’s King Shaka airports. In a statement, the airline said: “These decisions are in line Read More …
Minister of Public Enterprises Pravin Gordhan has warned that, while two unions at SAA are demanding salary increases for members, the airline might not even be able to pay any salaries at the end of the month. The minister was Read More …
More than 3000 workers affiliated with Numsa and Sacca downed tools at SAA on Friday over a wage dispute and plans to cut more than 900 jobs, costing the airline about R52 million a day. The interim chief financial officer Read More …
An investigation into a flight incident which occurred on a Mango Boeing 737 aircraft has unearthed the extent of South African Airways’ problems, according to a report in the Sunday Times. Passengers on a recent Mango flight from Johannesburg to Read More …
It is disturbing to realise that recently another enormous lifeline was quietly given to SA Express while all the attention was on Eskom, the SAA and the SABC. According to the Free Market Foundation, SA Express received a lifeline of R1,24 billion from the government in November last year and was now given government guaranteed financing amounting to R300 million.
It seems that the Free Market Foundation forced SA Express by means of the Promotion of Access to Information Act to disclose its financial statements and managerial account data.
SA Express has become a large hole draining tax money from the fiscus dam and if it continues in this way, it will drain everything until there is nothing left. The ANC will have to realise at some point that the country does not have an inexhaustible source of money and that public enterprises cannot be saved from financial ruin indefinitely.
Like with e-toll, taxpayers will get to a point where they will n
A little-known company that was awarded a multimillion-rand contract to supply fuel to SAA hasn’t delivered since October last year. This means that the airline has been short of 2-million litres of fuel a month – although this amount is Read More …
Billions and billions have been thrown at The South African Airways (SAA), but the airline don’t have much to show for it. It’s hard to recall a time when the limpest of all our state-owned entities was successful on its Read More …