Business Lead South Africa

CEOs tell Ramaphosa of serious challenges plaguing govt companies

PRETORIA, June 6 – Chief executive officers of state-owned companies (SOCs) on Wednesday detailed a number of concerns about the legal and regulatory environment within which SOCs operate, which are often ill-suited to the specific needs of entities and constrain innovation, the Presidency said. President Cyril Ramaphosa met with chief executives of over 20 key state-owned […]

In The News South Africa

Poor governance corruption led to a number of shortfalls at SA Express- MPs heard

CAPE TOWN, August 29 – Lack of leadership capacity and poor governance due to lack of focus over the years has led to a number of procurement shortfalls and poor performance culture at the embattled regional airline South African Express, Parliament’s portfolio committee on public enterprises heard on Wednesday. “Because of the poor governance, it […]

Business In The News South Africa

SAA to support passengers of grounded SA Express, unions worried about jobs

JOHANNESBURG. 25 – May 2018 – State-owned South African Airways (SAA) said on Friday it had recovery plans in place that entailed partnering with other airlines to support passengers affected by the grounding of SA Express planes. The National Union of Metalworkers of South Africa (Numsa) said it was concerned about the safety of workers at the […]

Business In The News South Africa

SAA scrambling to save the day for passengers of suspended SA Express

JOHANNESBURG, May 25 – The South African Airways (SAA) on Thursday said it supported its embattled subsidiary, South African Express, after all its flights were suspended by the country’s civil aviation authorities. The South African Civil Aviation Authority (SACAA) on Thursday announced that it had suspended SA Express due to negative audit findings on the airline which among […]

Business In The News South Africa

SA Express working with aviation authorities to resolve suspension of operations

JOHANNESBURG, May 25 – SA Express said on Thursday that it was working with the South African Civil Aviation Authority (SACAA) to address issues of safety in its operations in a bid to return all its flights to the skies after they were grounded. “Passenger safety remains our top priority and our 24-year safety record reflects this. We are […]