Business In The News South Africa

Rolls-Royce makes welcome investment at SAA Terminal – trade and industry department

JOHANNESBURG, October 4 – The opening of Rolls-Royce’s first lease engine storage facility at South African Airways Technical (SAAT) will equip it with the capability and capacity to offer technical support on a full range of engine types to meet the requirements of airline and jet customers in Africa, the department of trade and industry […]

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 […]

In The News South Africa

#ANC54: ANC wants new mechanisms to hold government officials accountable

JOHANNESBURG, December 20 – The African National Congress (ANC) needed to come up with effective tools to hold people it deploys to government accountable, especially at state-owned enterprises (SOEs), the party’s Legislature and Governance Commission proposed on Wednesday. ”Regarding MPs [Members of Parliament], MPLs [Members of provincial legislatures], councillors in [local] government and matters relating […]

Business In The News South Africa

Samwu not buying sale of government’s Telkom stake

PARLIAMENT, October 26 – The South African Municipal Workers Union (Samwu) on Wednesday, said that it was opposed to the plan by government to sell its Telkom shares and was standing against the privatisation of state assets. Finance Minister Malusi Gigaba confirmed in Parliament during his Medium-Term budget Policy Statement (MTBPS) that government will dispose of a […]

In The News South Africa

ANC welcomes medium-term budget

PARLIAMENT, October 26 – The African National Congress (ANC) on Wednesday, welcomed the medium-term budget policy statement tabled by Finance Minister Malusi Gigaba, saying it would closely monitor the implementation of measures contained in the policy document. “The low economic growth means that there will be a R50.8 billion shortfall in tax revenue, and we […]