Lead South Africa

Cosatu slams Mboweni’s “reckless” statement that SAA should be closed down

JOHANNESBURG, November 2 – The Congress of South African Trade Unions (Cosatu) said on Friday it was deeply alarmed by Finance Minister Tito Mboweni’s statement that South African Airways (SAA) should be closed down. Speaking at an investor conference in New York televised live on SABC on Thursday night, Mboweni said that decisions over the future of the […]

Business Lead South Africa

#MTBPS2018: Govt calls on private sector’s help in R855bln mid-term infrastructure spend

PRETORIA, October 24 – Finance minister Tito Mboweni said on Wednesday that government was ready to call on the private sector to increase its role in assisting government with better implementation of its existing infrastructure plans. This as Mboweni announced that public infrastructure expenditure is estimated to be R855.2 billion over the next three years, […]

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 […]