Involve Jarana in business rescue process or face legal action: Numsa to SAA

6 December 2019, 9:50 PM
The National Union of Metal Workers has threatened South African Airways with further legal action unless they involve former Chief Executive Officer Vuyani Jarana in the business rescue process in order to save workers' jobs at the national carrier.
READ MORE
Government to help ensure reduction of data prices: Patel 3 December 2019, 7:05 AM

Trade and Industry Minister, Ebrahim Patel says government is prepared to do what is necessary to help ensure the reduction of data prices in the country.

Unions decry lack of consultation on SAA 2 December 2019, 8:34 PM

Metal workers union, NUMSA and the SACCA have raised concerns over a lack of consultation by the Department of Public Enterprises.

Minister Ndabeni-Abrahams welcomes fall in data prices 2 December 2019, 6:24 PM

Communications Minister, Stella Ndabeni-Abrahams, says South Africa is on track for a fall in data prices.

Competition Commission gives companies 2 months to reduce data prices 2 December 2019, 3:15 PM

The Competition Commission has given mobile companies two months to reduce mobile data prices or face prosecution.

Rand
Economists predict economy will shrink as SA’s GDP figures contract 2 December 2019, 3:11 PM

The country's economy is expected to contract yet again in the third quarter of 2019.

Strike action not the cause of SAA financial woes: Numsa 2 December 2019, 1:05 PM

Trade union Numsa has called on South African Airways to refrain from - what they say - is misleading the public, by attributing the national carrier's financial and operational woes to the recent strike.

SAA Flight
SACCA calls for SAA to root out corruption at management level 2 December 2019, 10:05 AM

The South African Cabin Crew Association has called for South African Airways to begin a process of rooting out corruption at management level saying it is crucial for the survival of the national carrier.

Pravin Gordhan
SAA committed to remain open for business: Gordhan 2 December 2019, 6:31 AM

Public Enterprises Minister, Pravin Gordhan has assured South Africans that SAA is committed to remain open for business.

Pravin Gordhan
Gordhan confirms SAA will undergo restructuring 1 December 2019, 8:14 PM

Public Enterprises Minister Pravin Gordhan has confirmed that SAA will have to go through a radical restructuring process to ensure its financial and operational sustainability. However the unions say they were not consulted. 

Western Cape govt calls on retail companies to support farm owners 1 December 2019, 6:11 PM

Western Cape Agriculture Minister, Ivan Meyer, has called on all retail companies who benefited from Black Friday sales to support farm owners and farm workers.

People walk through the King of Prussia mall, one of the largest retail malls in the U.S., on Black Friday, a day that kicks off the holiday shopping season.
Drop in Black Friday store visits drives increase in online splurge 1 December 2019, 1:23 PM

US shoppers made more purchases online on Black Friday than in the mall - hurting traffic and sales at brick-and-mortar stores, according to data that offered a glimpse into what is still one of the busiest shopping days of the year.

SAA pays workers remaining 50% of their salaries 30 November 2019, 7:26 PM

South African Airways (SAA) has confirmed paying its workers the remaining 50% of their salaries. On Wednesday, the embattled national carrier only paid workers half their salaries.

Diesel and paraffin set to drop, petrol to rise in December: AA 30 November 2019, 1:39 PM

The Automobile Association says December brings with it mixed fuel price changes. This is according to unaudited month-end fuel price data released by the Central Energy Fund.

Outa says urgent plan needed to rescue SOEs 30 November 2019, 12:51 PM

The Organisation Undoing Tax Abuse says an urgent plan, other than bailouts, is needed to rescue state-owned enterprises.

Govt could be forced into saving SAA: Analyst 30 November 2019, 9:36 AM

Aviation Analyst Guy Leitch says the decision by three travel insurance companies to stop covering tickets issued by SAA against uncertainty over its longevity could just force government's hand in saving it.

Black Friday frenzy missing in the US this year 29 November 2019, 9:12 PM

The frenzy associated with Black Friday shopping was missing this year as US retailers offered earlier discounts and more consumers shopped online, though spot checks around the country showed traffic picked up after a sluggish morning.

SAA
South African Airways dropped by leading travel insurer 29 November 2019, 7:08 PM

 One of South Africa's leading travel insurance firms has stopped covering tickets issued by South African Airways (SAA) against insolvency, leaving the fate of the country's struggling state-run airline hanging in the balance

SAA urgently needs R2 billion capital injection 29 November 2019, 3:17 PM

The insolvent South African Airways (SAA) needs a 2-billioncapital injection to pay salaries and some of its operational expenses.

National Consumer Commission fines Ford SA R35 million 29 November 2019, 2:53 PM

The National Consumer Commission (NCC) says consumers who have been affected by Ford Kugas that caught fire in 2015, have three options for compensation.

Travel agency stops selling SAA flight tickets 29 November 2019, 12:21 PM

International travel agency Flight Centre Travel Group says the decision to immediately stop selling tickets on South African Airways (SAA) flights was taken due to uncertainty over the longevity of the national carrier.

Shops hope for good business on Black Friday 29 November 2019, 8:41 AM

Shops are open across the country as people race to get to special products on Black Friday.

Mbalula warns against lawlessness at train stations 29 November 2019, 6:54 AM

Transport Minister Fikile Mbalula says the state of lawlessness in the commuter rail environment must end. He visited Cape Town Train Station after two trains were torched and 18 coaches were gutted.

Rand firmer following Hong Kong’s protests 29 November 2019, 6:27 AM

The Rand is slightly firmer as investors weighed the impact of U.S. backing for protesters in Hong Kong on its trade negotiations with China.

EU lawmakers clear US beef imports but fault US tariffs 28 November 2019, 6:25 PM

European Union lawmakers approved an increase in US beef imports to the EU on Thursday, a move likely to ease transatlantic tensions.

Mabuza
Mabuza urges support for Eskom’s new CEO 28 November 2019, 3:48 PM

Eskom's acting CEO, Jabu Mabuza has pleaded with the country to get behind the new CEO who takes over the reigns  early in 2020. Andre De Ruyter is the CEO of packaging giant, Nampak.

SACP discourages consumers from spending on Black Friday 28 November 2019, 2:33 PM

The South African Communist Party (SACP) in the Free State has discouraged consumers from going out and spending their hard earned money on Black Friday.

Numsa blames poor leadership for unpaid salaries at SAA 28 November 2019, 10:00 AM

Trade union National Union of Metalworkers of South Africa says the leadership crisis at South African Airways is to blame for the workers not receiving their full salaries.

Eskom presents its interim financial results on Thursday 28 November 2019, 8:40 AM

Eskom will on Thursday present its interim financial results amid certainty that the power utility's dire situation will remain in 2020.

Parly gives SAA until Tuesday to submit outstanding documents 28 November 2019, 5:24 AM

Parliament's Standing Committee on Public Accounts (Scopa) has given the SAA board until next Tuesday to submit all required documents and financial statements.

If SAA won’t come to us, we’ll go to them: Scopa 27 November 2019, 9:36 PM

The Chairperson of the Standing Committee on Public Accounts Mkhuleko Hlengwa says if national airliner, South African Airways, cannot come to Parliament, the Parliament will go to the SAA.