Administrators trying save South African Airways (SAA) will appeal a court ruling that ordered them to halt a layoff process, one of the administrators Siviwe Dongwana told Reuters.
South African President Cyril Ramaphosa has taken the decision to put South African Airways, the cash-strapped national flag carrier, into voluntary business rescue. Caroline Southey from the Conversation Africa asked Professor Marius Pretorius to explain how the process works.
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
Democratic Alliance (DA) MP, Alf Lees has called for South African Airways (SAA) to be sold-off.
A South African Airways (SAA) flight with 200 South Africans are expected to arrive at the O.R Tambo International Airport in Johannesburg later on Sunday.
About 45 South African citizens are expected to be repatriated from Brazil on Wednesday.
The International Relations Department says it’s working on bringing more South Africans, who are stranded in other countries, back home.
Kenya, Ethiopia, Sudan, Guinea and Mauritania all confirmed their first cases of the new coronavirus on Friday, giving the disease a foothold in 19 countries on the African continent.
South Africa’s business confidence sank to a 21-year low in the first-quarter, a survey showed on Wednesday, as recovery in the building, manufacturing and retail sectors in the last quarter reversed in the country grappling with its second recession in two years.
South Africa’s national carrier, South African Airways, has been placed in voluntary business rescue. It’s an historic moment as it’s the first business rescue attempt of a state owned entity.