Months after she was ousted from South African Airways following a string of scandals, Dudu Myeni has landed a top job as the adviser to Transport Minister Joe Maswanganyi. The controversial appointment — which could see Myeni net more than Read More …
Cabinet expresses confidence in new SAA board
Newly appointed Communications Minister Mmamoloko Kubayi says Cabinet is happy with the appointment of a new board at South African Airways. Yesterday Finance Minister Malusi Gigaba announced the axing of former SAA board chairperson Dudu Myeni, who has now been Read More …
Dudu Myeni finaly fired as SAA chair
Dudu Myeni has been removed from the board of South African Airways in what could be a range of changes made to the leadership of the embattled airline. The Mail & Guardian understands that Myeni will be replaced by businessperson Read More …
No end to SAA’s nightmares
The nation’s beleaguered airline has breathing room until October 31 — Halloween, after which its debt demons may return to haunt it with a vengeance. It is understood that most of SAA’s lenders have agreed to roll over the outstanding Read More …
SAA cash crunch deepens as suppliers have still not been paid
South African Airways (SAA) appears to have exhausted its available cash reserves following news that suppliers have still not been paid for work done in July. The airline has thirty-day terms with a number of suppliers that provide essential services Read More …
SAA to get R10bn bailout from sale of government stake in Telkom
Cash-strapped SA Airways is to get a R10-billion bailout through the sale of the government’s multibillion-rand stake in Telkom, parliament was told on Wednesday. DA MP Alf Lees dropped the bombshell in the National Assembly during question time with Deputy Read More …
FNB CEO says he will not fly with SAA and is now looking at honest alternatives
Chief Executive Officer of First National Bank, Jacques Celiers, indicated on social media that he would not make use of SAA’s services anymore. He is now looking at “honest alternatives.” FNB spokesperson Lwazi Stuurman told media that Celliers will not Read More …
ALERT: Passengers warned of SAA strike at OR Tambo International
Cape Town – Passengers are being advised to remain in contact with South African Airways, as a strike by its technical crew is set to get underway. Management of OR Tambo International Airport says they are aware of a strike Read More …
No support for Dudu at parliament’s portfolio committee
The SAA board did not seem likely to support their chairman in parliament after it came to light that the airline suffered a loss of R4,683 billion in the last financial year. The entire board had to appear before the Read More …
SAA to remain under intense government oversight – Gordhan – Budget 2017
SAA will remain under intense government oversight, Finance Minister Pravin Gordhan said in his report contained in National Treasury’s 2017 Budget Review, which he tabled in Parliament on Wednesday. Referring to recommendations made by the Select and Standing Committees on Read More …