by sundelbolong | Jun 4, 2020 | Business & Finance News
The Covid-19 crisis has been a priority for government in recent weeks, but as soon as the matter settles, attention will turn to Eskom’s debt solution, said Public Enterprises Minister Pravin Gordhan. The minister was speaking during a joint sitting of the...
by sundelbolong | May 16, 2020 | Business & Finance News
There are two ways that a “new airline” can be created to take the place of South African Airways in its current form, Minister of Public Enterprises Pravin Gordhan said on Friday. The one would be to create an entirely new company and trying to acquire a...
by sundelbolong | May 16, 2020 | Business & Finance News
Liquidation is not an option for South African Airways and is a matter of “national interest”, according to Minister of Public Enterprises Pravin Gordhan. “We are not having a garage sale I hope, where things are taken on the cheap so to...
by sundelbolong | May 14, 2020 | Business & Finance News
The grounding of airlines at the end of March due to the coronavirus pandemic was bound to become an existential crisis for an industry not known for its resilience, no matter the geography. For a state battling to keep two of its carriers afloat for the best part of...
by sundelbolong | May 7, 2020 | Business & Finance News
Minister of Public Enterprises Pravin Gordhan has made no bones about the fact that he is questioning the way the business rescue practitioners of South African Airways have been spending the R5.5 billion post-commencement funding received after the state-owned...
