by sundelbolong | May 27, 2020 | Business & Finance News
Former South African Airways (SAA) chair Dudu Myeni has been declared a delinquent director in terms of the Companies Act. Myeni was appointed as non-executive director of the board of SAA in September 2009, became acting chair in December 2012 and chair in September...
by sundelbolong | May 27, 2020 | Business & Finance News
The business rescue practitioners of flag carrier SAA have hit out at the airline for publishing an “unvetted” statement saying some passenger flights will resume next month. SAA published a statement on its website on Monday saying it is retaining its...
by sundelbolong | May 25, 2020 | Business & Finance News
The business rescue practitioners of South African Airways are allowed to appeal a recent Labour Court judgment which found that, in the absence of a business rescue plan, the issuing of Section 189 notices commencing a consultation process over proposed retrenchments...
by sundelbolong | May 20, 2020 | Business & Finance News
When the state allowed one of its state-owned enterprises in South African Airways (SAA) to move into business rescue almost six months ago in an unprecedented move, it was a test of its ability to accept the will of the market when it came to the fate of the national...
by sundelbolong | May 18, 2020 | Business & Finance News
Three unions representing more than 60% of employees at South African Airways are calling for an investigation into the work done by the troubled airline’s business rescue practitioners since they started in December last year. The National Union of Metal...
