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Tag: SAA

South Africa needs to sober up to save itself from sickly state-owned enterprises

The South African government is said to be seriously considering selling its stake in telecommunication firm, Telkom, in order to save the troubled South African...

South Africa mulls merger of three state-owned airlines

South Africa’s government is considering merging its three state-owned airlines into one entity, and offering a 25 percent stake of the holding company to...

SAA: The black hole consuming SA’s resources

South African Airways has become a black hole that is simply consuming the resources of the country and it would be irresponsible to pour...

SA Financial Minister considering 13bn rand bailout for SAA

South Africa’s Treasury is considering a 13 billion rand ($972 million) bailout state airline SAA to keep the company going as it battles a...

South African Airways ‘is on verge of bankruptcy’

South African Airways (SAA) has run out of money and is teetering on the edge of bankruptcy, according to information given to the country's...

Finance Minister receives SAA’s CEO submission

Finance Minister Malusi Gigaba has received the South African Airways (SAA) submission on who should be its next Chief Executive Officer. “Having followed...

South African Airways has been on life support for far too long

South African Airways has been on life support for far too long and it’s time to pull the plug, says the Cape Chamber of Commerce and Industry. “SAA is an essentially commercial operation and, as...

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