SAA

Latest stories

3h
Daily Maverick
Cry, the Beloved Country, Take 2Africans. Whether it is nuclear energy, uranium mining, toll roads, selling of
Cry, the Beloved Country, Take 2
Daily Maverick / Posted 3 hours ago
Africans. Whether it is nuclear energy, uranium mining, toll roads, selling off oil reserves, the fiasco of both SABC and SAA, or ordering the wrong size diesel engines – Zuma’s government is crippling our country. Then there is Nazir Alli, head... Read more
9h
iol.co.za
0% fee increase will tip UKZN further into the redCommission because the government “does not call for commissions” to inject ext
0% fee increase will tip UKZN further into the red
iol.co.za / Posted 9 hours ago
Commission because the government “does not call for commissions” to inject extra funding for parastatals such as Eskom or SAA. “These companies are just given billions of rand. Another major problem is that private businesses don’t want to be... Read more
11h
The Topeka Capital-Journal
CJ Extra Calendar: Topeka's upcoming meetings and events, August 30, 2016Episcopal Church, 3916 S.W. 17th. Open to all men seeking help, but closed to v
CJ Extra Calendar: Topeka's upcoming meetings and events, August 30, 2016
The Topeka Capital-Journal / Posted 11 hours ago
Episcopal Church, 3916 S.W. 17th. Open to all men seeking help, but closed to visitors. Information: (785) 200-3450, saatopeka@gmail.com or https://saa-recovery.org/. Topeka South Rotary Club, 7:15 a.m. Friday, Sept. 2, Washburn University... Read more
13h
AllAfrica.com
Where Is Public Enterprises Minister Lynne Brown?single word nor made efforts to present a plan of action to the impending crise
Where Is Public Enterprises Minister Lynne Brown?
AllAfrica.com / Posted 13 hours ago
single word nor made efforts to present a plan of action to the impending crises occurring at state-owned enterprises (SOE) SAA, Denel and Eskom. As the Minister charged with protecting our nations SOEs this is highly problematic and makes her... Read more
14h
iol.co.za
UKZN fears 0% ruleCommission because the government “does not call for commissions” to inject ext
UKZN fears 0% rule
iol.co.za / Posted 14 hours ago
Commission because the government “does not call for commissions” to inject extra funding for parastatals such as Eskom or SAA. “These companies are just given billions of rand. Another major problem is that private businesses don’t want to be... Read more
15h
The Times & The Sunday Times
‘Brown remains silent while scourge of Gupta state runs rampant’; DAa single word nor made efforts to present a plan of action to the impending cri
‘Brown remains silent while scourge of Gupta state runs rampant’; DA
The Times & The Sunday Times / Posted 15 hours ago
a single word nor made efforts to present a plan of action to the impending crises occurring at South African Airways (SAA)‚ Denel and Eskom”. The timing of Mazzone’s statement was a bit off as it came just hours after Brown told Talk Radio... Read more
16h
AllAfrica.com
Gloves Off As Treasury Takes Swipe At Eskomconcern all South Africans that there are efforts to block and undermine the re
Gloves Off As Treasury Takes Swipe At Eskom
AllAfrica.com / Posted 16 hours ago
concern all South Africans that there are efforts to block and undermine the reviews." Treasury is also doing battle with SAA over a R5bn guarantee it needs in order to table its 2015 annual financial results. Treasury apparently requires a board... Read more
20 related stories
16h
AllAfrica.com
SAA's R16 Billion Loan Appeal More Proof for Business Rescue - DASouth African Airways' (SAA) advert for a tender of R16bn indicates the despera
SAA's R16 Billion Loan Appeal More Proof for Business Rescue - DA
AllAfrica.com / Posted 16 hours ago
South African Airways' (SAA) advert for a tender of R16bn indicates the desperate financial position the airline is in and it should therefore be placed under business rescue, the Democratic Alliance (DA) said on Monday. The cash-strapped national... Read more
2 related stories
16h
AllAfrica.com
National Airline Asks Lenders for R16 Billionits current debt portfolio. The request for long term funding was placed in a
National Airline Asks Lenders for R16 Billion
AllAfrica.com / Posted 16 hours ago
its current debt portfolio. The request for long term funding was placed in a newspaper notice. According to the notice SAA invited proposals for rand funding (even though the source may be foreign) either by bank credit facility or other,... Read more
4 related stories
17h
The Times & The Sunday Times
OPINION: Why the stalemate over Gordhan suits Zuma’s long-term strategyNene. The issues at this level relate to the control of government spending and
OPINION: Why the stalemate over Gordhan suits Zuma’s long-term strategy
The Times & The Sunday Times / Posted 17 hours ago
Nene. The issues at this level relate to the control of government spending and the refusal of the Treasury to support SAA and the procurement of nuclear power infrastructure. With Gordhan back as finance minister‚ Zuma loyalist and SA Revenue... Read more
20h
Eye Witness News
SAA says it is able to meet its financial obligations SAA says it is asking for help to re-structure its current debt and won’t ask
SAA says it is able to meet its financial obligations
Eye Witness News / Posted 20 hours ago
SAA says it is asking for help to re-structure its current debt and won’t ask govt for another loan guarantee. South African Airways plane. Picture: Facebook. South African Airways,SAA... Read more
20h
The Times & The Sunday Times
Cash-starved SAA seeks R16 billion in loansSAA was seeking funding with a three- to 15-year duration and wanted to start d
Cash-starved SAA seeks R16 billion in loans
The Times & The Sunday Times / Posted 20 hours ago
SAA was seeking funding with a three- to 15-year duration and wanted to start drawing down the amount within two weeks of signing the loan agreement, the airline said in the notice published in the Sunday Times newspaper. "Three drawdowns are... Read more
4 related stories
1d
Daily Maverick
An Open Letter to the ANC from Evita Bezuidenhoutput the Cabinet on a diet. The diet has worked. Members of Cabinet were seen re
An Open Letter to the ANC from Evita Bezuidenhout
Daily Maverick / Posted yesterday
put the Cabinet on a diet. The diet has worked. Members of Cabinet were seen recently fitting into economy-class seats on SAA. The results of the municipal elections were not unexpected. What was remarkable was the brilliant performance of the... Read more
2 related stories
1d
IAfrica South African Business News
DA calls for emergency SAA meeting againSunday Times, is a call for R16-billion in loans to be made available to the na
DA calls for emergency SAA meeting again
IAfrica South African Business News / Posted yesterday
Sunday Times, is a call for R16-billion in loans to be made available to the national carrier within the next two months. SAA has been under severe financial pressure, recording heavy losses over the course of the past few years. The airline’s... Read more
2 related stories
1d
iafrica.com
DA calls for emergency SAA meeting againSunday Times, is a call for R16-billion in loans to be made available to the na
DA calls for emergency SAA meeting again
iafrica.com / Posted yesterday
Sunday Times, is a call for R16-billion in loans to be made available to the national carrier within the next two months. SAA has been under severe financial pressure, recording heavy losses over the course of the past few years. The airline’s... Read more
2 related stories
1d
iol.co.za
Why I won't leave the sinking ship… and leave ANC cadres to partythe cabinet on a diet. The diet has worked. Members of the cabinet were seen r
Why I won't leave the sinking ship… and leave ANC cadres to party
iol.co.za / Posted yesterday
the cabinet on a diet. The diet has worked. Members of the cabinet were seen recently fitting into economy-class seats on SAA. The results of the municipal elections were not unexpected. What was remarkable was the brilliant performance of the... Read more
2 related stories
1d
Mail & Guardian
South African Airways seeks billions in long-term funding to help manage debtmanage outstanding debt. The airline will need to access the funding two weeks
South African Airways seeks billions in long-term funding to help manage debt
Mail & Guardian / Posted yesterday
manage outstanding debt. The airline will need to access the funding two weeks after the signing of loan documentation, SAA said in a request for proposals from financial institutions, published in the Johannesburg-based Sunday Times newspaper.... Read more
4 related stories
1d
AllAfrica.com
ANC 'Must Heal and Revitalise' After Bruising Electionbuild the African National Congress, let's restore it to its former glory." He
ANC 'Must Heal and Revitalise' After Bruising Election
AllAfrica.com / Posted yesterday
build the African National Congress, let's restore it to its former glory." He was followed by former tourism minister, SAA board chair and ANC official Cheryl Carolus who said: "We might not like the medicine they gave us, but let us take that... Read more
3 related stories
1d
AllAfrica.com
Kenya Airways Unseats South African Airways to Win 2016 Africa's Leading Airlinethe 2016 World Travel Awards. The Nairobi-based carrier unseated South Africa
Kenya Airways Unseats South African Airways to Win 2016 Africa's Leading Airline
AllAfrica.com / Posted yesterday
the 2016 World Travel Awards. The Nairobi-based carrier unseated South Africa Airways as Africa's best airline, an award SAA had taken home for 22 years in a row. The ceremony was held at Farnborough Airshow in the UK recenly. KQ also won the... Read more
1d
iol.co.za
Why I won't leave the sinking shipthe cabinet on a diet. The diet has worked. Members of the cabinet were seen r
Why I won't leave the sinking ship
iol.co.za / Posted yesterday
the cabinet on a diet. The diet has worked. Members of the cabinet were seen recently fitting into economy-class seats on SAA. The results of the municipal elections were not unexpected. What was remarkable was the brilliant performance of the... Read more
2 related stories
1d
iol.co.za
SAA seeks R16bnTlali, could not immediately comment when reached by Reuters. Hong Kong's tax
SAA seeks R16bn
iol.co.za / Posted yesterday
Tlali, could not immediately comment when reached by Reuters. Hong Kong's tax authorities last week threatened to ground SAA planes if the airline did not provide financial statements by September 6. The airline has failed to submit financial... Read more
4 related stories
1d
Eye Witness News
Cash-strapped SAA to ask lenders for R16bn State-owned South African Airlines is seeking secured and unsecured funding w
Cash-strapped SAA to ask lenders for R16bn
Eye Witness News / Posted yesterday
State-owned South African Airlines is seeking secured and unsecured funding with a 3 to 15 year duration. A South African airways flight takes off as another one is parked in a bay on the tarmac on 25 May,... Read more
4 related stories
1d
News 24 South Africa
The big lie called Jacob Zupta Incget hurt the most. Zuma already faces countless corruption charges. How many m
The big lie called Jacob Zupta Inc
News 24 South Africa / Posted yesterday
get hurt the most. Zuma already faces countless corruption charges. How many more and at what scale will one find when SAA, Eskom etc are investigated properly? What will the consequences be for a President without power or Presidential pardon?... Read more
1d
News 24 South Africa
ANALYSIS: Why the Hawks don't have a case against GordhanVery many public bodies engage in the covert gathering of crime intelligence su
ANALYSIS: Why the Hawks don't have a case against Gordhan
News 24 South Africa / Posted yesterday
Very many public bodies engage in the covert gathering of crime intelligence such as most metropolitan local authorities, SAA, Eskom and Prasa to name but a few." It’s not clear what the Hawks are attempting to rely on in attaching criminal... Read more
190 related stories
2d
Daily Maverick
Gexit? Not so fast, Guptasup that the Guptas had offered her the Public Enterprises ministry in 2010 in e
Gexit? Not so fast, Guptas
Daily Maverick / Posted 2 days ago
up that the Guptas had offered her the Public Enterprises ministry in 2010 in exchange for the dropping of the lucrative SAA route to India in favour of a Gupta-linked airline. That night Mentor had specifically requested that she give the... Read more
190 related stories
2d
FSView
FSU Traditions Barbeque celebrates beginning of school yearcelebrating past traditions with the creation of a new one. Daniel Bell, presi
FSU Traditions Barbeque celebrates beginning of school year
FSView / Posted 2 days ago
celebrating past traditions with the creation of a new one. Daniel Bell, president of the Student Alumni Association (SAA), explains that this was the inaugural event, which stemmed off of another FSU staple, formally known as the President’s... Read more
2d
AllAfrica.com
Why the Hawks Don't Have a Case Against GordhanVery many public bodies engage in the covert gathering of crime intelligence su
Why the Hawks Don't Have a Case Against Gordhan
AllAfrica.com / Posted 2 days ago
Very many public bodies engage in the covert gathering of crime intelligence such as most metropolitan local authorities, SAA, Eskom and Prasa to name but a few." It's not clear what the Hawks are attempting to rely on in attaching criminal... Read more
190 related stories
2d
New Zimbabwe
South Africa: Calls for urgent SAA rescuethreatened to ground South African Airlines if the struggling airliner did not
South Africa: Calls for urgent SAA rescue
New Zimbabwe / Posted 2 days ago
threatened to ground South African Airlines if the struggling airliner did not provide financial statements by Sept. 6. SAA has failed to submit financial statements for the past two years, with results for 2015/16 held back by Treasury's... Read more
6 related stories
3d
News 24 South Africa
ANC 'must heal and revitalise' after bruising electionbuild the African National Congress, let's restore it to its former glory." He
ANC 'must heal and revitalise' after bruising election
News 24 South Africa / Posted 3 days ago
build the African National Congress, let's restore it to its former glory." He was followed by former tourism minister, SAA board chair and ANC official Cheryl Carolus who said: "We might not like the medicine they gave us, but let us take that... Read more
3 related stories
3d
Mail & Guardian
South Africa must accept reality and unburden itself from owning a national airlineairlines flew as carriers of national pride is a thing of the past. Some nation
South Africa must accept reality and unburden itself from owning a national airline
Mail & Guardian / Posted 3 days ago
airlines flew as carriers of national pride is a thing of the past. Some national carriers – South African Airways (SAA) as a prime example – have become major liabilities. They must be cut loose to protect the pride of the nation. With a... Read more
6 related stories
3d
iol.co.za
Cop held after armed robbery, kidnappingHe was on his way to Hong Kong to buy stock for his shop. Upon his arrival at t
Cop held after armed robbery, kidnapping
iol.co.za / Posted 3 days ago
He was on his way to Hong Kong to buy stock for his shop. Upon his arrival at the airport he went to the SAA platinum check-in counter to check the flight information to Hong Kong. He then proceeded to exchange South African currency into an... Read more
3d
AllAfrica.com
SAA Rejects Allegations of Business Rescue, LiquidationSouth African Airways (SAA) has never been in a state where business rescue is
SAA Rejects Allegations of Business Rescue, Liquidation
AllAfrica.com / Posted 3 days ago
South African Airways (SAA) has never been in a state where business rescue is needed, spokesperson Tlali Tlali told Fin24 on Friday afternoon. "Business rescue, properly understood, means a company is unable to meet its financial obligations as and... Read more
6 related stories
4d
Eye Witness News
DA calls for urgent meeting to rescue SAA Hong Kong’s tax authorities this week threatened to ground South African Airl
DA calls for urgent meeting to rescue SAA
Eye Witness News / Posted 4 days ago
Hong Kong’s tax authorities this week threatened to ground South African Airlines. FILE: Picture: Supplied. Democratic Alliance,SAA,SAA bailout,SAA turnaround strategy JOHANNESBURG - The Democratic... Read more
6 related stories
4d
AllAfrica.com
SAA - Finance Committee Meeting Must Be Moved to 31 August to Avoid LiquidationThe 20 September meeting of the Standing Committee on Finance (SCOF) with SAA m
SAA - Finance Committee Meeting Must Be Moved to 31 August to Avoid Liquidation
AllAfrica.com / Posted 4 days ago
The 20 September meeting of the Standing Committee on Finance (SCOF) with SAA must be brought forward in order to avoid the imminent liquidation of the state-owned airliner. Calling an emergency meeting with SAA is vital in order to ensure that SAA... Read more
6 related stories
4d
AllAfrica.com
Sasakawa to Host Official Side Event in NairobiThe Sasakawa Africa Association (SAA) announced that it would host an official
Sasakawa to Host Official Side Event in Nairobi
AllAfrica.com / Posted 4 days ago
The Sasakawa Africa Association (SAA) announced that it would host an official side event at the sixth Tokyo International Conference on African Development (TICAD) tomorrow entitled "Contributing to Social Security and Jobs through Agriculture: 30... Read more
4d
The Times & The Sunday Times
DA wants finance committee to convene early to put SAA under business rescueThis‚ the party’s Alf Lees said on Friday‚ “is vital in order to ensure that SA
DA wants finance committee to convene early to put SAA under business rescue
The Times & The Sunday Times / Posted 4 days ago
This‚ the party’s Alf Lees said on Friday‚ “is vital in order to ensure that SAA is placed under business rescue before it collapses”. The meeting is scheduled for September 20‚ but should be set for August 31‚ the DA has requested. Lees said SAA’s... Read more
6 related stories
4d
AllAfrica.com
Political Thriller Plays Out in South Africathey have been trying to appoint their own people into top positions at state-r
Political Thriller Plays Out in South Africa
AllAfrica.com / Posted 4 days ago
they have been trying to appoint their own people into top positions at state-run companies like South African Airways (SAA) and energy producer Eskom. Worried about the country's increasing national debt and seeing a possible credit devaluation... Read more
190 related stories
4d
The Times & The Sunday Times
SAA in liquidation danger‚ says directorto terminate routes to the city due to concerns about the airline’s financial s
SAA in liquidation danger‚ says director
The Times & The Sunday Times / Posted 4 days ago
to terminate routes to the city due to concerns about the airline’s financial sustainability. The registrar wants SAA to submit its financial statements. SAA urgently requires a R5bn loan guarantee from the Treasury in order to be... Read more
6 related stories
4d
Eye Witness News
SA academics throw their weight behind Gordhanamong this are the Guptas. These are the people, as we speak, they have used th
SA academics throw their weight behind Gordhan
Eye Witness News / Posted 4 days ago
among this are the Guptas. These are the people, as we speak, they have used their influence on Eskom, on IDC, on SAA and Pravin has been a stumbling block for them to loot these particular strategic SOEs." Yesterday, the presidency said... Read more
190 related stories
4d
Mail & Guardian
The president's daring power play: Here comes the Zuma vs Gordhan showdownthe president’s friends – potentially puts the president in direct confrontatio
The president's daring power play: Here comes the Zuma vs Gordhan showdown
Mail & Guardian / Posted 4 days ago
the president’s friends – potentially puts the president in direct confrontation with the national treasury. More specifically, he could lock horns with Finance Minister Pravin Gordhan, who has blocked granting state money to bail out troubled... Read more
4d
DW
Political thriller plays out in South Africa |they have been trying to appoint their own people into top positions at state-r
Political thriller plays out in South Africa |
DW / Posted 4 days ago
they have been trying to appoint their own people into top positions at state-run companies like South African Airways (SAA) and energy producer Eskom. Worried about the country's increasing national debt and seeing a possible credit devaluation... Read more
190 related stories
4d
Eye Witness News
SACP applauds Gordhan for not reporting to Hawksamong this are the Guptas. These are the people, as we speak, they have used th
SACP applauds Gordhan for not reporting to Hawks
Eye Witness News / Posted 4 days ago
among this are the Guptas. These are the people, as we speak, they have used their influence on Eskom, on IDC, on SAA and Pravin has been a stumbling block for them to loot these particular strategic SOEs." Yesterday, the presidency said... Read more
190 related stories
5d
AllAfrica.com
Captain Smart of Adom FM and the Magical Mosquitoesthe typical-minded way Ghanaians go about doing things in Ghana hence the sayin
Captain Smart of Adom FM and the Magical Mosquitoes
AllAfrica.com / Posted 5 days ago
the typical-minded way Ghanaians go about doing things in Ghana hence the saying among Ghanaians back home, "Ghana deE saa in their local Akan parlance. Going back to Captain Smart, he advised the woman not to mind the video on the alleged... Read more
5d
Mail & Guardian
#SarsWars: Here is what South Africans need to know about Gordhan vs everybodyas an obstacle that is thwarting any attempt to corrupt the treasury. Notably,
#SarsWars: Here is what South Africans need to know about Gordhan vs everybody
Mail & Guardian / Posted 5 days ago
as an obstacle that is thwarting any attempt to corrupt the treasury. Notably, he has tried to block intereference in the SAA probe, which is chaired by Dudu Myeni, a personal friend of Zuma’s. When the letters demanding that Gordhan and other... Read more
190 related stories
5d
Eye Witness News
ANC Divided. Confused. No plan – except in GautengEntities. This looks to many like a way around the Treasury’s grip on these org
ANC Divided. Confused. No plan – except in Gauteng
Eye Witness News / Posted 5 days ago
Entities. This looks to many like a way around the Treasury’s grip on these organisations' finances. And a way for SAA and Denel to do what they like, to the benefit of people like the Gupta family. On Wednesday, in the midst of the fracas... Read more
190 related stories
5d
Evening Standard
Goatober: Month-long goat meat festival comes to Londonis still one of London’s cleverest dishes. restaurantstory.co.uk 13/36 Whole f
Goatober: Month-long goat meat festival comes to London
Evening Standard / Posted 5 days ago
is still one of London’s cleverest dishes. restaurantstory.co.uk 13/36 Whole fried sea bass (nam dtok pla thort) at Som Saa The fiery, aromatic dish was a favourite at Som Saa’s Climpson’s Arch residency, and will also appear on the menu at... Read more
5d
AllAfrica.com
All You Need to Know About the Gordhan-SARS-Hawks Dramawilling to approve procurement and policies not in the best interests of the co
All You Need to Know About the Gordhan-SARS-Hawks Drama
AllAfrica.com / Posted 5 days ago
willing to approve procurement and policies not in the best interests of the country (nuclear power and bail out for SAA), this will further hurt both the rand and the economy, reducing financial space for government to respond to the... Read more
190 related stories
5d
iol.co.za
Zuma digs in, unsettles marketsNational Treasury needs to be onside and not a roadblock as it is now,” Montalt
Zuma digs in, unsettles markets
iol.co.za / Posted 5 days ago
National Treasury needs to be onside and not a roadblock as it is now,” Montalto said by email. “They need guarantees for SAA, they need a sign off on nuclear and they need the National Treasury to stop blocking tenders and contracts.” The... Read more
190 related stories
5d
Mail & Guardian
South Africa: It's all about power (and parastatals and tenderpreneurs)and that is why we think this will move rapidly, to an arrest and charges and t
South Africa: It's all about power (and parastatals and tenderpreneurs)
Mail & Guardian / Posted 5 days ago
and that is why we think this will move rapidly, to an arrest and charges and then ultimately on to a reshuffle: SAA is an urgent issue where guarantees are needed. The deadlines are a little fuzzy, but accounts for last year are due in... Read more
190 related stories
6d
IAfrica South African Business News
Zuma decision 'defies all logic'of Treasury and the Minister of Finance. This will be the last nail in the coff
Zuma decision 'defies all logic'
IAfrica South African Business News / Posted 6 days ago
of Treasury and the Minister of Finance. This will be the last nail in the coffin for entities such as Eskom, Denel and SAA that have seen their balance sheets heavily impaired by ANC cadre related deals and gross mismanagement by Zuma appointed... Read more
5 related stories
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