Truce reached over SAA rescue plans

South Africa News News

Truce reached over SAA rescue plans
South Africa Latest News,South Africa Headlines
  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Public enterprises given until June 30 to come up with alternative plan after rejecting previous suggestions that involved eliminating jobs and winding down the airline

BL PREMIUMThe government and the business rescue practitioners of SAA have reached a formal agreement to discuss proposals that include the establishment of a new airline mooted by public enterprises minister Pravin Gordhan.This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BDliveSA /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BMW lends SA Red Cross a hand and 17 BeemersThe 17 cars will help reach marginalised communities in urgent need of help
Read more »

KHAYA SITHOLE: Comair’s business rescue was right on time, as was its new boardThe notion that the process should be a last resort is thankfully not a mistake the airline's directors made
Read more »

Mashaba ready to launch political party in August, plans to contest 2021 electionsFormer Joburg Mayor and DA member Herman Mashaba plans to launch a political party in August.
Read more »

Meet Andiswa Gebashe, who delivers Ramaphosa's messages to the deafGebashe and her colleagues have become an internet sensation as they ensure that the government’s message also reaches thousands of deaf people across the country
Read more »

Rescued KZN python eggs hatch during lockdown, babies released into the wildA good news lockdown story: The pythons have been released into the wild.
Read more »

Demand for scarce business rescue practitioners is likely to soarThere are probably not enough of these practitioners to cope with the demand produced by the Covid fallout
Read more »



Render Time: 2025-03-01 00:23:52