Strategic Equity Partner for SAA on Track
Department of Public Enterprises The acquisition of a Strategic Equity Partner for South African Airways (SAA) is at an advanced stage and could be concluded in the next 4-6 weeks.…
Social Compact on Eskom Signed
Department of Public Enterprises The Framework Agreement for the Social Compact on supporting Eskom for Inclusive Economic Growth has been signed. In a statement, the public enterprises department announced that…
SAA Business Rescue Plan Under the Spotlight
Department of Public Enterprises An efficient and modern aircraft fleet with hybrid density options acquired at competitive rates resulting in cost efficiency. In a statement, the public enterprises department highlighted…
SAA Business Rescue Plan on Track
Department of Public Enterprises The public enterprises department and stakeholders are working around the clock to bring the South African Airways (SAA) Business Rescue Plan process closer to finalisation. In…
DPE Welcomes Treasury Support for SAA Business Rescue Plan
Department of Public Enterprises The public enterprises department has welcomed the commitment by national treasury that government will support and source funding for a business rescue plan for South African…
DPE Lauds Restructuring of South African Airways
Department of Public Enterprises The restructuring of South African Airways (SAA) has set an example for the South African public and private sector of a responsible business transformation process. Kgathatso…
Green Light for SAA Business Rescue Plan
Department of Public Enterprises 86% of creditors have voted to support a business rescue plan for South African Airways (SAA). The public enterprises department confirmed this in a statement welcoming…
DPE Shines Light on SAA Business Rescue Plan
Department of Public Enterprises The public enterprises department has called on creditors, unions and other stakeholders to vote in favour of a business rescue plan for South African Airways (SAA)…
SAA Restructuring Under the Spotlight
Department of Public Enterprises The public enterprises department has informed the South African Airways Pilots Association (SAAPA) that their proposals on South African Airways (SAA) restructuring cannot be accepted. In…
Revised Business Rescue Plan for SAA Drawn Up
Department of Public Enterprises The public enterprises department has welcomed the publication of a revised Business Rescue Plan for South African Airways (SAA). In a statement, the department also urged…