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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…

SAA Restructuring Plan Under the Spotlight


Department of Public Enterprises The public enterprises department is calling on unions to consult with each other and find a solution to the future of South African Airways (SAA). The…

Restructuring of SAA Under the Spotlight


Department of Public Enterprises The transformation of South African Airways (SAA) into a competitive airline will require sacrifices and a major restructuring. The public enterprises department confirmed this in a…

DPE Withdraws From SAA Leadership Consultative Forum


Department of Public Enterprises The public enterprises department has withdrawn its participation from the Leadership Consultative Forum (LCF). The LCF was set up to facilitate employee engagement towards the development…

Voluntary Severance Packages Offered to SAA Employees


Department of Public Enterprises Final, fair and affordable voluntary severance packages (VSPs) supported by a social plan, which includes a skills development programme, have been offered to South African Airways…

SAA Business Rescue Plan Drawn Up


Department of Public Enterprises Government as the sole shareholder supports the South African Airways (SAA) business rescue plan. The public enterprises department emphasized this in a statement on government’s preliminary…

SCOPA Welcomes Decision on SAA Funding


Parliament The Standing Committee on Public Accounts (SCOPA) has welcomed the decision to turn down the request from South African Airways (SAA) business rescue practitioners for R10 billion in extra…

Special Appropriation Act Signed


The Presidency 22 November 2019 President Ramaphosa has assented to the Special Appropriation Act. The presidency published the act in Government Gazette 42852. Parliament passed the Special Appropriation Bill and…