SAA cancelling flights is self-sabotage: SACCA

The South African Cabin Crew Association (SACCA) has described as self-sabotage SAA’s decision to cancel all its domestic, regional and international flights scheduled for Friday and Saturday.

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Ramaphosa confident BRICS countries will overcome challenges

The Business Forum and the Business Council have emerged as central pillars of our BRICS formation. These are the words of President Cyril Ramaphosa who joined his four counterparts at the conclusion of the business segment of this year’s BRICS summit in Brazil.

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SA Express finally tables financial statements

South African Express has finally tabled its financial statements in Parliament. The airline recorded losses to the tune of R590 million for the financial year that ended on the 31st of March 2019.

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Petrol stations on Nigeria’s borders close after fuel delivery ban

Fuel stations along Nigeria’s land borders have closed and prices have spiked after customs authorities banned deliveries of petroleum products to stations within 20 kilometres of the border in an attempt to curb smuggling.

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Restructuring necessary to secure airline’s future: SAA

Embattled state-owned entity South African Airways (SAA) has sought to clarify why it plans to proceed with its restructuring process that will result in job losses.

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Four more companies liquidated to recoup VBS money

Four more companies have been liquidated through the High Court in Pretoria in the ongoing process to recoup money lost by creditors and depositors in the liquidated VBS Mutual Bank.

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Agri-SA appeals for financial aid as drought impacts agricultural sector

Agri-SA says the agricultural sector is facing tough financial times because of the ongoing drought. Farmers are planting less, livestock is dying and jobs are being lost

The post Agri-SA appeals for financial aid as drought impacts agricultural sector appeared first on SABC News – Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..

SAA to negotiate with unions on its restructuring plans

South African Airways (SAA) says it’s about to start talking to unions about its restructuring plans which include cutting more than 900 jobs to stem severe financial losses.

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Planned retrenchments a ploy for workers to drop demands: NUMSA

SAA Flight

Labour union NUMSA says the planned retrenchments of some 944 South African Airways  employees are a ploy by the national carrier to get workers to drop their wage demands.

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