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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

south african airways

4 Results / Page 1 of 1

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South Africa

EFF reiterates call for the privatisation of state-owned entities to be halted

In S.A, the EFF has reiterated its call for the privatisation of state-owned entities to be halted. Since the fifth administration took over in 2019, there have been moves to privatise and unbundle cash-strapped SOEs including Transnet and South African Airways. Addressing Parliament, the EFF's, Omphile Maotwe, says South Africa is currently suffering under economic agenda driven by neoliberalism and austerity, which prioritises private profit over public good:  

todayNovember 15, 2024 10

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Business / Economics

FlySafair launches Cape Town-Windhoek route

South African Civil Aviation Excellence Award winner, FlySafair is set to introduce a new twice-weekly service between Cape Town International Airport in South Africa and Hosea Kutako International Airport, starting on 22 October 2024. Namibia Airports Company Marketing Officer, Dan Kamati has the details.     In addition to FlySafair’s new service, South African Airways is increasing its frequency between Johannesburg and Windhoek. Kamati weighs in on the positive impact […]

todayOctober 14, 2024 44

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South Africa

SA’s Public Enterprises minister Pravin Gordhan has defended the need for confidentiality on the South African Airways-Takatso Consortium deal

SA's Public Enterprises minister Pravin Gordhan has defended the need for confidentiality on the South African Airways-Takatso Consortium deal. Parliament's portfolio committee on Public Enterprises has been in a tussle with the minister over access to a list of documents on the deal. In 2021, Takatso was announced as the preferred equity partner to buy a 51-percent stake in SAA, while the government kept a 49-percent stake. Gordhan says there […]

todayMarch 7, 2024 27

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South Africa

Democratic Alliance in South Africa Raises Concerns Over State-Owned Enterprises’ Financial Woes

The DA in South Africa expresses distress over the financial challenges faced by state-owned enterprises following the National Treasury's release of the third-quarter government expenditure report. Eskom, set for a substantial bailout, reports a significant loss, while municipal debt rises sharply. Troubled entities include the Land Bank, South African Airways, Transnet, and Denel. The DA warns against the ANC's bailout strategy, citing potential threats to fiscal sustainability, essential services, and […]

todayFebruary 15, 2024 30

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