Corporate Affairs

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    SAA denies maintenance division uses fake parts when servicing aircraft

    South African Airways (SAA) on Thursday denied that the airline’s maintenance division SAA Technical (SAAT) used fake parts when servicing aircraft belonging to SAA subsidiary Mango Airlines, or any of the other airlines it services. The statement follows a Sunday Times story headlined “Jet scare highlights criminals in the SAA workshop.”

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    SAA denies maintenance division uses fake parts when servicing aircraft

    South African Airways (SAA) on Thursday denied that the airline’s maintenance division SAA Technical (SAAT) used fake parts when servicing aircraft belonging to SAA subsidiary Mango Airlines, or any of the other airlines it services. The statement follows a Sunday Times story headlined “Jet scare highlights criminals in the SAA workshop.”

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    Equites’ distributable earnings rise in interim period

    Real estate investment trust (Reit) Equites Property Fund achieved a 31.1% year-on-year increase in distributable earnings for the six months ended August 31. On a per-share basis, dividends increased by 9.3% to 74.43c, compared with 68.12c in the prio…

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    Equites’ distributable earnings rise in interim period

    Real estate investment trust (Reit) Equites Property Fund achieved a 31.1% year-on-year increase in distributable earnings for the six months ended August 31. On a per-share basis, dividends increased by 9.3% to 74.43c, compared with 68.12c in the prio…

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    South32′s Fraser stresses importance of reliable, competitively priced electricity

    An overarching challenge to businesses of all sizes in South Africa, is the lack of reliable and competitive power, says South32 COO Mike Fraser. The reliable and competitive supply of power, he adds, “is critical” to the country’s future industrial growth and the creation of jobs.

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    South32′s Fraser stresses importance of reliable, competitively priced electricity

    An overarching challenge to businesses of all sizes in South Africa, is the lack of reliable and competitive power, says South32 COO Mike Fraser. The reliable and competitive supply of power, he adds, “is critical” to the country’s future industrial growth and the creation of jobs.

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    SAA board disappointed at pilots’ association statement

    The board of South African Airways (SAA) on Monday voiced its disappointment over a statement issued by the South African Airways Pilots’ Association (SAAPA) last week, calling for changes in the leadership of  the airline. SAAPA last week warned that its members would consider embarking on industrial action if its demands were not met. The association had, in August, demanded that SAA appoint a permanent CEO within 90 days, besides others.

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    SAA board disappointed at pilots’ association statement

    The board of South African Airways (SAA) on Monday voiced its disappointment over a statement issued by the South African Airways Pilots’ Association (SAAPA) last week, calling for changes in the leadership of  the airline. SAAPA last week warned that its members would consider embarking on industrial action if its demands were not met. The association had, in August, demanded that SAA appoint a permanent CEO within 90 days, besides others.

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    TFR to start yearly iron-ore line shutdown on September 26

    The yearly shutdown of State-owned Transnet Freight Rail’s iron-ore rail line is planned to start on September 26 and end on October 5. The maintenance window presents an opportunity for the entity to catch up on maintenance backlogs, such as replacing old and obsolete infrastructure, while accelerating the major capital expansions in line with the expected volume growth on the iron-ore line.

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    TFR to start yearly iron-ore line shutdown on September 26

    The yearly shutdown of State-owned Transnet Freight Rail’s iron-ore rail line is planned to start on September 26 and end on October 5. The maintenance window presents an opportunity for the entity to catch up on maintenance backlogs, such as replacing old and obsolete infrastructure, while accelerating the major capital expansions in line with the expected volume growth on the iron-ore line.

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