Corporate Affairs

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    Public Enterprises warns SAA pilots that their business rescue proposals are unaffordable

    The Department of Public Enterprises (DPE) has expressed its appreciation for the cooperation and commitment of the pilots of South African Airways (SAA), expressed through the SAA Pilot’s Association (SAAPA), during the business rescue process for the beleaguered State-owned national flag carrier. The DPE has also “noted” that SAAPA has endorsed the voluntary severance packages (VSPs) that will be offered to each SAA employee should the proposed business rescue plan be approved by the airline’s creditors on July 14. However, the DPE also expressed concern that the SAAPA was seeking benefits for its members that would, in the Department’s words, be “far more costly, more lucrative and financially rewarding for the pilots than any other class of employees at SAA”. The DPE could not agree to the SAAPA’s proposals.

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    Public Enterprises warns SAA pilots that their business rescue proposals are unaffordable

    The Department of Public Enterprises (DPE) has expressed its appreciation for the cooperation and commitment of the pilots of South African Airways (SAA), expressed through the SAA Pilot’s Association (SAAPA), during the business rescue process for the beleaguered State-owned national flag carrier. The DPE has also “noted” that SAAPA has endorsed the voluntary severance packages (VSPs) that will be offered to each SAA employee should the proposed business rescue plan be approved by the airline’s creditors on July 14. However, the DPE also expressed concern that the SAAPA was seeking benefits for its members that would, in the Department’s words, be “far more costly, more lucrative and financially rewarding for the pilots than any other class of employees at SAA”. The DPE could not agree to the SAAPA’s proposals.

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    Sanral says it is obligated to protect the commercial rights of concessionaires

    The South African National Roads Agency Limited (Sanral) says that while it agrees that “it ought to be transparent in its dealings with third parties”, it is also obliged to protect the rights of these parties.  This comes after the Organisation Undoing Tax Abuse (Outa) made a formal request for information in terms of the Promotion of Access to Information Act (PAIA), stating that Sanral had ignored a written request for information on the contract concluded between the State-owned agency and and toll concessionaire N3 Toll Concession (N3TC).

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    Sanral says it is obligated to protect the commercial rights of concessionaires

    The South African National Roads Agency Limited (Sanral) says that while it agrees that “it ought to be transparent in its dealings with third parties”, it is also obliged to protect the rights of these parties.  This comes after the Organisation Undoing Tax Abuse (Outa) made a formal request for information in terms of the Promotion of Access to Information Act (PAIA), stating that Sanral had ignored a written request for information on the contract concluded between the State-owned agency and and toll concessionaire N3 Toll Concession (N3TC).

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    Unions win important Labour Appeal Court victory in SAA retrenchments case

    In a joint statement, the National Union of Metalworkers of South Africa (Numsa) and the South African Cabin Crew Association (Sacca) have welcomed the dismissal, by the Labour Appeal Court, of the appeal by the Business Rescue Practitioners (BRPs) of …

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    Unions win important Labour Appeal Court victory in SAA retrenchments case

    In a joint statement, the National Union of Metalworkers of South Africa (Numsa) and the South African Cabin Crew Association (Sacca) have welcomed the dismissal, by the Labour Appeal Court, of the appeal by the Business Rescue Practitioners (BRPs) of …

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    Unions win important Labour Appeal Court victory in SAA retrenchments case

    In a joint statement, the National Union of Metalworkers of South Africa (Numsa) and the South African Cabin Crew Association (Sacca) have welcomed the dismissal, by the Labour Appeal Court, of the appeal by the Business Rescue Practitioners (BRPs) of …

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    Barloworld to exit logistics, shed 2 500 jobs in auto, logistics unit

    Barloworld will be exiting the logistics sector, says CEO Dominic Sewela. Announcing the company’s financial results for the six months ended March 31, he said that the business had been given a three-year period to turn around, with a decision on its future scheduled for September.

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    Monitor for food and beverage industry launched

    Process automation company Endress + Hauser launched its innovative Liquitrend QMW43 device that helps ensure food safety and increases food quality in March. “This compact multivariable device can be used to detect the continuous build-up of liquids and can also be used to measure conductivity,” says Endress + Hauser Food & Beverage Industry manager Dhiren Naidoo.

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    Drones being used to help governments fight the Covid-19 pandemic

    With the onset of Covid-19, technology has come to the fore, as people have been forced to work from home or increasingly remotely to ensure physical distancing, thereby increasing reliance on remote, and even autonomous, methods of conducting duties, …

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