Corporate Affairs

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    Sars freezes R2.8bn from Chinese rail company that paid Gupta kickbacks

    Days before R1.26-billion in frozen funds was due to be released to Gupta-linked Chinese rail group CRRC, the Gauteng High Court in Pretoria on Tuesday handed down an order that the monies remain frozen until the company provides a bank guarantee for t…

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    Gauteng clearing drivers licence renewal backlog, says Mamabolo

    More than 51 000 people managed to renew their driver’s licences across South Africa’s Gauteng province in November, after a major intervention led by member of the executive council for public transport and roads infrastructure Jacob Mamabolo following an outcry on a massive backlog. Mamabolo expressed satisfaction on how his department, together with the Road Traffic Management Corporation and the Driving License Card Account, had made progress in cutting the backlog.

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    Gauteng clearing drivers licence renewal backlog, says Mamabolo

    More than 51 000 people managed to renew their driver’s licences across South Africa’s Gauteng province in November, after a major intervention led by member of the executive council for public transport and roads infrastructure Jacob Mamabolo following an outcry on a massive backlog. Mamabolo expressed satisfaction on how his department, together with the Road Traffic Management Corporation and the Driving License Card Account, had made progress in cutting the backlog.

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    South Africa offers bankrupt airline’s staff less than legally required

    The Department of Public Enterprises has asked workers at the bankrupt national airline to accept three months’ pay rather than the eight months they are entitled to by labour law and the terms of a business rescue plan, according to a labour union leader. The offer was made at the weekend and will not be accepted “on our watch,” Grant Back, chairman of the South African Airways Pilots Association, said in an interview on Monday. The department paid R1.5-billion to the administrators of the airline last week, but the money can’t be used because the administrators say the conditions imposed breach labour and companies regulation.

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    South Africa offers bankrupt airline’s staff less than legally required

    The Department of Public Enterprises has asked workers at the bankrupt national airline to accept three months’ pay rather than the eight months they are entitled to by labour law and the terms of a business rescue plan, according to a labour union leader. The offer was made at the weekend and will not be accepted “on our watch,” Grant Back, chairman of the South African Airways Pilots Association, said in an interview on Monday. The department paid R1.5-billion to the administrators of the airline last week, but the money can’t be used because the administrators say the conditions imposed breach labour and companies regulation.

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    TMH Africa, UWC ink framework agreement

    Rolling stock manufacturer TMH Africa has signed a framework agreement with global rolling stock manufacturer United Wagon Company (UWC) to jointly supply the African market with freight wagons for narrow-gauge rail lines.

    The framework agreement lay…

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    TMH Africa, UWC ink framework agreement

    Rolling stock manufacturer TMH Africa has signed a framework agreement with global rolling stock manufacturer United Wagon Company (UWC) to jointly supply the African market with freight wagons for narrow-gauge rail lines.

    The framework agreement lay…

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    Cabinet briefed on SAA business rescue, DPE assures on anti-graft actions at airline

    In a statement issued on Friday, the South African Cabinet reported that, at its virtual meeting on Wednesday, it had been briefed on the business rescue plan for State-owned national flag carrier South African Airways (SAA).

    In September the governme…

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    Cabinet briefed on SAA business rescue, DPE assures on anti-graft actions at airline

    In a statement issued on Friday, the South African Cabinet reported that, at its virtual meeting on Wednesday, it had been briefed on the business rescue plan for State-owned national flag carrier South African Airways (SAA).

    In September the governme…

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    Sanral shares details on Eastern Cape road upgrades

    The South African National Roads Agency (Sanral) is planning major road upgrade projects for the King Sabata Dalindyebo (KSD) local municipality, including upgrading and widening of the R61, and upgrading of the N2 from Viedgesville to Mthatha into a dual carriageway.

    Sanral southern region regional manager Mbulelo Peterson said this week that Sanral had initiated a number of key projects over the last ten years in the King Sabata Dalindyebo Municipality, particularly on the N2 and R61 national roads.

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