Corporate Affairs
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City of Tshwane cautions of possible suspension to A Re Yeng bus operations ahead of looming …
The City of Tshwane has urged residents to exercise patience as A Re Yeng Bus operations are set to be suspended ahead of a looming strike on Monday. MMC for Roads and Transport, Sheila Senkubuge, in a statement on Sunday, said the city had issued an a…
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City of Tshwane cautions of possible suspension to A Re Yeng bus operations ahead of looming …
The City of Tshwane has urged residents to exercise patience as A Re Yeng Bus operations are set to be suspended ahead of a looming strike on Monday. MMC for Roads and Transport, Sheila Senkubuge, in a statement on Sunday, said the city had issued an a…
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City of Tshwane cautions of possible suspension to A Re Yeng bus operations ahead of looming …
The City of Tshwane has urged residents to exercise patience as A Re Yeng Bus operations are set to be suspended ahead of a looming strike on Monday. MMC for Roads and Transport, Sheila Senkubuge, in a statement on Sunday, said the city had issued an a…
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SAA faces regulator inquiry over sale plan
South African Airways officials will be summoned to a meeting with regulators next month to disclose details about talks with potential equity partners and give assurances that any deal won’t violate foreign-ownership laws. Under the Air Services Licensing Act of 1990, airlines must be at least three-quarters owned by South Africans to operate a domestic service. That would prevent international operators from buying more than a 25% stake from the government, unless the rules are changed.
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SAA faces regulator inquiry over sale plan
South African Airways officials will be summoned to a meeting with regulators next month to disclose details about talks with potential equity partners and give assurances that any deal won’t violate foreign-ownership laws. Under the Air Services Licensing Act of 1990, airlines must be at least three-quarters owned by South Africans to operate a domestic service. That would prevent international operators from buying more than a 25% stake from the government, unless the rules are changed.
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SAA faces regulator inquiry over sale plan
South African Airways officials will be summoned to a meeting with regulators next month to disclose details about talks with potential equity partners and give assurances that any deal won’t violate foreign-ownership laws. Under the Air Services Licensing Act of 1990, airlines must be at least three-quarters owned by South Africans to operate a domestic service. That would prevent international operators from buying more than a 25% stake from the government, unless the rules are changed.
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SAA losing R52m a day as unions and airline remain deadlocked
Unions and flag carrier South African Airways are still deadlocked as a national strike continues. “The unions are still sticking to their guns and we continue to urge unions to approach the situation with open minds,” said SAA spokesperson Tlali Tlali. He said that SAA cannot present anything other than its offer of a 5.9% wage increase. Unions have demanded an 8% increase, together with the insourcing of employees and a promise of no job losses. “We want to channel our energies and focus on getting labour to work with us to find a working solution,” said Tlali. SAA, which is technically insolvent, has said it would apply a “no work no pay” principle to those who participate in the strike.
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SAA losing R52m a day as unions and airline remain deadlocked
Unions and flag carrier South African Airways are still deadlocked as a national strike continues. “The unions are still sticking to their guns and we continue to urge unions to approach the situation with open minds,” said SAA spokesperson Tlali Tlali. He said that SAA cannot present anything other than its offer of a 5.9% wage increase. Unions have demanded an 8% increase, together with the insourcing of employees and a promise of no job losses. “We want to channel our energies and focus on getting labour to work with us to find a working solution,” said Tlali. SAA, which is technically insolvent, has said it would apply a “no work no pay” principle to those who participate in the strike.
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SAA plays hardball as strike starts
South African Airways (SAA) has not increased its wage hike offer to striking unions at the airline, spokesperson Tlali Tlali told Fin24 on Friday morning. The airline, which is technically insolvent, is sticking to its 5.9% offer. The National Union o…
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SAA plays hardball as strike starts
South African Airways (SAA) has not increased its wage hike offer to striking unions at the airline, spokesperson Tlali Tlali told Fin24 on Friday morning. The airline, which is technically insolvent, is sticking to its 5.9% offer. The National Union o…