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Public Enterprises Minister Pravin Gordhan. (Siphiwe Sibeko/Reuters)
AIR CHEFS

Gordhan steps into SAA crisis, announces a stop to retrenchments

The minister is also expected to announce talks with unions towards a new airline after the shut-down of the cash-strapped national carrier

  • Sabelo Skiti
3 min read
As SAA subsidiaries declare hardship to staff, business-rescue practitioners urge them to sign agreements to save severance payouts. (John McCann/M&G)
AIR CHEFS

SAA rescuers give affected parties two options: Wind down or liquidate

As SAA subsidiaries declare hardship to staff, business-rescue practitioners urge them to sign agreements to save severance payouts

  • Sabelo Skiti
7 min read
(Delwyn Verasamy/M&G)
AIR CHEFS

SAA cancels flights, moves ahead with restructuring

The struggling national carrier’s business rescue practitioners say the move to restructure the airline is a bid to return to profitability and to attract equity partners

  • Thando Maeko
3 min read
In July, the treasury committed to find funding for the state airline’s business rescue plan. (Delwyn Verasamy/M&G)
AIR CHEFS

We haven’t decided on number of Air Chefs layoffs yet ― SAA

​Air Chefs, the catering arm of SAA, has launched a consultation process with unions that may lead to job losses

  • Lameez Omarjee
2 min read
Harith General Partners, one half of the consortium that will take over SAA, has come under scrutiny since the announcement of the national carrier’s new majority shareholder.
AIR CHEFS

Numsa slams SAA-owned Air Chefs for retrenchment notice

Numsa called the action “opportunistic”, as SAA is in the process of implementing its turnaround strategy which affects all companies in the group.

  • Sarah Smit
4 min read