[ad_1] The Department of Public Enterprises said it received 20 expressions of interest from private sector donors, private equity investors and partners for a restructured SAA. JOHANNESBURG – The Department of Public Companies said it will continue to assess the interest of private sector companies in forming a restructured South …
Read More »US Supreme Court Justice Ginsburg dies at 87
[ad_1] A pioneering women’s rights attorney before joining the court in 1993, Ginsburg emerged as an unlikely pop icon in recent years. FILE: Supreme Court Justice Ruth Bader Ginsburg underwent surgery to remove two cancerous nodules from her left lung. US Supreme Court Justice Ruth Bader Ginsburg speaks at the …
Read More »Covid-19 Statistics, SAA Gets R10.5bn Ransom and Activities That Are Banned at Level 1 – The Citizen
[ad_1] Click the links below for the full story or visit our homepage for the latest news: Covid-19 daily update: the number of tests performed exceeds four million Source: Department of Health. As of Friday, South Africa has registered a total of 657,627 Covid-19 cases, with 2,055 new cases identified. …
Read More »Dlamini-Zuma Recovery Plan for South Africa’s Distressed Municipalities Risky, DA Warns
[ad_1] The Minister of Cooperative Governance and Traditional Affairs, Nkosazana Dlamini-Zuma, addressed the media about the closure regulations. Cogta Minister Nkosazana Dlamini-Zuma says the successes and failures of the government’s district development model cannot be determined yet. The cabinet approved the district development model in August 2019 and it was …
Read More »SAA will not be liquidated: government
[ad_1] The Department of Public Enterprises (DPE) has confirmed that the government will change funding priorities to finalize the restructuring of South African Airways (SAA) and the implementation of the airline’s business rescue plan. An announcement to that effect will be made in the Adjustment Appropriation Bill, which will soon …
Read More »Comair will delist from the JSE when a business rescue plan is adopted
[ad_1] The embattled aviation group Comair confirmed on Friday that the “vast majority” of its creditors and shareholders have voted to adopt its corporate rescue plan. This will see the group receive a new cash injection of R500 million and go back on the air in December, however, it means …
Read More »SARB keeps rates stable, predicts higher GDP contribution for 2020 …
[ad_1] Lesetja Kganyago, Governor of the Reserve Bank of South Africa. (Photo: Waldo Swiegers / Bloomberg via Getty Images) The Monetary Policy Committee of the Reserve Bank of South Africa held its key loan or buyback rate stable at 3.5% as expected and now sees a greater contraction in GDP …
Read More »Dlamini-Zuma: Masks are a matter of life and death as South Africa’s borders open
[ad_1] Minister of Cooperative Governance and Traditional Affairs Dr. Nkosazana Dlamini-Zuma Minister Nkosazana Dlamini-Zuma said travel from other African countries would be allowed for business and tourism. He said other international travel will be subject to a schedule depending on how high the infections are in each country. He urged …
Read More »‘His life was so great’
[ad_1] President Cyril Ramaphosa delivers a eulogy at the special official funeral of human rights lawyer and social activist George Bizos, held at the Greek Orthodox Church in Johannesburg. (Photo: Elmond Njiyane GCIS) Human rights lawyer George Bizos was laid to rest at a special official funeral at the Greek …
Read More »The government commits to provide SAA R10.5bn
[ad_1] By Staff Reporter 12h ago Share this article: SharecheepShareShareShareE-mailShare JOHANNESBURG – The South African government has told South African Airways (SAA) administrators that there is a “clear cabinet commitment” to provide the state airline with R10.5 billion ($ 650.7 million) of funding, said one of the administrators on Friday. …
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