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mashudu raphethalatest news & developments
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.
AIRLINE INDUSTRY

SAA business-rescue practitioners offer severance settlement agreement for all staff

Practitioners inform staff that the government’s rejection of R10-billion bailout last week almost guarantees that the prospect of rescue is now impossible

  • Sabelo Skiti
4 min read
Aside from mounting a financial rescue operation at Eskom, the government will give another R1 billion to SAA before the end of the current financial year towards paying off the airline’s historical debt. (Delwyn Verasamy/M&G)
MANGO AIRLINES

SAA to shed 944 jobs but pilots get pay rise totalling R100m

Three unions in the middle of negotiating wage increases say the airline had not told them of its decision to retrench staff

  • Sabelo Skiti
5 min read