SAA has confirmed its cancellation of 38 domestic and international flights between OR Tambo International Airport and Cape Town, as well as between Johannesburg and Durban’s King Shaka airports. In a statement, the airline said: “These decisions are in line with SAA’s usual policy of reviewing flights and consolidating services with low demand. Furthermore, during..
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Cash-strapped SAA cancels 38 domestic and international flights
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Cash-strapped Road Accident Fund struggles to pay billions in outstanding debt – This is just another SOE that is collapsing under ANC-regime’s rule
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As thousands of road accident victims are anxiously waiting to be compensated by the cash-strapped Road Accident Fund (RAF) following court orders in their favour, the Gauteng High Court, Pretoria, is expected to soon deal with the fund’s inability to pay up. Hundreds of claimants recently turned to the court where they had obtained an..
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Cash strapped Eskom wants another R27bn from consumers – Could this be the reason why SA is experiencing #Rollingblackouts? To manipulate us into giving them what they want?
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In its latest application to the energy regulator, the power utility is claiming this as an underrecovery for 2018/19, meaning tariffs may rise by 16.6% next year Eskom, which last week again saw a collapse of its power network that led to nationwide load shedding, wants consumers to cough up a further R27 billion for..
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Pravin Gordhan says cash-strapped SAA may have no money for salaries this month
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Minister of Public Enterprises Pravin Gordhan has warned that, while two unions at SAA are demanding salary increases for members, the airline might not even be able to pay any salaries at the end of the month. The minister was speaking at a Parliamentary briefing on Wednesday. The meeting was called for feedback on power..
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Eskom – in return for R59bn bailout from National Treasury, Eskom must recover Soweto, municipal debt
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National Treasury is set to impose 28 conditions on Eskom in return for a R59bn lifeline to keep the cash-strapped power utility afloat and enable it to pay interest on its mounting debt burden. Treasury updated Parliament’s appropriations oversight committee on the conditions attached to an appropriations bill on Wednesday. The bill, which has not..
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Cash-strapped state arms company, Denel failed to supply R250 million worth of military Casspirs to the government of Chad after already receiving R100 million deposit
Cash-strapped SABC to receive yet another government bailout – The National Treasury, has, once again, been persuaded to open its coffers up to the embattled broadcaster
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The South African Broadcasting Corporation (SABC) will receive a much-needed government bailout, after failing to improve its financial position in 2019. Government, by way of the National Treasury, has, once again, been persuaded to open its coffers up to the embattled broadcaster. Telecommunications Minister Stella Ndabeni-Abrahams confirmed that the finance minister was expected to finalise..
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Seems like South-Africa’s Health Department has a major cash flow problem – Several Gauteng Doctors, Medical Interns Not Paid January Salaries
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Eyewitness News spoke to some interns who say that they were told that their January salaries will only be paid on 28 February.
Several Gauteng medical interns and community service doctors have contacted Eyewitness News claiming that they have not been paid their January salaries.
Eyewitness News has seen WhatsApp messages, emails and memos informing the doctors of this decision.
The doctors have been doing their community service at various hospitals in the province.
Eyewitness News spoke to some interns who say that they were told that their January salaries will only be paid on 28 February.
Medical interns at the Charlotte Maxeke Hospital say that they were sent a WhatsApp message a day before payment informing them that due to logistical reasons, payments won’t be made therefore they should make the necessary agreements with their banks.
A memo from Helen Joseph Hospital, seen by Eyewitness News, notifies the doctors that their January payments
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Cash strapped city in KwaZulu-Natal is spending an estimated R20-million on a mansion for its mayor
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The cash-strapped city of Umhlathuze on the KwaZulu-Natal North Coast is spending an estimated R20-million on a mansion for its mayor‚ Mduduzi Gift Mhlongo.