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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Pravin Gordhan says cash-strapped SAA may have no money for salaries this month
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SAA strike costing R52 million a day and with a bankruptcy record it could mean the end of the entity
More than 3000 workers affiliated with Numsa and Sacca downed tools at SAA on Friday over a wage dispute and plans to cut more than 900 jobs, costing the airline about R52 million a day. The interim chief financial officer of SAA Deon Fredericks, said the strike was pushing the struggling airline to unsustainable levels…
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Warning! SAA Strike will intensify – Talks between National carrier and striking unions collapse
JOHANNESBURG – Talks between South African Airways (SAA) management and striking workers have collapsed. Union leaders briefed the media and workers after the parties met on Saturday in an attempt to resolve the strike which began on Friday. Workers are demanding an 8%wage increase while SAA is offering 5.9%. According to the National Union for..
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‘Mother of all strikes’ ready to paralyze SAA as union hints at ‘total shutdown’ if national carrier cuts a fifth of staff
Numsa and Sacca already have a strike certificate as they accuse management of threatening them with retrenchments and call for the SAA board to be scrapped. As if their financial dire straits and the plan that they would have to retrench about 900 people were not enough, the national carrier South African Airways (SAA) is..
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Rothschilds the new Guptas? – Rothschild family accused of preying on South Africa’s state-owned enterprises
South African unions have joined forces to take on the Rothschild family, which they have accused of being involved in attempts to ‘capture’ the country’s SOEs (State Owned Enterprises). According to the Citizen tabloid, the NUMSA (National Union of Metalworkers of South Africa) and the SACCA (South African Cabin Crew Association) released a joint statement,..
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