Unions want SAA's Business Rescue Practitioners removed

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Business rescue practitioners in talks with UIF over cash-strapped SAASouth African Airways’ business rescue practitioners have confirmed having talks with the Unemployment Insurance Fund (UIF) “to seek out solutions to alleviating financial challenges to both [SAA] and its employees”. What next. Anything to fund concession tickets for cadres and BEE middlemilkmen. Why shud taxpayers continue bailing out because of the rife corruption. The govt is eventually going to get compliant taxpayers to become non-compliant because there is only so much u can milk the cow. They shud feed the cow before they milk it.
La source: TimesLIVE - 🏆 28. / 59 Lire la suite »

SAA Express ordered to undergo business rescueSA Express has previously argued that there is no case for business rescue. ermbates Can MYANC PresidencyZA also be ordered to undergo business rescue?
La source: eNCA - 🏆 49. / 51 Lire la suite »

SAA eyes UIF R100bn surplus to fund inevitable job cuts | IOL Business ReportSAA business rescue practitioners have approached the Unemployment Insurance Fund (UIF) to discuss the possibility of using the R100 billion surplus that the UIF controls to fund inevitable retrenchments at the troubled state-owned airline. busrep busrep SAA must restructure quickly and sell a stake to Ethiopian Airlines to raise capital... We need bold decision makers... Why drag it when it's inevitable... busrep These uneducated looters will not stop until they steal every possible cent that we have busrep 🤣🤣🤣🤣🤣🤣🤣🤣
La source: IOL - 🏆 46. / 51 Lire la suite »