“Colleagues, we are still faced with serious operation challenges which have resulted in serious financial and cash flow shortages.”
The shock announcement follows the appointment of Bongisizwe Mpondo as administrator of Prasa in December.after he fired the interim board in an attempt to “bring stability” to the rail entity. Prasa spokesperson Nana Zenani confirmed the veracity of the circular and said that challenges at Prasa had filtered down to the subsidiary.
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Consequences of crooked cadre deployment. Is it difficult to appoint qualified people to run SOE even if they come from outside the ruling party? Yes it is because they won't serve the narrow purpose of politicians who are deeply engrossed with self enrichment 😪
Goes to prove that state owned entities in Africa dont work. How come the private enterprise operating in the same market are thriving? Too much corruption and over staffed.
The reason it's in a mess is that when solutions are offered to CyrilRamaphosa tito_mboweni then Trudi and Malabo refuse to pass on to A1. So the solutions never get thru unless friends of them. Usually bribed
Fake news
Those who ate the money are relaxing in their beautiful homes
People get what they vote for 😮
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Cash-strapped state bus company Autopax only able to pay staff half of their salariesCash-strapped state-owned bus company Autopax will not be able to pay full salaries to its 1,071 staff on Monday, acting CEO Tiro Holele announced on Saturday.
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Cash-strapped state bus company Autopax only able to pay staff half of their salariesCash-strapped state-owned bus company Autopax will not be able to pay full salaries to its 1,071 staff on Monday, acting CEO Tiro Holele announced on Saturday.
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Cash-strapped state bus company Autopax only able to pay staff half of their salaries“On Monday we will unfortunately not be able to meet the full salary obligations for the month of January and have managed through the operation to collect some funds from fare revenue to pay you 50% of what is due.” State owned = thieves, crooks, liars and tossers doing what they do best Just an addition to the already failed state Sell this entity , the buses are not safe, always laying on the road.breakdowns.when last did they purchase new buses
Source: TimesLIVE - 🏆 28. / 59 Read more »
Cash-strapped state bus company Autopax only able to pay staff half of their salaries“On Monday we will unfortunately not be able to meet the full salary obligations for the month of January and have managed through the operation to collect some funds from fare revenue to pay you 50% of what is due.” Imagine getting paid half of your salary in January nogal. The mashonisas are going to be up in arma Msoonery
Source: TimesLIVE - 🏆 28. / 59 Read more »
Cash-strapped SAA employees receive January salariesThe state carrier, which is in business rescue, is still waiting to see if the R2bn promised by the Treasury comes through Is this going to be a monthly headline?
Source: BDliveSA - 🏆 12. / 63 Read more »
Cash-strapped state bus company Autopax only able to pay staff half of their salaries“On Monday we will unfortunately not be able to meet the full salary obligations for the month of January and have managed through the operation to collect some funds from fare revenue to pay you 50% of what is due.” State owned = thieves, crooks, liars and tossers doing what they do best Just an addition to the already failed state Sell this entity , the buses are not safe, always laying on the road.breakdowns.when last did they purchase new buses
Source: TimesLIVE - 🏆 28. / 59 Read more »