“Final closure has not been determined. The executives are currently in a 60-day consultation period with representatives of the unions and other employee groups.”“If at all possible, some employees may be able to find roles outside Time Freight within some of its associate businesses.”
“The negative impact that Covid-19 and the lockdown, in whatever form going forward, will have on the future SA economy is also a critical factor in the board and shareholders' view that continuing to fund its turnaround is no longer a viable option.
“Many construction sites have had to close with many projects being put on hold. Some of these projects are key infrastructure and developmental projects that were initiated to stimulate and supplement our regional socio-economic growth and development. The delay will have long-term implications for our local, provincial and national economy,” said Ward.
“Given the inherent complexity of regional and global supply and value chains, an extended lockdown will impact both our manufacturing, transport/logistics sectors and trade.”
not fake news CyrilRamaphosa runs THE BIGGEST IDIOT TEST IN AFRICA called SA - please provide prove that this National Covid 19 Command Council of destruction and Poverty creation is a legal constitutional body, then we will listen ? someones puppet not for the people of SA