SAA will not be paying staff salaries on time | IOL Business Report

  • 📰 IOL
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

SAA is running out of cash because of the week-long strike over wages and job cuts.

JOHANNESBURG - Acting CEO of strike-hit South African Airways , Zuks Ramasia has stated that the state-owned airline will not be able to pay some staff salaries on time for the month of November. Ramasia said in a statement that the airline would not be able to fulfill salary payments to employees on the scheduled date.

Ramasia said that SAA could not achieve the above mentioned conditions because of the current negative sentiment which surrounds the airline currently, as well as operational challenges.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 46. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Solidarity brings business rescue application to SAA | IOL Business ReportSolidarity has revived its plans against the South African Airways (SAA) by announcing that it is bringing an application to place the cash-strapped airline into business rescue. busrep
출처: IOL - 🏆 46. / 51 더 많은 것을 읽으십시오 »

SAA turbulence may just sink the state-owned airline's liquidity | IOL Business ReportSA Airways chairperson of the board implementation committee Martin Kingston warned that the embattled airline’s liquidity was on the brink of collapse. busrep
출처: IOL - 🏆 46. / 51 더 많은 것을 읽으십시오 »

Pravin Gordhan says there’s no money for SAA wage demand | IOL Business ReportPublic Enterprises Minister Pravin Gordhan has washed his hands of strike-ridden SAA, telling the national carrier and unions that the government could not afford the unions’ wage demand, as it had no additional funding. busrep
출처: IOL - 🏆 46. / 51 더 많은 것을 읽으십시오 »

Reserve Bank likely to keep interest rates steady for consumers' benefit | IOL Business ReportLow inflation is set to benefit consumers this festive season as the South African Reserve Bank looks set to leave interest rates unchanged at its final meeting for the year. busrep
출처: IOL - 🏆 46. / 51 더 많은 것을 읽으십시오 »

AG says new accounting measure caught R2.81bn in irregular expenditure | IOL Business ReportR2.2bn was incurred by Prasa, confirming the reported losses the agency suffered as a result of irregularities in its purchase of new locomotives.
출처: IOL - 🏆 46. / 51 더 많은 것을 읽으십시오 »

VPN or Virtual Private Networks: What businesses need to know | IOL Business ReportThe advantages of VPNs include simplicity of construction, the ability to connect multiple users across the globe and the security of data transfer.
출처: IOL - 🏆 46. / 51 더 많은 것을 읽으십시오 »