has threatened to block Comair’s application to go into business rescue.
On Thursday, Uasa said it is ready to serve court papers to block Comair’s business rescue application, “as there was no proper consultation with us or other unions or the employees themselves”. Comair, which suffered its first annual loss in its 73-year history in the 2019 fiscal year, was already reeling from rising costs when President Cyril Ramaphosa imposed the 21-day lockdown at the end of March, which was expended to the end of April.
Comair “seemingly wants to run section 189 notices and its business rescue plan concurrently, as the airline has not cancelled the retrenchment process yet with the Council for Conciliation, Mediation and Arbitration ” said Uasa.
Is the union in this country, on this planet? do they see what is happening worldwide? all the businesses are collapsing including airlines. you cannot draw from a resource if there is no resource
An old African proverb says if you carry the egg basket do not dance. You should have listened.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: TheCitizen_News - 🏆 6. / 75 Read more »
SAA business rescue has achieved nothing, says GordhanPublic enterprises minister says with R5.5bn spent since December there has been no demonstrable progress So it was just a dummy sold to all who dare to care about the plight of workers? Surprised. Not. ANC including their president are sll political cheaters
Source: BDliveSA - 🏆 12. / 63 Read more »
Covid-19 stalls Group Five’s business rescueConstruction workers cannot return to work under level 4 restrictions
Source: BDliveSA - 🏆 12. / 63 Read more »