JOHANNESBURG - The National Union of Metalworkers of South African and the South African Cabin Crew Association said they had lost faith in the Department of Public Enterprises, accusing it of sanctioning a business rescue plan for troubled national carrier SAA which would lead to 3 700 job losses.
In its preliminary response, the department of public enterprises said it was concerned that the plan might not be adequate, adding that the government would support a proposal which resulted in a viable, sustainable and competitive airline that provided integrated domestic, regional and international flight services.
The unions said it would never have been necessary to place SAA under business rescue had the government acted with integrity and competence in its management of it and other struggling state-owned enterprises.
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.
SAA business rescue practitioners project 1 000 employees will be retainedBusiness rescue practitioners at SAA want the government to fund an initial working capital of no less than R2.8bn to rehabilitate the carrier. busrep so what, it is only so rich politicians can sit on their A holes and fly for FREE, State Capture was the baby THE PARENTS ARRIVED x 10 = A N Covid 19 looters and that’s how PresidencyZA and goons are fighting to keep their knees on citizens neck, , all in the name of covid 19 busrep I’m at a point that I think those BRP are useless. They are just incompetent nje. I would have done a better job. busrep Rather build houses and support the poor communities in the country!
Source: IOL - 🏆 46. / 51 Read more »
Source: dailymaverick - 🏆 3. / 84 Read more »