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South Africa's national budget requires strategic reform to boost economic growth while maintaining fiscal responsibility. This analysis explores key areas for improvement, from SOE restructuring to infrastructure investment, offering practical solutions for sustainable economic development
"The appointment of Prof John Lamola as South African Airways CEO faces criticism from opposition parties and industry bodies, while supporters defend his credentials and achievements in turning around the national carrier. The debate raises questions about political interference versus recognising local talent in state-owned enterprises
South African Airways' new CEO John Lamola strongly defends his appointment against political deployment allegations, citing his lifelong commitment to serving the country since childhood in Potchefstroom
The Institute of Directors in South Africa warns that political interference in SAA's CEO appointment threatens corporate governance and could destabilise the airline's recovery efforts.
South African Airways marks a pivotal moment in its recovery journey with the appointment of John Lamola as permanent Group CEO. After posting its first profit since 2012 and expanding operations significantly under Lamola's interim leadership, SAA sets course for sustainable growth with full state backing.
IOL has learned that Creecy pushed for Lamola’s candidacy after receiving the backing of the ANC’s deployment committee, despite the fact that Lamola had scored the lowest among the three final candidates.
The incident of a vaping passenger on a South African Airways flight has sparked significant debate about compliance with airline rules and the responsibilities of passengers.
South African Airways marks a significant milestone by expanding its fleet with two new Airbus A320 aircraft, signalling a robust recovery and commitment to enhancing air travel capacity.
Lorna Maseko's new partnership with South African Airways has sparked both praise and criticism from the public.
A new bill proposing to consolidate South Africa's state-owned enterprises under a single holding company has sparked widespread concern among experts. Critics warn the National State Enterprise Bill could facilitate state capture while failing to address fundamental SOE challenges. Key figures from business, labour, and academia highlight risks of reduced accountability and increased political interference
South African Airways confirms its operations remain unaffected by SpaceX rocket re-entry disruptions, while other carriers face delays. ATNS says it's fully prepared to manage such space-related aerial incidents.
Explore how Cyril Ramaphosa’s alliances with Iran, Russia, and China are impacting South Africa’s relationship with the US and the economic consequences for its citizens.
The International Air Transport Association (IATA) said in a statement that production of sustainable aviation fuels was expected to reach 1. 3 billion litres in 2024, more than double the figure for the previous year.
SAA’s interim CEO, John Lamola, said that ongoing discussions will also explore various workplace adjustments aimed at enhancing pilot productivity.
Passengers who feared losing their SAA flight bookings can finally breathe again
South African Airways is offering refunds and rebooking options for passengers affected by a pilot strike over salary disputes
Travellers on South African Airways flights are advised to prepare for potential disruptions due to an upcoming pilots' strike. Flight Centre provides essential tips for managing travel plans during this critical period.
South African Airways pilots are on strike, demanding a wage increase of 15. 7%, while the airline offers only 8. 64%. The ongoing dispute could lead to a complete shutdown of operations.
SAA pilots have initiated a strike demanding a 15. 5% bonus, citing unresolved wage disputes dating back to the Covid-19 pandemic.
No amount of state bail outs, estimated at about R50 billion, could stem its freefall. Covid-19 seemed to mark the final blow. This was a devastating moment for the then 10 000 employees in the SAA Group.
The economists said that the airline has the potential to triple its Gross Value Added to the SA economy in the next five years.
Lamola said the airline’s current strategy was marked by a conservative approach to expansion.
Former SAA Technical chairperson Yakhe Kwinana appeared briefly before the Palm Ridge Specialised Commercial Crimes Court on Tuesday on charges of tender fraud at the national carrier dating back to 2021.
Fraud-accused Yakhe Kwinana, a former SAA board member, has been released on bail.
The interim board said that the total revenue increased by 183%, from R2 billion the prior year, to R5. 7 billion.