Unions SAA Victory

Loading player...
Phakamile Hlubi Majola- Numsa Spokesperson talks On Friday the court ruled that retrenchment notices issued to workers at SAA by business rescue practitioners are unlawful and must be withdrawn. This means that SAA and its BRP’s have to go back to the drawing board about the way forward for cutting costs at the cash strapped airline. Unions say they will wait to see the way forward, Numsa in particular says its main focus is to see how quickly government can provide details of the new look airline as per the social compact with the Department of Public enterprises.
11 May 2020 12PM English South Africa Business News · Investing

Other recent episodes

Reading South Africa's Economic Pulse

South Africa's economic activity weakened again in October, but there are emerging signs that pressure on households and businesses may begin to ease. Independent economist Elize Kruger unpacks the latest PayInc Economic Index, the fuel price outlook, consumer behaviour, business confidence and the key economic trends to watch heading into…
11 Nov 12PM 10 min

EasyEquities' Next Growth Chapter

Charles Savage, CEO of Purple Group, joins Kaya Biz following another year of expected double-digit earnings growth. The conversation explores the power of platform scale, the evolution of EasyEquities, the R100 billion client asset milestone, AI, international growth ambitions and the future of retail investing.
11 Nov 12PM 15 min

Dipula Properties Delivers Fy’2026 Distributable Earnings jump of 22%

Dipula Properties delivered earnings growth ahead of guidance while aggressively reshaping its portfolio through acquisitions, disposals and a deeper focus on retail and industrial property. CEO Izak Petersen joins Kaya Biz to discuss the company's expansion strategy, the outlook for listed property, and why convenience retail remains central to its…
11 Nov 12PM 19 min

Premier Bakes H1’2026 Operating Profit Surge Of 52.5%

Premier FMCG reported a strong set of interim results, with earnings growth, expanding margins and early benefits emerging from its acquisition of RFG Holdings. CEO Kobus Gertenbach discusses integration progress, consumer spending trends, commodity price dynamics and how Premier plans to sustain growth as it scales into a larger and…
10 Nov 12PM 16 min

South Africa’s Construction Capacity Question

South Africa is betting heavily on infrastructure to drive economic growth, yet concerns remain about project delays, contractor failures, skills shortages and shrinking industry capacity. We speak to Tshidiso Lekgetho, Acting Registrar of the SACPCMP, about the real state of the construction sector, the importance of professionalisation and accountability, and…
10 Nov 11AM 18 min