Browsing: SAA

Telkom on Thursday withdrew a cautionary announcement it had issued in late August over speculation that government could sell its 39.3% stake in the company to bail out South African Airways. The telecommunications operator’s

National treasury is pressuring the continent’s biggest money manager to provide as much as R100bn to fund struggling state companies, according to two people with knowledge of the situation. The Public Investment Corp, which

The revelation on Wednesday that finance minister Malusi Gigaba is considering selling a big chunk or possibly even all of government’s 39.3% in Telkom, at face value, is fantastic news. There is absolutely no reason for government

Vuyani Jarana is leaving Vodacom to take the reins at troubled state-owned airline South African Airways. Jarana, who has headed Vodacom enterprise business since 2012, will take the helm at the national carrier

South African Airways has identified Vodacom Group executive Vuyani Jarana as the leading candidate to become the struggling state-owned carrier’s first permanent CEO since November 2015, according to three people familiar with