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Group Five says investor wants breakup, return of ex-CEO Upton

Jun 23 2017 17:35

Group Five says Allan Gray, has nominated former chief executive officer Mike Upton to the board as a non-executive director and has proposed that the South African construction and engineering company be broken up.


South Ocean to pay R13m penalty

Jun 22 2017 19:16

Power cable supplier South Ocean Holdings agreed to a R13m penalty relating to price fixing and collusive tendering.


Volkswagen workers strike as economic model buckles

Jun 20 2017 15:07

Workers at Volkswagen’s Slovak unit has begun an indefinite strike over wages, underscoring the risk of a skilled-labour shortage as unemployment plumbs record lows.


SAA optimistic about loan obligations - CEO

Jun 19 2017 19:33

SAA says it has made significant headway in putting together a comprehensive and robust business plan aimed at addressing current and long-term challenges.


African aviation forum seeks new perspectives

Jun 19 2017 18:27

AviaDev, a dedicated aviation route development forum for Africa, has unveiled its agenda for 2017 with the aim of “inspiring a fresh perspective”.


Myeni 'profoundly misleading' on Airbus deal – commission

Jun 19 2017 18:35

The Companies Tribunal has heard that SAA board chairperson Dudu Myeni knowingly misled the public enterprise ministry and shareholders on the Airbus deal.


SAA Airbus deal: 'Myeni made a simple mistake'

Jun 19 2017 13:46

The Companies Tribunal has heard that SAA board chair Dudu Myeni made a simple mistake when she signed off an airbus deal for two aircraft instead of 10.


Boeing, Airbus take dogfight to Paris Air Show

Jun 18 2017 13:45

The aircraft industry descends on Paris for the world's biggest airshow, a prime battleground for bitter rivals Boeing and Airbus.


Fresh leaders join SAA as embattled airline edges towards new era

Jun 15 2017 15:36

Two new non-executive directors have been appointed to the embattled SAA, while a chief executive will be recommended to Cabinet for approval in the coming weeks.



Comair cautions about earnings per share

Jun 15 2017 11:48

The company expects earnings per share and headline earnings per share to be at least 20% higher relative to the prior comparative period.

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