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Tuesday, September 29, 2020

2013 Publications

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Government hires RMB to advise on possible SAA stake sale

Government hires RMB to advise on possible SAA stake sale

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South Africa’s Rand Merchant Bank, the investment banking arm of FirstRand Ltd., has been appointed as an adviser to help the government assess offers for stakes in its insolvent national airline, according to two...
What the new SAA will look like

What the new SAA will look like

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The Department of Public Enterprises (DPE) says it’s working with other stakeholders to finalise the business rescue plan for South African Airways.To complete the process, the DPE said it is overseeing four phases, including:...
Planes at OR Tambo forced to perform landings

Planes at OR Tambo forced to perform landings without essential guidance system

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Pilots landing at OR Tambo International Airport may be forced to do so without an essential ground-based system used to guide planes safely towards the ground in low visibility.This is according to a notice...
SAA business rescue stalls due to funding problems

SAA business rescue stalls due to funding problems

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The planned business rescue of South African Airways is in limbo because government attempts to raise R5.3 billion of immediate funding from commercial banks failed to elicit a response, a person familiar with the...
Peugeot 108

The safest cars under R200,000 in South Africa

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The Peugeot 108 is the safest affordable car in South Africa, according to the AA’s 2020 Entry-Level Vehicle Safety Report (ELVS).The report, which assesses the safety levels on entry-level vehicles in South Africa, found...
New SAA will prioritise equal employment over experience for pilots

New SAA will prioritise equal employment over experience for pilots

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Equal employment will be more important than seniority for determining which pilots will be retained at the “new SAA”.This is according to a report from Rapport, which noted that this proposal was contained in a...
People want e-tolls to be scrapped

People want e-tolls to be scrapped

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The Gauteng government recently said it is confident that e-tolls will soon be no more.“I have been assured by President Cyril Ramaphosa that a lasting solution has been found and an announcement by the...
SAA rescue plan finally approved

SAA rescue plan finally approved

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The business rescue plan for SAA has finally been approved after all conditions on which it rested were met on Monday.Rescue practitioners Les Matuson and Siviwe Dongwana informed creditors of the development yesterday, saying...
SAA administrators confirm business rescue will proceed

SAA administrators confirm business rescue will proceed

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The administrators of South African Airways (SAA) said conditions for a business rescue have been met.The administrators commented in a notice to interested parties.The Department of Public Enterprises (DPE) announced earlier this month that the National...
streetpole cameras-Vumacam-domes-header

How these street pole cameras are catching criminals across Joburg

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Vumacam’s network of pole-mounted street cameras has been very successful in helping law enforcement and security fight crime, the company told MyBroadband.Vumacam cameras have been rolled out to various areas in Johannesburg, where they...
SAA-South African banks

South African banks want their money back from SAA

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South African banks have insisted on assurance from the government that the billions of rand they have lent to South African Airways (SAA) will be paid back, according to report by the City Press.The bankrupt...
The unbearable hypocrisy of government’s soft-touch approach to taxis

The unbearable hypocrisy of government’s soft-touch approach to taxis

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The decision to allow this form of transport to go back to 100% passenger capacity is reckless and misguided, given the clear evidence that close contact with infected people for long periods spreads the...
Ethiopian cargo plane goes up in flames in China

Ethiopian cargo plane goes up in flames in China

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An Ethiopian Airlines plane was damaged in a fire accident in China on Wednesday, local media reported. A Boeing 777 ET-ARH cargo plane caught fire at the Shanghai Pudong International Airport in the afternoon...

Bio-hazard warning after truck carrying Covid-19 samples hijacked in Port Elizabeth

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A courier truck carrying Covid-19 specimens was hijacked in Port Elizabeth in the Eastern Cape on Monday - and the samples are missing.The National Health Laboratory Services has warned the robbers and the public...
Expired car licences under lockdown – New extensions and where to renew

Expired car licences under lockdown – New extensions and where to renew

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The Department of Transport recently announced that the validity period for car licences that expired during lockdown has been extended to the end of November.This means that South Africans will not be required to leave the...
Bolt launches cheaper ride-hailing service in South Africa

Bolt launches cheaper ride-hailing service in South Africa

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Bolt has launched a cheaper version of its ride-hailing platform in South Africa called Bolt Go.The company said it aims for Bolt Go to be the cheapest ride-hailing service in South Africa, with fares...

3 more South African airports to reopen

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Airports Company South Africa (ACSA) has announced that three more airports will open for business travel from Tuesday 21 July 2020.ACSA spokesperson Senzeni Ndebele said that reconnecting regional centres through air links is an...
DA lodges court bid to block emergency funds for SAA

DA lodges court bid to block emergency funds for SAA

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Tito Mboweni did not respond to a letter asking that he confirm that he will not invoke a section of the PFMA that allows him to use his emergency powers to transfer funds to...
Expired car & drivers licences renewal extended by another three months-Licence-Disc

Expired car & drivers licences renewal extended by another three months

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Motorists now have a further three months to renew car and driving licences that expired during the hard lockdown.The validity period of vehicle licences that expired during the lockdown has been extended by another three months,...
-South Africa to get a new tech-driven low-cost airline-Gidon Novick

South Africa to get a new tech-driven low-cost airline – Details

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Kulula founder and former Comair CEO Gidon Novick recently revealed his plans to launch a <a href="https://mybroadband.co.za/news/motoring/357845-new-low-cost-airline-for-south-africa.html">new low-cost domestic airline in South Africa which focuses on efficiency.This may be seen as a strange decision, as the...
Powerships are ready to stop load-shedding in South Africa

Powerships are ready to stop load-shedding in South Africa

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Karpowership South Africa spokesperson Patrick O’Driscall say they can supply enough electricity to stop most load-shedding – and do it at a lower cost than Eskom.Karpowership South Africa is a subsidiary of Karadeniz Holding...
Tourism and aviation- In desperate need of a kickstart

Tourism and aviation: In desperate need of a kickstart

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Richard Holmes gets to the bottom of a potential way to help the ravaged tourism and aviation industries, post-Covid-19As the lockdown slowly eases its grip on SA’s tourism industry, all eyes are on the...
Acting CEO appointed for “the New SAA”

Acting CEO appointed for “the New SAA”

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South African Airways (SAA)’s current chief commercial officer Philip Saunders has been appointed as the acting chief executive of the airline which will come out of the SAA rescue process.The Department of Public Enterprises...
Nissan unveils new logo

Nissan unveils new logo

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Nissan has revealed its redesigned logo, which it says has been updated for the modern world while remaining connected to the company’s heritage.“The company name remains at the centre of the logo, communicating an...
Smaller creditors not happy as vote on SAA rescue deal looms

Smaller creditors not happy as vote on SAA rescue deal looms

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Even if all creditors vote in favour of a revised business rescue plan it is still unclear where the funding for its implementation will come from.  All eyes in the aviation sector will be on...

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