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Monday, September 21, 2020

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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...

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RSS Tech News

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    One new coronavirus-related death, 27 additional cases reported in Maine  WMTW Portland8th death linked to coronavirus outbreak stemming from Maine wedding, officials say  WCVB BostonMaine CDC reports 44 new cases of coronavirus, no more deaths  Press HeraldMaine CDC reports 44 new cases of coronavirus, no new deaths  WMTW Portland45 new coronavirus cases have been reported in Maine  Bangor Daily NewsView […]