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Numsa, employees say Pravin Gordhan sabotaged SA Express business rescue practitioners
By James Mahlokwane
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Pretoria - Minister of Public Enterprise Pravin Gordhan and his senior officials have been accused of sabotaging the SA Express business rescue practitioners, making it impossible to turn things around and prevent the liquidation that cost scores of employees their jobs.
This is according to the airlineâs employees and the National Union of Metalworkers of South Africa (Numsa), which came across a 2020 report detailing how business rescue practitioners Phahlani Mkhombo and Daniel Terblanche had no joy trying to work with the department to save the airline.
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Rebuilding confidence and showing travelers it is safe to fly, is critical if the battered aviation industry is to regain its place in the world economy after a devastating 2020.
But there is already an abundance of green shoots forming after Covid-19 brought the industry to its knees mid-2020, Aviation Co-ordination Services (ACS) CEO Duke Phahla believes. And the vision of a trusted vaccine in 2021 fills him with hope that the darkest days in the industry now belong to the past.
“We need to have hope, and to provide confidence to win back the masses,” he said. “And already unique opportunities are forming with new players such as LIFT entering the market. Novel technologies in areas such as the self-service kiosk are also emerging from the ashes, keeping our system up-time, in check and ensuring travelers that they will travel with ease in the future. Some airlines have also emerged stro
2021-02-10 13:56:04 GMT2021-02-10 21:56:04(Beijing Time) Xinhua English
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WINDHOEK, Feb. 10 (Xinhua) Namibia s Airports Company (NAC) plans to invest over 1.3 billion Namibia dollars (88 million U.S. dollars) in infrastructure development across all eight airports within the next five years aimed at improving compliance efficiency and revenue generation, an executive said Wednesday.
Immediate interventions include 250 million Namibia dollars for terminal congestion at the Hosea Kutako International Airport (HKIA), the country s flagship airport, and 20 million for the Eros airport runway holding action, said NAC CEO Bisey Uirab during a stakeholders visit at the HKIA. Part of the current upgrades at HKIA which commenced in 2019, will be finished by the end of March, while the other phase will conclude end of June, said Uirab, noting the upgrades have since doubled the airport s passenger handling capacity to deal with the serious congestion, and the
Nedbank took R191m to be a âcardboard cutoutâ, and paid eye-watering commissions â report Business Insider SA
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Nedbank took a R191 million fee to act as a cardboard cutout in back-to-back interest-swap deals at Transnet, the amaBhungane investigative journalism centre says.
The bank on Monday told staff it had acted within the law, and had never found any corruption while looking into transactions with state and city entities.
But the report paints an unflattering picture of a bank that took huge profits on suspect deals, legal or not.
On Monday Nedbank told staff and customers it had “noted” an article by the amaBhungane Centre for Investigative Journalism that links it to the extraction of hundreds of millions of rands from state-owned entities during the period of state capture.