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Gallo Images/Jacques Stander NUMSA and SACCA want payment to their SAA members made within seven days, if their application is granted. The two unions claim, government has continuously expressed a commitment to making such funding available. The DPE did not anticipate the rescue process would drag on for so long and claim there simply is no extra money to pay more than 3-months of backpay. An urgent application by the National Union of Metalworkers of South Africa (NUMSA) and the SA Cabin Crew Association (SACCA) to the Labour Court in Johannesburg on Thursday to have a deal regarding backpa...

The Department of Public Enterprises, the sole shareholder of SAA, told Business Maverick that the airline’s business rescue practitioners would receive the R7.7-billion in “early February 2021”.  Without the full bailout amount, the SAA business rescue process has stalled for months because the rescue practitioners have not been able to pay all creditors, that are owed billions of rand by the airline. Also complicating the SAA rescue process is that the rescue practitioners, Siviwe Dongwana and Les Matuson, have been left in the dark by the government about when the remaining funding...

MONEYWEB app instead? Employees signed VSP agreements in August 2020. 17:02  Image: Guillem Sartorio, Bloomberg South African Airways (SAA) employees who applied for voluntary severance packages (VSP) can expect to receive their funds by the end of January, according to unions at the airline. The National Transport Movement (NTM) and South African Transport & Allied Workers’ Union (Satawu) have told their members that the R10.5 billion required to fund the SAA business rescue plan and to pay for the VSP has now been made available to the airline’s rescue practitioners from the Dep...

SAA unions want salaries to be paid within seven days Thando Maeko Picture: Neil McCartney The two unions have suggested that the outstanding balance of five months’ pay be delayed to later in 2021 or that the money owed to employees be turned into equity. Workers at South African Airways (SAA) have not been paid since March 2020, meaning that by the end of this month they wil...

Silas Stein/picture alliance via Getty Images Unions NUMSA and the SACCA intend to make an urgent application to the Labour Court regarding members' backpay from SAA. The unions want payment to their SAA members made within seven days The rescue practitioners stopped paying SAA salaries in May when they effectively "mothballed" the airline. The National Union of Metalworkers of South Africa (NUMSA) and the SA Cabin Crew Association (SACCA) intend to make an urgent application to the Labour Court in Johannesburg on 28 January to have a deal regarding backpay of members of South African Airways...