SAA

26 Oct 2016

Government’s major explicit contingent liabilities are its guarantees

By Janice Roberts

Government’s major explicit contingent liabilities are its guarantees, which stood at R469.9 billion at the end of 2015/16, according to the Fiscal Risk Statement that was released as part of the Medium Term Budget Policy Statement (MTBPS) today.

22 Sep 2016

Put privatisation back on to the national agenda - IRR

By Janice Roberts

A programme of mass privatisation is necessary to save the South African economy from the corruption and costs associated with state owned companies. Such a programme would also free up significant funds that could be put to work in ensuring socio-economic development. So says the Institute of Race Relations (IRR) in a new policy paper...

09 Sep 2016

Gordhan meets new SAA Board

By Janice Roberts

The Minister of Finance, Pravin Gordhan, today met with the new SAA Board following its approval by Cabinet on 31 August 2016. The purpose of the meeting was to share with the board the status of the airline and government’s expectations of the Board, National Treasury said in a statement.