Scribd Logo
Upload

Welcome to Scribd!

  • 239 views

    DA Worried Over SAA, UIF Discussions

    Uploaded by

    Jacaranda FM News
    The Democratic Alliance (DA) has expressed concern over the discussions between South African Airways (SAA) and the Unemployment Insurance Fund (UIF).

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    DA Worried Over SAA, UIF Discussions

    Uploaded by

    Jacaranda FM News
    239 views1 page
    The Democratic Alliance (DA) has expressed concern over the discussions between South African Airways (SAA) and the Unemployment Insurance Fund (UIF).

    Original Title

    DA worried over SAA, UIF discussions

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The Democratic Alliance (DA) has expressed concern over the discussions between South African Airways (SAA) and the Unemployment Insurance Fund (UIF).

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    239 views1 page

    DA Worried Over SAA, UIF Discussions

    Uploaded by

    Jacaranda FM News
    The Democratic Alliance (DA) has expressed concern over the discussions between South African Airways (SAA) and the Unemployment Insurance Fund (UIF).

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    South African Airways

    Chairperson of the Board (Acting)

    Ms TN Mgoduso

    Airways Park, Jones Road


    OR Tambo International Airport
    Johannesburg, South Africa.

    Private Bag X13


    OR Tambo International Airport, 1627

    Tel: +2711-978-2763
    Fax: +2711-978-6055

    Email: Chairperson@flysaa.com

    04 February 2020

    The Standing Committee of Public Accounts

    Parliament of the Republic of South Africa

    Attention: Mr R A Lees

    Dear Sir

    RE: SOUTH AFRICAN AIRWAYS (UNDER BUSINESS RESCUE) AND REPORTED UNEMPLOYMENT
    INSURANCE FUND BAILOUTS

    1. We refer you to your letter dated the 31st January 2020 and advise that the Business Rescue
    Practitioners have had discussions with the Unemployment Insurance Fund (UIF) and will continue to
    have discussions with other parties to seek out solutions to alleviating the financial challenges to both
    South African Airways (“SAA”) and its employees that may result from retrenchments during the
    Business Rescue Proceedings.

    2. Accordingly, at this stage no agreement whatsoever has been concluded with the UIF to make any funds
    available for the retrenchment of any SAA employees.

    Yours faithfully

    ______________________ ____________________________
    Leslie Matuson Siviwe Dongwana

    Directors

    TN Mgoduso (Interim Executive Chairperson), ZM Ramasia (Acting Chief Executive Officer), DJ Fredericks (Interim Chief Financial Officer), AH Moosa*
    (Independent Lead Director), AI Bassa*, ML Kingston*1, HP Maluleka*, G Rothschild*, MP Tshisevhe*

    *Non-Executive Director
    1
    British Citizen

    Company Secretary – RN Kibuuka

    South African Airways SOC Ltd Reg. No. 1997/022444/30

    You might also like

    pFad - Phonifier reborn

    Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

    Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


    Alternative Proxies:

    Alternative Proxy

    pFad Proxy

    pFad v3 Proxy

    pFad v4 Proxy