SAA to pay 50% of salaries

Business Day reports that employees at troubled state airline SAA will be paid 50% of their November salary and 13th cheque on Wednesday, the company said in a notice. The company intends to pay the balance of the salaries on Monday.

“As at the issuing of this communication, the necessary funding to enable SAA to pay salaries has not been finalised. However, SAA understands that employees have to fulfil their financial commitments. In the interim, our cash position has improved so we can pay the salaries as indicated,” said the notice.

by Carol Paton

Releated

Informal traders allowed to resume business

SABC News reports that government has relaxed some lockdown regulations, such as the re-opening of spaza shops, including informal food traders. Close relatives of deceased persons are now also allowed to travel between provinces to attend funerals. Night vigils are still not permitted. No more than 50 people are allowed to attend a funeral. This […]

Minister Patel signs new regulations, establishes toll-free hotline to report hike prices

SABC News writes that Trade and Industry Minister, Ebrahim Patel, says a toll-free hotline has been established to report individuals or companies that hike the prices of products such as facemasks, gloves and hand sanitisers amid the coronavirus outbreak. The Competition Commission is investigating 11 companies for heavily increasing the prices of items. President Cyril […]