Articles on South African Airways
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Political and social instability in the country, as seen in frequent mass protests and xenophobia, threaten the flow of African tourists.
The aviation industry requires very expensive assets but is sensitive to economic cycles
Alliance between Africa’s two major national airlines may lower costs but competition remains.
The inquiry’s findings could be a defining moment for South Africa, but only if the work of the Commission leads to concrete action and systemic change.
The state capture inquiry shows that South Africa’s parliament needs to urgently end the uncertainty about whether or not shadow directors are governed by the Companies Act.
The South African government is hamstrung by the country’s fiscal and economic situation. And short of ideas about how to get out of it.
President Ramaphosa’s state of the nation speech showed his preference for less contentious matters that attract praise, rather than catalytic decisions.
Ramaphosa is constrained by his tenuous control over South Africa’s governing party, the ANC.
There are lots of burning issues raised by the business rescue that haven’t yet been tested in South Africa. Many will no doubt land in the courts.
There are at least four ways in which directors can be responsible for reckless or fraudulent trading.
Distress is normally identified when a company is no longer profitable, when it’s not a going concern anymore, when it has major problems.
South Africa can’t afford its national airline anymore – nor can it afford to close it down. What’s the next step?
South Africa’s finance minister was honest about the problems facing the country. But he made no real suggestions that the government will start doing things differently.
There is no good case for bailing out South African Airways, it’s simply a matter of avoiding a potentially catastrophic debt default.
South Africa needs to start thinking about life after President Jacob Zuma. Given the damage that he’s done, serious thought should be given to forming a government of national unity.
With stalled economic growth and threats of credit rating downgrade, South Africa’s 2017/18 budget will need to dig deep to foster recovery.















