- South Africa's national carrier, South African Airways (SAA), will lay off 20 percent of its management, sell catering and booking-services units.
The carrier will also terminate its unprofitable or underperforming routes.
SAA management said the move is aimed at turning the carrier into a profitable venture, a key demand of the government. Between a year and 18 months, SAA officials believe the turnaround will earn them a profit of R2.7 billion.
The restructuring involves the unbundling into seven subsidiaries to be housed under an investment holding company.
The national carrier seeks outside partners for its cargo, technical and ground services divisions.
South African Airways has been making news over the months. It is currently inquiry the circumstances that led to the refusal of its flight to crew to return to services with a flight en route JFK international airport to Dakar. This cost the airline dearly as it was forced to provide accommodation for the stranded passengers in the United States.
Sexual harassment or abuse of low-ranking female staff by the managers had also made headlines in Africa’s leader and world’s 10th best airline.
afrol News - It is called "financial inclusion", and it is a key government policy in Rwanda. The goal is that, by 2020, 90 percent of the population is to have and actively use bank accounts. And in only four years, financial inclusion has doubled in Rwanda.
afrol News - The UN's humanitarian agencies now warn about a devastating famine in Sudan and especially in South Sudan, where the situation is said to be "imploding". Relief officials are appealing to donors to urgently fund life-saving activities in the two countries.
afrol News - Fear is spreading all over West Africa after the health ministry in Guinea confirmed the first Ebola outbreak in this part of Africa. According to official numbers, at least 86 are infected and 59 are dead as a result of this very contagious disease.
afrol News - It is already a crime being homosexual in Ethiopia, but parliament is now making sure the anti-gay laws will be applied in practical life. No pardoning of gays will be allowed in future, but activist fear this only is a signal of further repression being prepared.
afrol News / Africa Renewal - Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.
front page
| news
| countries
| archive
| currencies
| news alerts login
| about afrol News
| contact
| advertise
| español