Labour Court Hands Down New Judgment on Business Rescue
ENSafrica, February 2021
The South African Airways (“SAA”) saga continues, with another Labour Court judgment handed down on 8 February 2021. Given the financially parlous position that SAA has been in, even throughout its business rescue proceedings, the Department of Public Enterprises (“DPE”), SAA’s sole shareholder and sole lender, offered SAA employees a salary settlement agreement...
© ENSafrica, 2021