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WATCH: Is SAA’s new business rescue plan ready for takeoff?

Acting director-general in the public enterprises department Kgathatso Tlhakudi talks to Business Day TV about SAA’s revised severance offer

Picture:BLOOMBERG/WALDO SWEIGERS
Picture:BLOOMBERG/WALDO SWEIGERS

SAA’s business rescue practitioners have sweetened the deal for unions. A revised voluntary severance package offer has been accepted by most unions with the promise of retaining an extra 1000 workers on a training layoff scheme to help launch a new airline.

Business Day TV spoke to acting director-general in the public enterprises department Kgathatso Tlhakudi for more on how that will affects the business rescue process.

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