Author Archives: admin

SA Express escapes final liquidation, for the present

Reuters reports that state-owned airline SA Express escaped liquidation on Tuesday, after a judge granted a three-month delay in liquidation proceedings, giving the government more time to clarify its plans for the domestic and regional carrier.   Source: Latest News

Amsa stands by decision to mothball its Saldanha Works

Business Report writes that ArcelorMittal SA (Amsa) is standing by the decision to wind down its Saldanha Works, saying it was unavoidable as rocketing input costs threatened the viability of the entire Amsa South African operation.   Source: Latest News