BL Premium reports that a draft business rescue plan for SAA circulated to affected parties at the weekend advises that it will take some R21bn to settle all the obligations of the old SA Airways (SAA) and capitalise a new state-owned airline.   Source: Latest News

Business Times reports that an ANC document on economic reconstruction proposes the use of private pension savings and direct financial interventions by the Public Investment Corp (PIC) and the Reserve Bank to “fund long-term infrastructure and capital projects” to help revive the economy after the Covid-19 crisis.   Source: Latest News

Moneyweb reports that the Unemployment Fund (UIF) has advised employers to select having the Covid-19 Ters (temporary employer/employee relief scheme) benefit paid directly into employees’ bank accounts to fast-track these payments.   Source: Latest News

Moneyweb reports that Peter Moyo lost out on R68.4 million in share options when his employment at Old Mutual was controversially terminated last year over an irreconcilable conflict of interest.   Source: Latest News

BusinessLive reports that Department of Basic Education (DBE) Minister Angie Motshekga has shifted the blame to the provinces for the shambles created by her department’s decision to postpone the reopening of schools to next Monday.   Source: Latest News

BusinessLive reports that President Cyril Ramaphosa has appointed two senior advocates as deputy national directors of public prosecutions at the National Prosecuting Authority (NPA).   Source: Latest News

GroundUp reports that though liquor sales will be allowed from 1 June, the two-month ban on the sale of alcohol, combined with the initial ban on exports, has had a devastating impact on the wine industry.   Source: Latest News

Business Report writes that with the national lockdown to ease to level 3 from Monday, the Minerals Council SA (previously called the Chamber of Mines) said on Friday that the mining industry was working with the government to get mineworkers from neighbouring countries back to work.   Source: Latest News

Mail & Guardian reports that public-sector worker unions claim about 150 staff members at Cape Town’s Tygerberg Hospital have to date tested positive for the Covid-19 virus.  Nursing staff from different areas of the hospital have been negatively affected by the Western Cape’s exponentially increasing number of positive cases.   Source: Latest...

Mail & Guardian reports that the tit-for-tat factional battle for control of the Food and Allied Workers Union (Fawu) has taken yet another twist.   Source: Latest News