SAA has told employees in a notice issued earlier on Friday that it is in “intense discussions” with the government over the airline’s financial position, but that it is unable to update them at this point.
SAA spokesperson Tlali Tlali said in a statement on Friday afternoon that “all employees, depending on their financial services provider, will start getting the 50% of their salaries for the month of November from today. Some of the employees are in receipt of the outstanding amounts already”. SAA and the department of public enterprises have said they have lined up commercial banks to provide funding but creditors require a full government loan guarantee from the National Treasury. The extension of the guarantee has not yet been granted.