Public enterprises minister Pravin Gordhan has told striking unions at the cash-strapped national carrier SAA that there is no money to meet their demand for an 8% across-the-board pay increase.

And even if there were funds available, the minister said there was no legal mechanism to provide funding to SAA in the current year.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.