Department of Labour issues updated COVID-19 TERS Direction

The Department of Labour and Employment has gazetted updated COVID-19 Temporary Employee/Employer Relief Scheme (C19 TERS) Direction on 7 September 2020. Click here to view the updated directions. Highlights include: 3. Application of benefits An employer or employee contemplated in paragraph 2 may continue to claim COVID-19 TERS Benefit contained in the Directive from 1 July 2020 […]

Emirates makes progress on completing pending refunds.

Emirates has issued a statement stating that it is making “strong and steady progress” on its commitment to customers to complete pending refunds. The airline said that it has returned over AED 5 billion (US$ 1.4 billion) in COVID-19 related travel refunds to date. More than 1.4 million refunds requests have been completed since March, representing 90% of the airline’s backlog. […]

Comair confirms publication of a business rescue plan

Comair will hopefully begin flying again in December if the business rescue plan published today (2 September) is accepted. Creditors and shareholders now have until 18 September to consider and adopt the plan. The publication of the plan follows negotiations with a preferred investor which will see a fresh equity injection of R500 million in return for a […]