Irish-run discount airline FlySafair licenced to operate in SA

After being delayed by legal objections from local airline Comair, the new cut-price operator FlySaFair was today given the green light by the Regulator. This followed a reshuffle of its shareholding from 75% to only 25% Irish-ownership. Is it a mere sleight of hand or genuine? Comair’s CEO Erik Venter isn’t sure. – AH   … Read more

Air ticket prices not going to fall with new low cost entrant – Kulula CEO

  With buzz growing around a new entrant to the South Africa airline industry in the form of a low-cost carrier called Skywise, many have been asking if airline ticket prices will fall when competition gets even stiffer. However, Comair CEO Erik Venter says not a chance. The margins in the airline biz are already … Read more

Bye bye horse racing, hello GT247 as Purple Capital goes back to its CFD core business

I’ve always liked the way Charles Savage and Mark Barnes, his chairman at Purple Capital, go about their business. These are two of the great characters of SA’s financial services sector. Never afraid to have a go, they’ve also got the bruises to prove that experience sometimes brings pain. Today’s trading update from their under-performing … Read more