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In March 2020, TFG announced that, during the on-going COVID-19 pandemic, the company would cease to pay rents for its retail locations during the resultant lockdowns in South Africa. [3] [8] During the course of 2020, TFG acquired the chain of Jet stores from an ailing Edcon, further expanding their footprint as a retail conglomerate.
Edcon Limited was a retail company based in Johannesburg, South Africa. Its subsidiaries included Edgars, a department store with 203 [2] branches. [3] [4] In 2020, the Competition Tribunal approved the sale of the Edgars division to Retailability (pty) Ltd, [5] and Jet to The Foschini Group.
Inkwazi is a Boeing Business Jet (BBJ / Boeing 737) aircraft that serves as the primary mode of air transportation for the President of South Africa.Operated by 21 Squadron South African Air Force, the aircraft has a seating capacity for six ministers and ten additional passengers. [1]
Edgars was founded in Johannesburg, South Africa in 1929. [2] Its was named after London based Swan and Edgar. [2] Eli Ross opened his first Edgars store in Joubert Street. [2] It relocated to Cape Town in 1929 before returning to Eloff Street, Johannesburg in 1937, now owned by Sydney Press.
Thunder City was an aircraft operating and maintenance company based at the Cape Town International Airport in Cape Town, South Africa.It was well known for owning the largest civilian collection of former military jet aircraft in the world. [3]
Air Force Base Ysterplaat (ICAO: FAYP) is an airbase of the South African Air Force. It is located in Cape Town suburb Ysterplaat, on the southwestern coast of South Africa. The name Ysterplaat is Afrikaans from the Dutch "Ijzerplaats", meaning "Iron Place" or "Place of Iron" in English. The base's motto is Fortiter In Re (Resolute in Action).
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Fastjet's Group head office is located in South Africa. [7] Prior to 2017, [8] it was based at London Gatwick Airport in Crawley, West Sussex. [9] The move to South Africa was done to lower the cost of doing business. [10] The registered office and Fastjet plc head office is in London. [11]