SOUTH AFRICA – GAUTENG – JOHANNESBURG – ANNOUNCEMENT 01 MAR 2022 (19:45)

Eldo Coaches has informed employees that the company is experiencing financial difficulties and will delay the payment of employee salaries for February 2022. This is due to breakdowns that led to many vehicles being off the road. The company had to pay external services providers to refund passengers and compensate them for delays. Therefore, Eldo Coaches are paid 50% of the payslip amount by the close of business on 28 February 2022. The remaining amount will be by Monday, 07 March 2022.

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