WATCH: How the Development Bank threw SAA a lifeline
Business Day writer at large Carol Paton talks to Business Day TV about airline’s loan from the Development Bank of Southern Africa
SAA now has funds to stay afloat during its business rescue process after securing a loan from the Development Bank of Southern Africa (DBSA).
Business Day writer at large Carol Paton joined Business Day TV to discuss the story and its implications.
SAA has been thrown a lifeline, to address its short term liquidity needs. The airline's secured R3.5 billion in funding from the Development Bank of Southern Africa. Business Day TV spoke to Business Day's writer at large Carol Paton, who broke the story, for more detail.
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