Gordhan tells SAA staff: up to you, survive or die
In contrast to Tito Mboweni, public enterprises minister indicates that the loss-making carrier does not need to be sold
Public enterprises minister Pravin Gordhan has indicated that he does not believe SAA, which has lost about R18bn in the past four financial years and is dependent on state guarantees, should be sold. That is in contrast to finance minister Tito Mboweni, who told an investor conference in New York last week that the country was "unlikely to sort out the situation" and that the airline should be closed down. If you are already a subscriber, please click on the following link to go to the full article: Pravin Gordhan backs SAA’s survival ‘if staff get on board’ If you would like to subscribe to BusinessLIVE to read the full story, please click here.
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.