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.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now