SAA, whose CEO Vuyani Jarana quit last week, will have to provide a clear payment date for an overdue R3.5bn bridging loan before the banks will consider new borrowing or roll over existing debt.
New borrowing to fund operations for 2019/2020 financial year — about R4bn — and the rollover of maturing debt by July 31 of about R9.2bn are also urgent...
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