Pravin Gordhan to spell out fate of SAA after state shuts down funding
The government’s mixed messages have contributed to confusion
19 April 2020 - 19:27
Public enterprises minister Pravin Gordhan will brief the cabinet on the fate of SAA on Monday, while the national airline’s business rescue practitioners are due to meet unions.
SAA is insolvent and its liabilities outweigh its assets. The airline was put into business rescue in December 2019, a process that hands over management to practitioners who have a mandate to facilitate its rehabilitation...
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