DA says it will block ‘emergency’ funds for SAA
An appropriation by parliament would be required to transfer funds to SAA, and that can only be made at the time of the budget or the adjustment budget
16 July 2020 - 12:44
The DA has given finance minister Tito Mboweni legal notice that it will challenge any disbursement of funds to SAA using his “emergency powers” under the Public Finance Management Act.
On Thursday, the department of public enterprises announced that it has secured the concurrence of Mboweni to “mobilise funds” for the restart of SAA. It said that it projected that an amount of R10.1bn would be required for working capital and to settle outstanding obligations, including the payment of retrenchment packages to staff...
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