SAA has made a plea for more money, asking for another R3.5bn from the budget, but finance minister Tito Mboweni  has said he is yet to decide on the validity of the request.

The additional funding is required to fund the business rescue process, the cost of which has risen from R10.5bn, when originally agreed, to R19.3bn, the Treasury said in the Budget Review. ..

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.