LETTER: Save SAA jobs
A liquidity report on liabilities, assets, debtors and income is crucial
A liquidity report for SAA is required to glean information about liabilities, assets, debtors and income, to ascertain the sustainability of its operations. There is also a need for a feasibility/viability report to decide whether to continue with domestic only, or both domestic and international operations.
A business case needs to be made to save jobs and restructure SAA, indicating financial projections for a short and long-term solution. A financial plan for the short-term period of five years must be crafted for SAA’s domestic operations, with or without government bailouts, as well as a long-term plan for a period of say 10 years, with bailouts and without bailouts...
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