So now the government has agreed to put another R10.5bn of our hard-earned money into SAA to try and revive a company that has been trading insolvently for many years and is bankrupt. And the business rescue practitioners tell us it will take another three years of trading insolvently before making an operating profit.

Really!..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now