SAA’s finances still in turbulent skies, auditor-general warns
Auditor-General tells MPs the state-owned airline incurred a combined loss of R23.5bn in the four financial years to end-March 2022
28 February 2024 - 14:53
Though SAA managed to table four financial years’ of annual reports and financial statements to parliament before the end of last year, the office of the auditor-general (AG) remains concerned about problems hindering the airline’s ability to guarantee continued operations as a going concern.
That’s the grim warning to parliament’s portfolio committee on public enterprises by officials from the office of the AG on Wednesday after the national carrier tabled annual reports and financial statements for 2018/19, 2019/20, 2020/21 and 2021/22 in December last year...
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