Secret cabinet memo proposes Telkom mugging to save SAA
Finance Minister Malusi Gigaba has proposed the appropriation of R10-billion to save SAA financed by selling government's Telkom stake
24 August 2017 - 08:02
A cash-strapped South African Airways (SAA) is due to get yet another R10-billion bailout through the sale of government's multi-billion rand stake in Telkom. DA MP Alf Lees dropped the bombshell in the National Assembly during question time with Deputy President Cyril Ramaphosa on Wednesday when he presented a cabinet memorandum leaked to him in his capacity as a member of parliament's finance portfolio committee.
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