Public Enterprises Minister Pravin Gordhan

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SAA business rescue plan might not be adequate, govt says

South Africa's government said it was concerned that a business rescue plan for troubled national carrier SAA published late on Tuesday might not be adequate. The government placed financially strapped South African Airways under business rescue last December, but efforts to revive its fortunes have so far stuttered partly due to the Covid-19 pandemic which has hamstrung air travel globally. In a statement released late on Tuesday as a "preliminary" […]

today17 June 2020

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