Friday, 29 September 2017

Opposition outcry over bailout to broke SAA

By SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) – THE opposition Democratic Alliance (DA) is against the government R3 billion (US$222,8 million) bailout for the embattled South African Airways (SAA). Government on Friday confirmed it had approved the transfer of funds from the National Revenue Fund to SAA to allow the airline to address its debt obligations to Citibank, thereby avoiding a default. […]

from Sniply: CAJ News Africa

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