SAA

South African finance minister Tito Mboweni rejected accusations from the largest opposition celebration that he plans to make use of state funds to rescue the bankrupt nationwide airline, saying a spread of funding choices that may supply cash from the personal sector are being thought of. In an answering affidavit …

Public Enterprises minister Pravin Gordhan says that the federal government would think about a shareholder construction much like Telkom, for South African Airways. Telkom runs independently from the federal government, regardless of it having a 37% stake within the listed entity, whereas state-owned Public Funding Corp holds roughly 15%. The …