SAA subsidiaries hanging in the balance
SAA subsidiaries hanging in the balance - Gordhan Updated Nokukhanya N Mntambo The future of South African Airways (SAA) subsidiaries still hangs in the balance. SAA’s business rescue practitioners filed a notice of substantial implementation almost a month ago, signalling their exit from the airline. In April, the Department of Public Enterprises (DPE) announced that the airline’s board and management would be implementing an interim business plan to sustain the operations while a strategic equity partnership is being finalised. “Many weeks of work have gone into looking a...
Source: jacarandafm.com