Treasury battling to justify the R4.7 billion quarantee to SAA
165 views · Published 20 September 2016 · 2:47 · Indexed 10 November 2026
Channel: SABC News · 2016 · News & Politics
Treasury has been at pains to justify the 4-point-7 billion rands "going concern" quarantee to the embattled South African Airways. This amid continuing revenue losses at the the airline. SAA has belatedly told parliament that it has lost R5,6 billion and R1,9 billion respectively in the last two financial years. For more news, visit: http://www.sabc.co.za/news
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