Auditor-general backs Acsa to remain a going concern

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South Africa Headlines News

Airports operator has been been profitable for most of its three decades

Auditor-general Tsakani Maluleke has rebutted suggestions that the Airports Company SA could be in deep financial trouble despite the company’s finances being whacked by Covid-19, leading to a pretax loss of R3.6bn.

Acsa, which runs SA’s airports, has been a rare beacon among state-owned enterprises, having been profitable for most of its close to three decades in business. It benefits from a monopoly in SA. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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