Gordhan says state still finalising SAA funding plan

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Top story | Gordhan says state still finalising SAA funding plan 🔒

Public enterprises minister Pravin Gordhan said on Sunday that while the government had agreed last week to"mobilise funding" for SAA, work was still being done on where the funds would come from and in what form.

His comments come after he and finance minister Tito Mboweni wrote to the SAA business rescue practitioners last week, informing them of the government’s commitment to seek the funding that is required to restart SAA and to settle liabilities of the old SAA.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

 

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