According to the Department of Public Enterprises, this R5 billion bailout will be the final financial hand-out afforded to the ailing national carrier.
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So here we go again:- SAA will receive ‘final’ bailout of R5 billion, says Department of Public Enterprises
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New Interim Board Appointed At Transnet after Gordhan removed all remaining directors
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The Department of Public Enterprises has confirmed that a new interim board has been appointed at Transnet.
In a statement issued on Monday night, Public Enterprises Minister Pravin Gordhan announced that he has removed all the remaining Transnet directors with immediate effect and that he’s appointed a new interim board, pending a full appointment, in consultation with Cabinet.
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