SA Airways (SAA) has secured R3.5bn in funding from the Development Bank of Southern Africa. “Discussions held with financial institutions have been fruitful,” joint SAA business rescue practitioners Les Matuson and Siviwe Dongwana said in a statement on Tuesday. The business rescue practitioners, supported by the departments of public enterprises and National Treasury, obtained the..
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Embattled National Carrier gets R3.5bn lifeline from Development Bank
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