Posts tagged with 'financial difficulties'

 

National Treasury gives SA Express a R300 million bailout

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National Treasury gives SA Express a R300 million bailout

The National Treasury has just announced that it has committed R300m to drag the bankrupt SA Express airline of its financial difficulties. The company’s Chief Executive Officer, Siza Mzimela, disclosed the information to the media. The airline company needs the R300m guarantee to keep its wings up and does not have the ability to obtain..
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Sheriff seizes more furniture, equipment from Gauteng health department

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The Gauteng health department has had more of its furniture seized to settle debts owed to companies, the DA said on Tuesday. “The furniture removal man said he has got instructions to take what he has to take. There’s chairs, computers, fans and there is even a fridge. It is ridiculous,” DA Gauteng spokesperson for..
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