South Africa sets plans to cash in on revived national carrier
State to get $185 million in preference shares, special votes ‘Golden share’ to stop majority owner ...
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Tag: Department of Public Enterprises
South African Airways could leave administration by March
A South African minister responsible for the beleaguered state-owned carrier has said that South African Airways ...
Read moreSouth African Airways receives US$98M, but administrators cannot use it
The South African government has transferred 1.5 billion rand (US$98M) to administrators for national airline South ...
Read moreSouth Africa in talks with keen investors in State airline
South Africa’s government has started talks with private entities interested in buying into the country’s insolvent ...
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SAA administrators aim to publish revised plan on July 7
Administrators at South African Airways (SAA) aim to publish a revised restructuring plan on July 7 ...
Read moreSouth African government urges creditors to back SAA rescue plan
South Africa’s public enterprises ministry on Wednesday urged creditors to back a rescue plan for cash-strapped ...
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