Mango Airlines | Business rescue practitioners head to court

  • 📰 eNCA
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Business rescue practitioners for Mango airlines are heading to court to force Public Enterprises Minister Pravin Gordhan to decide on whether the airline will be sold.

Union calls for govt to help Mango take flight

In order for the business rescue practitioners to implement their plan, they need the minister's stamp of approval. Business rescue practitioner Sipho Sono said:"Briefly, the business rescue of Mango is basically at the end...we need the approval of the minister to dispose of the shares to a new investor, which we have secured."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yoh hai shem!

They went under with my money😪

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Legal action: Mango Airlines business rescuer takes Gordhan to court | The CitizenThis is not the first time Mango executives have turned to the courts to intervene in the airline's sale. Click here for the full story➡️Mango Pravin
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Here’s what happened in SA business this week | BusinessHere are the top 10 business stories of the week. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »

LIVE | Govt has no intention to interfere in the running of Eskom - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Presidential spokesperson Vincent Magwenya updates the public on President Ramaphosa's public programme. Mxm🤡🤡🤡🤡🤡
Source: SABCNews - 🏆 37. / 51 Read more »