Gordhan said the two business rescue practitioners shared a total of R30m between them for a period of four months as their fee.
Gordhan said government had since employed the services of an aviation expert company to chart a way for a new airline to replace SAA. He said labour union representatives at SAA had participated in one or two technical workshops in designing a future airline and making a contribution.“What we require as an outcome of this process is a viable airline, retaining as many workers as we could and retaining as many jobs as we could, which is quite important in the current economic context and making the airline non-reliant on the fiscus,” he added.
With OUR TAX MONEY! OR IS THE FOLLOWING ALSO YOUR PHILOSOPHY? South Africa's FU Government ,read. The money government has doesn’t come from people or businesses, it comes from taxes. Not people and businesses
Kahle kahle then why are these BRP blamed for what they have presented, a draft plan? They can't give a final plan coz they aren't owners! Even Min of Basic Education has been presenting draft plans for schools to resume duties!!
pravingordhan That only comes when it has been established that there was something to save. And money to execute a savings plan. Part of that plan might include management changes. But, if it determined that company cannot be saved, it will be liquidated. That should be SAA.
Is this another PatriciaDeLille chicken fence scenario where government appoints a service provider but do not set out the specs required. More money down the drain. Well done treasurySA Or do you guys not simply give a damn what damage you do!
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Gordhan, SAA business rescue practitioners trade accusations over rescue planMPs heard from SAA's business rescue practitioners that a lack of funding severely hampered their work, while Minister Pravin Gordhan questioned their spending decisions and future objectives. They must stop acting on us Shut it down for once useless gov
Source: IOL - 🏆 46. / 51 Read more »
Gordhan, SAA business rescue practitioners trade accusations over rescue planMPs heard from SAA's business rescue practitioners that a lack of funding severely hampered their work, while Minister Pravin Gordhan questioned their spending decisions and future objectives. They must stop acting on us Shut it down for once useless gov
Source: IOL - 🏆 46. / 51 Read more »