Matuson has been roped in to try and pull the state-run carrier back from the brink of collapse. His team contends that rescuing SAA would be a better outcome for all stakeholders than a liquidation.
Matuson says in an event of liquidation of SAA, proceeds would all go to certain creditors at the expense of others.The government handed SAA another R4 billion at around the same time that Matuson was appointed as a business rescue practitioner.
Until when?
Yeah uproot corruption first ✊
He will have to get rid of the quotas and appoint people on competence
Don’t all BRP’s say that and milk you a lot of money until they can’t.
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:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
England add cover to squad hit by illness in South Africa - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.England added two bowlers to their squad on Friday after illness struck the camp less than a week before the first test against hosts South Africa, the England and Wales Cricket Board said. I guess the zoomed in map was broken... Or you just REALLY wanted to show the weather man's entire outfit off.
Source: SABC News Online - 🏆 32. / 51 Read more »
Mangaung Metro placed under administration - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Free State government has placed the troubled Mangaung Metro, which includes Bloemfontein, under administration This must be a lesson to the proletariat to never place their trust to the bourgeoisie, they need not be misled by billions and millions, they splash, funding their campaigns, bourgeoisie and their parties, know no other interests beyond their own. Ace Magashules legacy Ace must be so proud!!! The ANC delivers!!!!!
Source: SABC News Online - 🏆 32. / 51 Read more »
'Beast' joins Washington's Old Glory - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Former South Africa prop Tendai Mtawarira is joining Washington’s Old Glory DC in the fledgling Major League Rugby in the United States, he said.
Source: SABC News Online - 🏆 32. / 51 Read more »
Tunzi responds to hate messages - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Miss Universe Zozibini Tunzi says the hate messages some people have been posting about her on social media will only serve to deepen her self-worth. LouisMarchTO main reasons Africa Beaches are full of Foreigners.
Source: SABC News Online - 🏆 32. / 51 Read more »