We can save SAA, business rescue practitioners tell creditors | IOL News

Johannesburg - National carrier SAA’s business rescue practitioners believe there is a reasonable prospect the troubled airline can be saved despite the inevitable risks and challenges.

SAA’s business rescue practitioners, Les Matuson and Siviwe Dongwana, told its creditors and employees last month that their plan could be successfully implemented subject to the availability of further post-commencement funding and ongoing support from all stakeholders, including the government, staff, trade unions and suppliers. The business rescue practitioners met creditors and staff on December 20 at the Sandton, Johannesburg, head office of law firm ENSafrica.

“We believe the business rescue process will achieve a better outcome for all stakeholders than an immediate liquidation,” they told the company’s creditors and employees.

I believe so yes ,while they are there they must check all the books ,quilty partys to jail.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

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SAA named one of the top on-time airlines in the world | IOL Business ReportSAA was ranked fourth in the category for the Middle East and Africa mainline carriers, ahead of some of its major competitors. At least they can go out with their heads high 🤣😂🤣🤮🤣🤮🤣😂🤣😀🤣😂🤣🤮🤭🤭 lulubrendafarqh C'mon.
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SAA named one of the top on-time airlines in the world | IOL Business ReportSAA was ranked fourth in the category for the Middle East and Africa mainline carriers, ahead of some of its major competitors. At least they can go out with their heads high 🤣😂🤣🤮🤣🤮🤣😂🤣😀🤣😂🤣🤮🤭🤭 lulubrendafarqh C'mon.
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Business icon Richard Maponya to be honoured with special official funeral | IOL NewsPresident Cyril Ramaphosa has declared a special official funeral for businessman Richard Maponya who died on Monday aged 99, his office said. Am he has more to say about him than he can with the ANC. Are the over burdened tax payers going to have to pay for the funeral of a billionnaire? I sure as hell hope not.
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