Government working on how to source funds for SAA business rescue: Gordhan

On Wednesday, the department of public enterprises released a statement in which it said it welcomed the commitment by the National Treasury that the government would support and source funding for the business rescue plan.

and answering a question on where exactly this money will come from, Gordhan said: “The more precise terminology that we actually utilised is that we will mobilise funding.”“This is money which is required over a period of time. What government has committed to is to mobilise funding.

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Government working on how to source funds for SAA business rescue: GordhanPublic enterprises minister Pravin Gordhan said on Sunday the funding government had committed for the business rescue plan for SAA was something that was still being worked on.
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Mboweni’s tweet could endanger SAA business rescue proceedings | CitypressA late-night tweet from Finance Minister Tito Mboweni could spell trouble for plans to implement SAA’s rescue plan this week and end the stricken airline’s business rescue proceedings, writes Antoinette Slabbert
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