Business rescue practitioner Siviwe Dongwana also confirmed to the Standing Committee on Public Accounts on Thursday they will exit the business by the end of the month.He said the R7.8bn that they received was to pay for voluntary severance packages.
Dongwana told MPs that R2.8bn was used for retrenchments, voluntary severance packages and unpaid salaries.The business rescue practitioner said R2bn was used as working capital for SAA and some of the money was money owed in lieu of tickets bought passengers but never used them after the airline was grounded.“All the funds are allocated in their respective buckets in order to ensure they are used for their intended purpose,” said Dongwana.
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And how far is it from getting back on its feet? This airline was self sabotage,how you have BA cheaper than a housebrand ? That's like going to Pick n Pay find No name brand more expensive than Koo
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Only back on it's feet? How much more is it going to cost to get it back to flying🤔
Why is Pravin Gordhan still a minister?
And they haven't ruled out more money being spent on it
Can they arrest those white thieves already? Sick of this Cyril and Jamnandas arrangement
😂😂😂
They need another 10 next week, right? 🙄🙄🙄
I don't understand why is keeping SAA alive important. I never use them, they are expensive, the service is bad, air hostess with attitude. All these billion are going to one or two wmc companies
Our government is a shame
Lol 😂😂😂😂😂😂 pravin new dawn
Is their time eat
They are gonna come back to ask for more money. Save this tweet!
Bidvest and Cyril are enjoying themselves with our tax money neh👇🏾👇🏾👇🏾👇🏾
J Zuma and Guptas are sabotaging them, uzosho njalo uJamnandas 😂😂😂
It was never a Zuma Presidency but an ANC disease
On what when salaries have not been paid?
On it’s feed, but they are still to incompetent to proceed a start......or calculate the take-off-procedure
On what exactly, local flights?
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