Home Business and Technology SAA Express ordered to undergo business rescue

SAA Express ordered to undergo business rescue

SA Express

State-owned airline, SA Express has been ordered to undergo business rescue, at the High Court in Johannesburg ruled on Thursday.

The airline owes Ziegler SA over R11-million. SA Express has previously argued that there is no case for business rescue.

SA express

It said has a letter from the shareholder (government) that R164-million has been made available for the 2020/21 year. SA Express, like its sister company SAA, has failed to provide its financials to Parliament for the last two years.

In other news – Twitter gives thumps up to Boity Thulo’s reality show #BoityBET #OwnYourThrone

Boity Thulo‘s long awaited reality show didn’t disappoint, and many of her fans are actually looking forward to seeing more in the upcoming episodes.

Boity Thulo

Usually when a celebrity’s upcoming project receives major hype, it tends to somehow fall flat upon its launch. But in the case of Boity, the hype leading up to the airing of her much talked about reality show, #OwnYourThrone didn’t jinx anything. Read more

Source: eNCA