Home Business and Technology SAA future in limbo as more funds are needed to pay salaries

SAA future in limbo as more funds are needed to pay salaries

SAA

SAA business rescue process struggling to get off the ground Lenders have provided R2-billion required in December last year, allowing the airline to pay salaries but the airline is waiting on the national government for another cash injection.

The concern is, if the funding is not secured, how will the airline’s operations be impacted?

saa

The ANC NEC meeting taking place over the weekend will be focusing on the state of SOE’s and the question of funding the national carrier will probably be discussed.

Meanwhile, the South African Cabin Crew Association and NUMSA say the government is being negligent in not making funds available.

In other news – Blesser Roland Muchengwa strikes again with another Slay Queen, but this time not a Yellow bone – Pictures

Blesser Roland Muchengwa strikes again with another Slay Queen, but this time not a Yellow bone – Pictures. The businessman has made headlines with how he lives his luxurious life. Roland became an overnight celebrity after pictures of him hanging out with different beautiful slay Queens went viral.

Slay Queen and Uncle Roland

The man who is into the buying and selling of fuel business has showed how much love he has for women. However, he has allegedly struck again with another lady in Zimbabwe at Victoria Falls. Read more

Source: eNCA