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Media Statement: The Recapitalisation of the South Africa Airways


Alwihda Info | Par APO - 3 Juillet 2017 modifié le 1 Janvier 1970


Government has decided to transfer funds from the National Revenue Fund to South African Airways to allow the airline to pay back its debt to Standard Chartered Bank thereby avoiding a default. This payment was done in terms of section 16 of the Public Finance Management Act. This section of legislation states that the Minister […]
Source : http://feedproxy.google.com/~r/Appa-sourceTheAfric...