Tag: bailout

Memorandum shows SAA administrators will not sell assets without involving govt

Administrators at state-owned South African Airways (SAA) will not sell assets for an interim period without involving the government, a memorandum signed by one of the administrators and the public enterprises ministry showed.

What you need to know about South Africa approving $4 billion bailout for debt-laden power utility Eskom

Crisis-hit South African power company Eskom was handed an additional 59 billion rand ($4 billion) lifeline by parliament on Tuesday, prompting criticism from opposition parties who described it as a "blank cheque".

SAA needs R10bn bailout to stay airborne

SAA needs R10bn bailout to stay airborne

Op-Ed: Why South African shouldn’t turn to the IMF for help

Misheck Mutize | University of Cape Town The view that South Africa should look towards the International Monetary Fund (IMF) to be rescued from the unfolding economic meltdown seems to be growing by the day....

South African Airways receives R2.2 billion bailout

South African Airways receives R2.2 billion bailout

South Africa's cenbank to weigh in on Barclays Africa bailout report

Absa described the report as having several factual and legal inaccuracies.
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