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July 16, 2020

SOUTH AFRICA: Treasury loses another spending battle

BY Anne Frühauf

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( 3 mins) In a 15 July letter of commitment to South African Airways (SAA)’s business rescue practitioners, the ministers of finance and public enterprises committed “to mobilize funding for the short-, medium- and long-term requirements to create a viable and sustainable national airline.” While Finance Minister Tito Mboweni had refused to provide any additional funding for SAA […]

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