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The embattled airline was allocated R10.5 billion last year forbusinessrescue.
The Minister stated that no further contributions will be made to the state-owned entity.
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Gordhan stated that there is a parallel process taking place with a strategic equity partner.
SAA was grounded since last year.
Previously,Briefly.co.zareported thatR200 million was spent on SAA while employees remained unpaid.
Minister Pravin Gordhan said that no further contributions will be made towards SAA. Image: Waldo Swiegers / BloombergSource: Getty Images
A bunch of unnamed consultants also received R97.3 million.
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Source: Briefly News
Reeshni ChettyReeshni Chetty is a senior current affairs reporter.
Reeshni has a passion for breaking the stigma surrounding mental health issues.