Africa

Fire sale or wind-down for SAA?

SAA will not survive past month-end. The airline now has two choices – go into immediate liquidation or let the business rescue practitioners (BRPs) develop a winding down business rescue plan, …

Liquidators circle SAA

Following SAA’s BRPs (business rescue practitioners) confirming that government would not assist the airline with further funding, liquidators are contacting the carrier’s creditors in an …