2021 Budget: SAA BRPs ask for bailout, again

Its official, South Africans will be paying more for fuel, alcohol and tobacco. Finance Minister Tito Mboweni delivered the 2021 budget speech, painting a bleak picture of the fiscus. eNCA's Heidi Giokos has the details. #DStv403#eNCA

JOHANNESBURG - SAA business rescue practitioners have requested yet another bailout barely six months after the airline received R10.5 billion.

READWATCH: Mboweni hosts 2021 post-budget briefing

Finance Minister Tito Mboweni says the airline's rescue practitioners have asked for more, but the request has not been considered, yet.

Mboweni delivered his 2021 budget speech on Wednesday in Parliament.

READWATCH: Mboweni hosts 2021 post-budget briefing

"SAA business rescue practitioners have made a request of some R3.5 billion, but that still has to be interrogated to check the veracity of the request," says Mboweni.

Mboweni says, in the current budget, there is no provision for SAA.

Watch the video above for more details on this story

Source
eNCA

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