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*South African Airways May Get Only 5% Of Its Money From Zim* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?zd South African Airways (SAA), may only be able to recoup 5% of the $60m (R874m) that it is owed by Zimbabwe in funds from ticket sales that Harare hasn’t been able to remit to the airline. This follows remarks by the Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee member Eddie Cross, who that it plans to “reject the majority of debts” owed to institutions. Said Cross: ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- > We will ask that a haircut be taken by creditors. Cross said legacy debt now stands at $2.6bn, more than double the central bank’s previously stated figure. In July this year, officials from the International Air Transport Association (IATA) met President Emmerson Mnangagwa and Finance and Economic Development Minister Mthuli following various foreign airlines’ failure to repatriate to their countries over US$100 million paid by locals towards airfares. *More: News24* itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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