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*SA Govt Engages With Private Entities Interested In Buying SAA* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?ae The South African Government is reportedly in talks with private companies interested in buying insolvent South African Airways, Finance 24 reports. Negotiations between the South African government led by a team from the Department of Public Enterprises assisted by some advisors from Rand Merchant Bank (RMB) with the unnamed private partners have started. SAA reportedly needs R10 Billion to resume operations and the South African government was hoping it could resume operations by year-end. Private Players like Ethiopian Airlines have been rumoured to have shown interest in possibly buying SAA, which has not flown a single commercial flight since 5 months ago. ---------- 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_ ---------- The airline had long bled the South African government as it was reportedly surviving on bailout and grants. The Minister of Finance Tito Mboweni has reportedly said the next bailout for SAA can only come from private players and not from the government. More: Finance 24 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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