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Treasury working with SAA as Citigroup ends credit facility

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(iStock)
(iStock)

Johannesburg - Treasury is working with South African Airways (SAA) to ensure the company has enough liquidity to continue operating after Citigroup cancelled a short-term credit facility.

SAA will issue a statement on Tuesday that explains the impact of the cancellation, SAA spokesperson Tlali Tlali said on Monday.

Treasury spokesperson Phumza Macanda confirmed that the government was working with the airline earlier on Monday by phone.

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