Is R2.7 billion for SAA subsidiaries enough or will taxpayers have to cough up more, parly asks

accreditation
Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
0:00
play article
Subscribers can listen to this article
Thomas Kgokolo, newly appointed interim CEO, told the committee it is important to make sure the R2.7 billion for the subsidiaries is spent on what it is intended for.
Thomas Kgokolo, newly appointed interim CEO, told the committee it is important to make sure the R2.7 billion for the subsidiaries is spent on what it is intended for.

Members of Parliament's Standing Committee on Appropriations on Friday expressed concerns about whether R2.7 billion will be enough to keep the subsidiaries of South African Airways (SAA) going or whether Parliament will be asked for more money in future.

The committee was briefed by representatives of SAA and its shareholder, the Department of Public Enterprises (DPE).

Support independent journalism
Subscribe to News24 for just R75 per month to read all our investigative and in-depth journalism.
Subscribe
Already a subscriber? Sign in
Rand - Dollar
13.78
-0.3%
Rand - Pound
19.44
-0.2%
Rand - Euro
16.70
-0.3%
Rand - Aus dollar
10.63
-0.3%
Rand - Yen
0.13
+0.2%
Gold
1,865.95
-0.6%
Silver
27.84
-0.3%
Palladium
2,755.00
-0.9%
Platinum
1,168.39
+1.5%
Brent Crude
72.69
+0.2%
Top 40
61,654
+0.3%
All Share
67,942
+0.3%
Resource 10
65,584
-0.3%
Industrial 25
88,227
+0.7%
Financial 15
13,721
+0.6%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Voting Booth
Have you noticed a difference in the voices of women compared to men in virtual meetings?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes, there is a difference.
24% - 39 votes
No, I haven't noticed it.
66% - 108 votes
A bad internet connection worsens it.
10% - 17 votes
Vote