That's the absolutely shocking thing. Even in business rescue they can still pump tax payer money into it to perpetually keep it afloat.while the ANC have free access to taxpayers money.
The ANC swine will use everything in their power to keep the trough topped up.
The ANC is so much of a failure they can't even see their failures.Sounds Like the ANC doesn’t it.
They see how big failure land distribution is, they see what harm BEE has done they see how badly most of their policies are doing, they have seen how big of a failure zimbabwe is and still they will do everything in their power to make sure South africa is as big of a failure...
You can do that with board of directors. BRP is not a board.“Government remains the sole shareholder of SAA. If you run a company [of which] I am a shareholder, the day I don’t like what you do I will come in. It’s that simple,” said Mashatile.
They kept the lights on just long enough for the SONA - maybe same story for the JHB-CT route ?It makes sense for them because it's the only airline they can fly on for free as part of their government packages. That's why they kept the Joburg to Cape Town route else they would have to pay out of their own pockets to fly on the other airlines.
Oh they knew exactly what was good for SAA but instead they did everything that was bad for SAA because it was good for their own pockets. Zuma, Gupta , Myeni went out of their way to make sure inflated contracts were given to companies that benefited their interests.SAA would not be bankrupt if government actually knew what was in the best interests of the national airline
And which day was it that you decided to come in? 1 billion debt? 2 Billion? You waited a lot of billions before deciding to "come in"“Government remains the sole shareholder of SAA. If you run a company [of which] I am a shareholder, the day I don’t like what you do I will come in. It’s that simple,” said Mashatile.