The business rescue practitioners have allegedly charged exorbitant fees and made questionable commercial decisions, unions say
Majority trade unions at SAA say they have lost faith in the business rescue practitioners, who have allegedly charged exorbitant fees and have made highly questionable commercial decisions, which have worsened SAA’s financial position.
Like public enterprises minister Pravin Gordhan, the unions also oppose a wind-down of the company and want to see a business plan for a new or restructured airline. Les Matuson and Siviwe Dongwana, the company’s business Rescue practitioners, have not yet responded to a request for comment.
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