KM Financial Solutions | UPDATE 1-South African Airways gets 3.5 bln rand emergency funding from state-owned bank
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UPDATE 1-South African Airways gets 3.5 bln rand emergency funding from state-owned bank

UPDATE 1-South African Airways gets 3.5 bln rand emergency funding from state-owned bank

Cash-strapped state carrier
South African Airways (SAA) will receive 3.5 billion rand ($244
million) of emergency funding from the government-owned
Development Bank of Southern Africa, the airline’s business
rescue practitioners said on Tuesday.

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