Browsing: Les Matuson

Business

SAA nears collapse with plan to layoff all staff

April 19, 2020By Manda Banda03 Mins Read

The team of business rescue practitioners led by Les Matuson and Sizwe Dongwana will now look to sell assets and raise cash to repay creditors

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Business

South Africa cuts off funding to state-owned airline SAA

April 15, 2020By Staff Writer03 Mins Read

SA government refuses SAA business rescuers’ request for further funding

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Business

SAA to fly visitors to home countries

April 2, 2020By Manda Banda01 Min Read

South Africa’s national carrier to resume some International flights and repatriate foreigners during COVID-19 lockdown

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Business

SAA business rescuers seek more time for turn around

March 27, 2020By Manda Banda01 Min Read

The airline has been plagued by management issues and old aircraft

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