AVIATION
The losses of the already cash-strapped South African Airways (SAA) has rapidly increased to R4.5-billion, documents submitted to Parliament’s standing committee on Finance revealed. “This new figure of R4.5-billion is significantly higher than the R3.5-billion revealed ten days ago and the R1.7-billion estimated in September 2016,” a statement by committee member, Democratic Alliance MP Alf Lees said on Monday.
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