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SAA banking tender deferred due to debt consolidation

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STATE-OWNED COMPANIES
South African Airways' (SAA) controversial appointment of little-known finance company BnP Capital was not only expensive; it also put on hold an approved banking tender to Nedbank. News24 can exclusively reveal that SAA's board approved the awarding of banking services to Nedbank on May 27, for five years, at an estimated cost of R278m.
 
 
 
 
 

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