Home South Africa News Gordhan: ‘Bailouts must stop’, as SA Express plans to be in the...

Gordhan: ‘Bailouts must stop’, as SA Express plans to be in the air again

Die Vryburger

It has been reported that SA Express will be in “flight” next week, even though they are struggling to pay their salaries and bills.

The responsible minister, Pravin Gordhan, has declared that the so called lifebuoys that are being given to these state entities must now stop.

Meanwhile, SA Express’s state guarantee is R1,74 billion and the problem with high levels of corruption and dubious contracts has yet to be sorted out.

Read the original article in Afrikaans on Die Vryburger

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