SAA needs R7.5bn in working capital from next month 

 

By: Reuters Cash-strapped State-owned airline South African Airways (SAA) will need R7.5-billion from next month to fund day-to-day operations into 2019, a presentation by the airline showed on Tuesday. SAA, which has not generated a profit since 2011, survives on State guarantees and is regularly cited by...

 

Eskom, AfDB sign loan agreement to expand power pool in Southern Africa 

 

By: Simone Liedtke The African Development Bank group (AfDB) and South African power utility Eskom on Tuesday signed a loan agreement to the value of nearly R2.9-billion, or about $25-million, to improve power transmission across Southern Africa. This project contributes to the realisation of the AfDB’s New Deal on...

 

 

 

 

 

 

 

 

 

 

SAA needs R7.5bn in working capital from next month 

 

By: Reuters Cash-strapped State-owned airline South African Airways (SAA) will need R7.5-billion from next month to fund day-to-day operations into 2019, a presentation by the airline showed on Tuesday. SAA, which has not generated a profit since 2011, survives on State guarantees and is regularly cited by...

 

Eskom, AfDB sign loan agreement to expand power pool in Southern Africa 

 

By: Simone Liedtke The African Development Bank group (AfDB) and South African power utility Eskom on Tuesday signed a loan agreement to the value of nearly R2.9-billion, or about $25-million, to improve power transmission across Southern Africa. This project contributes to the realisation of the AfDB’s New Deal on...