SA Express fails auditor-general’s solvency and liquidity tests

29 September 2016 - 16:53
By Linda Ensor

State-owned airline SA Express is unable to satisfy the auditor-general that it can meet the solvency and liquidity tests of the Companies Act and that it can continue to operate as a going concern. Public Enterprises Minister Lynne Brown broke this news to Speaker of the National Assembly Baleka Mbete.

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