December 4, 2019 / 6:32 PM / Updated 17 hours ago

South Africa's president says SAA must enter business rescue - sources

JOHANNESBURG, Dec 4 (Reuters) - South Africa’s President Cyril Ramaphosa has instructed the government to urgently put its failing state-owned national airline SAA into a business rescue, a deputy minister told Reuters.

News channel SABC also reported that SAA would have to go into rescue, citing a leaked memo. (Reporting by Alex Winning and Tanisha Heiberg Editing by Tim Cocks)

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