SAA defers potential liquidation, delays severance package offer for all staff

South Africa's Department of Public Enterprises announced (25-Apr-2020) an agreement with South African Airways' (SAA) business rescue practitioners (BRP) that the BRPs would not consider an application for the liquidation of SAA. The parties also agreed to postpone the offer of severance packages to all SAA employees until 01-May-2020. [more - original PR]