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South African Airways delays salaries despite $61 million state guarantee

South African Airways is delaying salary payments for a second consecutive month despite receiving a R1 billion ($61 million) government guarantee to support its working-capital needs. Employees who would normally have been paid on 25 October will receive their salaries in stages between 27 and 31 October. South…

Business Insider AfricaBy Ayodeji Adegboyega
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South African Airways delays salaries despite $61 million state guarantee
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Original headline: “South African Airways delays salaries despite $61 million state guarantee”

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