South Africa
Mango staff may not get their salaries in May─── 08:14 Tue, 27 Apr 2021
It is doubtful that low-cost airline Mango will be able to pay the salaries of its 500 or so employees from May.
Business Day says the department of public enterprises is in discussions with the Mango board and the interim board of parent company SAA about repositioning the national carrier’s subsidiaries considering delayed government funding.
This delay means Mango has to stop operating from May 1 and go into business rescue until July while it waits for funding, which was promised in June.
SAA has been in business rescue since December 2019.
Moneyweb
