Cape Town, South Africa | AFP | South Africa’s finance minister is expected to walk a tightrope during the annual budget presentation to parliament on Wednesday, as the economy teeters on the edge of a fiscal cliff. The continent’s most industrialised economy has in recent years lurched from one economic woe …
Read More »South Africa Airways cancels flights in bid to save cash
Johannesburg, South Africa | AFP | Beleaguered national airline South African Airways (SAA) announced on Tuesday it was cancelling 10 domestic and one international flight in an effort to streamline services and save cash. The cash-strapped airline was last month placed under a state-approved business rescue plan to avoid its total …
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