South African Express now into Business Rescue

Like South African Airways, South African Express is now also facing business rescue prospects. Ziegler SA (owed R1113 million by SA Express) lodged an urgent court application for SA Express to be placed under business rescue as it cannot pay its debts. The court application is expected to be heard on 28 January 2020. (www.dailymaverick.co.za) Plus d'info...