Taking flight: The air force’s
Oryx and Rooivalk helicopters, which are manufactured
by Denel. Frustration over lack
of proper capitalisation drove
Danie du Toit to resign
as the arms manufacturer’s
chief executive. (Photos: Daniel
Born/Gallo Images/The Times &
Sebabatso Mosamo/Sunday Times)
With about two weeks to go before the medium term budget policy speech, Finance Minister Tito Mboweni — otherwise known as Twitter’s Glenryck Pilchards’ chief influencer — is probably sitting on the worst kept secret: the government will once again issue a cash bailout for SAA.
Although there is nothing fundamentally wrong with giving a bailout to a state-owned entity, SAA has shown time and time again to be a bad investment.
And the allocation will come at a time when the country is being urged to stop expenditure that will not contribute directly to the cause of reviving our Covid-ravaged economy.
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The world of Knysna’s shores is everyone’s oyster this week. There is something for everyone: arts; entertainment; trail running; wining and dining; and chocolate making
