ABU DHABI/WAM NMDC Group PJSC and ADNOC Logistics and Services Plc (ADNOC L&S) announced today ...
Read More »S Africa raises funds for state airline to $1.1bn
Bloomberg South Africa almost doubled the level of funding for the national airline to 16.4 billion rand ($1.1 billion), cash that will go towards supporting a restructuring plan for the technically insolvent carrier. The bailout will be used to service and pay debt previously guaranteed by the state over the “medium term,†finance minister Tito Mboweni said in his budget ...
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