This is absolute bull, every single year the tax pay inevitably feels the pinch. You guys at SAA can cite poor media coverage, the media in SA runs at a profit thou, lack of accounting knowledge on the part of Joe Public, but inevitably you run a poor operation plagued by inefficiency and stupidity. The tax payer loans SAA the money, they can't repay it yadda yadda so can't it to be written off or converted to equity etc. same crap different year.
Surely with the amount of money the tax payer has wasted in SAA it would have been cheaper a few years ago for the government to wipe their debt out and sell it, instead of us every 12 months pumping in a few more billion?
You guys get your head out of the sand, Khaya has a history of ruining every business he has touched. Prior to SAA there was the IDC, then AME and now SAA.