South Africa's embattled national airline on Thursday flew its first plane since March 2020 after emerging from bankruptcy proceedings, france24.com reported. Passengers on the South African Airways (SAA) flight from Johannesburg to Cape Town were greeted on their departure by singing and dancing airline staff. Once Africa's second-largest airline after Ethiopian Airlines, SAA had survived for decades on government bailouts and had been shedding routes even before the COVID-19 pandemic struck.
South Africa’s Treasury expects a relief package for businesses and individuals affected by this month’s deadly riots to cost 38.9 billion rand ($2.6 billion), Bloomberg News reported. The government will spend an additional 31.2 billion rand and grant 5 billion rand in tax breaks, while 2.65 billion rand will be reallocated from within the budget, Edgar Sishi, the acting head of the budget office, said in an online briefing on Wednesday. The program won’t require additional borrowing, Treasury Director-General Dondo Mogajane said at the briefing.