South Africa’s Pravin Gordhan Says SAA Money Yet to Be Found

(Bloomberg) — South Africa’s Minister of Public Enterprises, Pravin Gordhan, said the government has yet to determine how the rescue of South African Airways will be funded. His ministry and the National Treasury said on July 16 they would mobilize the additional 10 billion rand ($599 million) the bankrupt airline’s administrators said is needed to effect the rescue. In a July 17 Twitter posting Finance Minister Tito Mboweni denied planning to…