THE tabling of SAA’s
outstanding 2015 financials
and annual report has been
delayed yet again by another
month.
Last month, National
Treasury requested an
extension until March 14
(see TNW February 24). The
Minister has since requested
another extension for the
tabling of the Annual Financial
Statements to April 30. “SAA
submitted an application for
a going concern guarantee on
December 21, 2015, which
is under consideration. Given
the potential implication
for the sovereign and for
the economy the matter
requires extensive and careful
consideration. SAA’s annual
financial statements cannot
be finalised until a decision
is taken on their application,”
Phumza Macanda,
spokesperson for National
Treasury, told TNW.
SAA’s financials delayed again
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