The original article can be found here.
Article highlights:
- Zimbabwe owes South African Airways (SAA) and other international airlines a total of $177.6 million (around R2.78 billon) in funds that could not be repatriated.
- Firms wanting to pay dividends to foreign shareholders as well as those with international headquarters are also caught up in the predicament of failing to recoup their investments and earnings.
- Among these foreign counterparties is SAA which is owed an outstanding amount of $7 million (about R109 million) after the initial amount was reduced from $18,7 million (around R293 million).
