Sino-Ocean plans to seek creditors’ approval to extend interest fee on an onshore bond due October 19, but it would pay interest on an offshore bond due October 26. Mango is a subsidiary of the state-owned South African Airways and has been grounded since July 2021. In September, the North Gauteng High Court gave Public Enterprises Minister Pravin Gordhan 30 days to determine whether the low-cost airline could probably be bought to an undisclosed buyer. Despite the bank’s reported loss, compared to a R302 million revenue last year, it says it stays solvent given the worth of its belongings. Although Saturday’s blaze at a woodchip mill in the area has but to be extinguished, uMhlathuze, one of KwaZulu-Natal’s economic hubs, declared that it was open for business.
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OCTOBER is Cyber Security Awareness Month and an opportunity for all businesses to reflect …