BusinessLive reports that with South African Airways (SAA) having run out of cash and being effectively bankrupt, it is feared it may not be able to pay salaries.  

According to a cash-flow analysis provided by the airline to MPs on Wednesday, the state-owned airline went into a negative cash position in July when it had a net cash outflow of R568m.  It projects a further deterioration in the months ahead with net cash outflows of R936m forecast for August and R918m in September.  A relative improvement to a negative cash flow of R134m is projected for October on the assumption that the airline gets financing and government support of R792m.

• Read this report by Linda Ensor and Sunita Menon at BusinessLive

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