07 December 2020 - NW2703
Hill-Lewis, Mr GG to ask the Minister of Finance
Whether he has found the continuous bailouts of the SA Airways by the Government to be an abuse of dominance by a dominant firm in terms of the provisions of the Competition Act, Act 89 of 1998; if not, what are the reasons for the continuous bailouts; if so, what are the further relevant details?
The decision to recapitaliseState Owned Companies is done following a collective decision-making process which includes Cabinet and the Minister’s Committee on the Budget (MINCOMBUD), before being considered and ultimately approved by Parliament. The Minister of Finance therefore does not provide opinions of individual or entity specific recapitalisation outcomes as these decisions are approved through a collective process.