Rea Vaya operator placed under business rescue

Rea Vaya board dissolved_1
0 seconds of 1 minute, 31 secondsVolume 90%
Press shift question mark to access a list of keyboard shortcuts
00:00
01:31
01:31
 

JOHANNESBURG - The Rea Vaya board has been dissolved and the company has gone into business rescue.

This comes after creditors tried to confiscate a portion of its fleet earlier this year due to outstanding debt.

READ: Rea Vaya disruptions | Numsa blames City for not paying operators 

To discuss this further, eNCA spoke to Business rescue practitioner, Mahier Tayob.

Rea Vaya board dissolved_2
0 seconds of 1 minute, 45 secondsVolume 90%
Press shift question mark to access a list of keyboard shortcuts
00:00
01:45
01:45
 
Rea Vaya board dissolved_3
0 seconds of 1 minute, 28 secondsVolume 90%
Press shift question mark to access a list of keyboard shortcuts
00:00
01:28
01:28
 
Rea Vaya board dissolved_4
0 seconds of 2 minutes, 35 secondsVolume 90%
Press shift question mark to access a list of keyboard shortcuts
00:00
02:35
02:35
 

You May Also Like