DStv Channel 403 Wednesday, 18 December 2024

Rea Vaya operator placed under business rescue

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.

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