Kaya 959 Kaya Biz

Mango Airlines Heading Towards Final Winding Down

Loading player...
Guest – Sipho Sono – Business Rescue Practitioner At Mango Airlines

Low-cost carrier Mango Airlines is heading towards a final winding down after the investor waiting to acquire it pulled out of the process.

In a circular published by the Business Rescue Practitioners (BRPs), the group confirmed that the investor, established as Ubuntu Air for the transaction, no longer wanted to proceed with the process.

Mango was placed in voluntary business rescue on 28 July 2021, and the business rescue practitioners were appointed in August of that year
20 Aug 1PM English South Africa Business News · Investing

Other recent episodes

Competition Commission’s Take On The Rand Manipulation Case

Guest – Makgale Mohlala - Competition Commission Head of Cartels Local and international banks, previously cleared by the Competition Appeal Court (CAC) of allegations regarding their collusion to manipulate the rand against the US dollar, now face renewed scrutiny as the Competition Commission prepares to take the matter to trial…
20 Aug 1PM 12 min

Fewer Salaries Paid Within The R40,000 R100,000 Salary Range

Guest – Elize Kruger - Independent economist New salary data from BankservAfrica shows that fewer salaries are being paid over R40,000 a month, pointing to increased job losses among higher earners in South Africa. This is more broadly reflected in average pay data, which declined slightly in July 2025, falling…
20 Aug 12PM 8 min

Consumer Price Inflation Rises To 3.5%

Guest – Patrick Kelly, Chief Director for Price Statistics at Stats SA. Consumer price inflation (CPI) rose to 3.5% month-on-month in July in line with broader expectations among economists, the highest rate since 3.8% which South Africa saw in September last year. This was announced in Statistics South Africa’s (Stats…
20 Aug 12PM 6 min
All episodes