Liquidator delays Affretair’s final funeral rites

Martin Rushmere
FINAL FUNERAL rites for Affretair, Zimbabwes bankrupt state-owned cargo airline, have been put off as liquidators and accountants haggle over the details. The High Court has granted provisional liquidation, which allows the company to continue operating under strict supervision.
KPMG, in charge of sorting out the liquidation, says the High Court has still to make a final ruling.
Total debts are estimated to be more than R300 million.