South African Airways back to 100% government ownership

Author Avatar

SABC News

Joined: Mar 2024
Spread the love

South African Airways back to 100% government ownership


Its back to the drawing board for South African Airways (SAA).
Public Enterprises Minister, Pravin Gordhan, has announced that the national carrier’s deal with the Takatso consortium, is off the table.
The deal to sell 51 percent of the South African Airways (SAA) shares to the Takatso Consortium has been terminated and the airline will go back…

source

Reviews

0 %

User Score

0 ratings
Rate This

Sharing

Leave your comment

Your email address will not be published. Required fields are marked *

35 Comments

  1. This is/was a rescue mission you can't fail Gordan for trying. All those SOE's you counting were hollowed out and were bankrupt. In business the most logical in fact its a no choice choice is to liquidate. That's no Pravin's problem(s). This advocate is politicking and yet says is not a politician.

  2. Can the minister please excuse himself and resign so SIU can investigate? There was non transparency in this deal from beginning. Why was the public blinded? Can the honourable minister resign now please🙄🙄🙄