Gordhan announces Takatso Consortium as new strategic equity partner for SAA
Public Enterprises Minister Pravin Gordhan announced on Friday that Takatso Consortium would own 51% of the airline while government would have a 49% ownership.
JOHANNESBURG - Public Enterprises Minister Pravin Gordhan has announced a new strategic equity partner for government airline SAA.
Gordhan announced on Friday that Takatso Consortium would own 51% of the airline while government would have a 49% ownership.
SAA was placed under business rescue about two years ago following management and financial challenges.
WATCH: Public Enterprises Minister Gordhan briefs media on SAA
