The announcement of the newly-configured airline and strategic partner received a mixed reaction on Friday.
Public Enterprises Minister Pravin Gordhan announced on 11 June 2021 that Takatso Consortium will be the new strategic equity partner for South African Airways. The Takatso Consortium will own 51% of the airline and the Department of Public Enterprises 49%. #SAA #PravinGordhan
Fifty-one percent of SAA will be sold to a consortium, while the Department of Public Enterprises will own the other 49%.
Minister Pravin Gordhan and department officials updated Parliament’s public enterprises committee on the status of the national carrier earlier on Wednesday.
Speaking during his Budget vote on Thursday, the minister said they must start by fixing the damage at state-owned entities (SOEs) before repositioning them.
The state capture commission put it to him that the High Court in Pretoria set aside the Public Protector’s findings that like him said the unit was rogue.
He has been implicated by witnesses including Public Enterprises Minister Pravin Gordhan of advancing state capture.
President Cyril Ramaphosa on Wednesday appeared before the state capture commission.
ANC secretary-general Ace Magashule has given provincial secretaries a 5pm deadline on Thursday to submit names of those who must step aside as they face charges of corruption and other serious crimes.
EFF deputy president Floyd Shivambu opened a criminal case of corruption against Public Enterprises Minister Pravin Gordhan at the Hillbrow police station on 14 April 2021. This comes after Chief Justice Mogoeng Mogoeng alleged that Gordhan attempted to influence the appointment of one of his friends as a judge. #EFF #FloydShivambu #PravinGordhan
Chief Justice Mogoeng Mogoeng made the disturbing revelation to the Judicial Services Commission, which has been interviewing candidates for the Constitutional Court on Tuesday.
The 16 were charged after storming Public Enterprises Minister Pravin Gordhan at the podium when he was delivering his Budget vote in July 2019.
Public Enterprises Minister Pravin blames the SAA Pilots Association for adding to the airline's woes.
South African Revenue Service (Sars) official Vlok Symington said that Sars was modernised and built up after 1994 to become recognised as one of the world’s most efficient tax administrations, but that under Moyane’s tenure of fewer than four years, this efficiency diminished.
Gordhan was cross-examined by Tom Moyane's lawyer advocate Dali Mpofu at the state capture commission on Tuesday.
Tom Moyane's advocate Dali Mpofu told Pravin Gordhan's advocate Michelle Le Roux to "shut up" as he tried to make an objection at the State Capture Commission of inquiry on 23 March 2021.
Public Enterprises Minister Pravin Gordhan returns to the state capture inquiry where he is being cross-examined by former Sars commissioner Tom Moyane's lawyers on matters related to the SA Revenue Service (Sars).
The 16 red berets were charged after storming Public Enterprises Minister Pravin Gordhan at the podium when he was delivering his Budget vote in July 2019.
