Page 3 - Harith General News Today

In a document seen by Bloomberg, but which was later withdrawn, Treasury said the sale of a majority stake in SAA represents an ongoing financial risk to the state as the terms were skewed heavily toward the buyer.

Says the terms of the sale to the Takatso Consortium were skewed heavily towards the buyer.

International advocacy organisation, Global Citizen, has launched a new campaign aimed at addressing the issue of poverty now. The year-long campaign, called

Citizen-led global advocacy group calls on governments, corporations and citizens to break the cycle of extreme poverty now | Pulse Nigeria

A strategic agreement between troubled South African Airways and Kenya Airways after years of competition could be the first stage in the formation of a new African airlines group.

Government expects to conclude the sale of a majority stake in its state-owned airline to private investors early next year, Public Enterprises Minister Pravin Gordhan said.

The sale of 51% of South African Airways to the Takatso consortium is certainly moving in the right direction, Gordhan said.

Refilwe Moloto talks to aviation analyst Desmond Latham about who the players are and how the deal will work.

One of the partners in the Takatso Consortium, which will acquire a controlling interest in SAA, has strong ties to the ANC.

SAA will be 51% owned by Takatso - a consortium comprising Global Airways - which owns domestic airline Lift - and Harith General Partners.