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Page 7 - நிறுவனங்கள் அமைச்சர் பிராவின் கோர்டன் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Labour unions shocked that government relinquished control of SAA after equity partner named by minister

Gordhan announces Takatso Consortium as new strategic equity partner for SAA

Takatso consortium named as a strategic equity partner for SAA

Takatso consortium named as a strategic equity partner for SAA By Siphelele Dludla Share SAA will be majority owned to a black-owned consortium Takatso as the government has finally found a strategic equity partner for the airline. Public Enterprises Minister Pravin Gordhan announced today the Takatso consortium as the preferred strategic equity partner for SAA after 19 months of uncertainty. Gordhan said that the government has agreed to Takatso owning a 51% stake of SAA to Takatso. This is a move that is probably going to raise the ire of workers unions who feared the airline was being privatised after thousands of employees were laid off at the struggling airline.

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