Public Enterprises Minister Pravin Gordhan is expected to make an announcement on the future of the troubled state-owned airline South African Airways (SAA) on Friday morning.
At a virtual press conference on Friday, Public Enterprises Minister Pravin Gordhand said "The government has agreed that the financial partner will hold 51% of the shares and the government 49%."
Public Enterprises Minister Pravin Gordhan announced on Friday that Takatso Consortium would own 51% of the airline while government would have a 49% ownership.
Public Enterprises Minister Pravin Gordhan announced on Friday that Takatso Consortium would own 51% of the airline while government would have a 49% ownership.