Gordhan announces Takatso Consortium as new strategic equity partner for SAA
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
This article first appeared on EWN : Gordhan announces Takatso Consortium as new strategic equity partner for SAA
Source : Abigail Javier/EWN.
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