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Gordhan announces Takatso Consortium as new strategic equity partner for SAA

11 June 2021 9:28 AM
Tags:
Public Enterprises Minister Pravin Gordhan
South African Airways SAA

Public Enterprises Minister Pravin Gordhan announced on Friday that Takatso Consortium would own 51% of the airline while government would have a 49% ownership.

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




11 June 2021 9:28 AM
Tags:
Public Enterprises Minister Pravin Gordhan
South African Airways SAA

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