Kaya 959 Kaya Biz

Deal to sell a 51% stake in SAA to the Takatso consortium called off.

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GUEST –
Guy Leitch – Aviation Analyst

The deal to sell 51% of SAA to the Takatso consortium is off, Minister of Public Enterprises Pravin Gordhan announced on Wednesday.
The deal, which was first agreed in June 2021, has faced numerous obstacles. Among them has been the need to revalue the assets of SAA due to the lengthy time between the original agreement and the final agreement on the sale of shares.
13 Mar 2024 4PM English South Africa Business News · Investing

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