The commission’s principal analyst, Wiri Gumbie, told the tribunal that Takatso Aviation was created specifically for this acquisition and is bidding to acquire SAA operations, SAA Technical and Air Chef.The second part of the deal includes a “moratorium on merger-related retrenchments and to maintain a minimum number of employees at SAA.”Recently dismissed Public Enterprises Department director-general Kgathatso Tlhakudi remains vehemently opposed to the merger over corruption allegations.
Once concluded, the tribunal is expected to decide whether the merger can proceed, but its decision is not legally binding and can be challenged in court.","category_class":"child-of-news","time_ago":"2 weeks ago","premium":false,"gallery":false,"excerpt":"If an ANC fatcat had exploded like this, you would have savaged him, John.