SAA-Takatso deal: The million-dollar question | Business

The deal to save SAA - which entails taking it out of business rescue, clearing all debt, and recapitalising it - was announced two years ago.

In June 2021, Public Enterprises Minister Pravin Gordhan announced that Takatso – a consortium formed by infrastructure fund manager Harith and Global Aviation – would buy 51% of SAA, the most significant privatisation in decades. The choice of strategic equity partner was controversial. Gordhan and his officials chose a partner without advisors and without informing the National Treasury of the deal until after the transaction's memorandum of understanding and principles had been agreed upon.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Business aims to lift growth by 3% through joint government initiative | BusinessBusiness organisations say they are stepping in to help government as the country's slide continues. | News24_Business
مصدر: News24 - 🏆 4. / 80 اقرأ أكثر »

ESKOM UPDATES | Daytime load shedding to drop to Stage 1 | BusinessAll the latest news and analysis on load shedding, power and the national grid.
مصدر: News24 - 🏆 4. / 80 اقرأ أكثر »

Business activity in South Africa takes a hit as trucks come under fireAttacks on trucks in June likely had a significant knock-on effect on related business activity, the latest PMI shows.
مصدر: BusinessTechSA - 🏆 24. / 61 اقرأ أكثر »

Aspen seeks to lift Latin American business in R5bn deal with ViatrisThe drugmaker secured the commercialisation rights and related intellectual property for products such as Viagra and Lipitor
مصدر: BDliveSA - 🏆 12. / 63 اقرأ أكثر »

Global demand for coal is bringing mayhem to Komatipoort | BusinessAn often impenetrable logjam of trucks laden with coal at South Africa’s crossing with Mozambique has brought chaos to a sleepy border town. | News24_Business
مصدر: News24 - 🏆 4. / 80 اقرأ أكثر »