Mango Airline's business rescue practitioner goes to court to seek sale of low-cost airline - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Mango Airline’s business rescue practitioner, Sipho Sono has filed a court application to force Public Enterprises Minister, Pravin Gordhan to make a decision on the proposed sale of the airline.

Mango Airline’s business rescue practitioner

, Sipho Sono has filed a court application to force Public Enterprises Minister, Pravin Gordhan to make a decision on the proposed sale of the airline. Sono says although an investor has been identified, implementing the adopted business rescue plan cannot go ahead without the Minister’s approval to dispose of the airline’s shares.

He accuses Gordhan of delaying the process with requests for more information despite being given 30 days allocated for queries. Sono wants the court to declare Gordhan’s refusal to make a decision unlawful and constitutionally invalid. “We come to a point now where we believe we will not be able to accommodate any further requests for information, particularly because the information that is sort has got nothing to do with the decision to either sell or retain your share and that is the purpose of the litigation that I have started.

 

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Kanti why is everything that has the state in it being up for sale?

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