Gordhan defends the disposal of government's majority stake at SAA - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Public Enterprises Minister Pravin Gordhan has once again defended the disposal of government’s majority stake at the South African Airways (SAA). He says there has been transparency in the deal with Takatso Consortium.

South African Airways airplanes seen in the image abovethe disposal of government’s majority stake at the South African AirwaysGordhan faced a barrage of questions from MPs about the deal after tabling his department’s budget vote in Parliament on Friday.

“The sale of 51% of its share to the Takatso Consortium let me assure the public and honourable members that there has been absolute transparency in this process all the necessary legal processes were complied with notwithstanding the regrettable efforts by many to sabotage or undermine what is an important project in terms of reviewing SOE from the damage that was caused by state capture,” says Pravin Gordhan, Public Enterprises Minister.

“There are still so many questions if there is real transparency. Answer those questions because the department does not, the media try to report on these issues to give South Africans clarity but there are no real answers. The department minister must now tell us what this transaction actually entails,” says Freedom Front Plus MP Wouter Wessel.

 

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Not my handwriting ...

Transparency in government is as clear as mud

Gordhan should be fired for throwing away tax payer money on an airline we don’t need while kids are starving in this country. The fact that SAA continues to be bailed out is scandalous!

Lol same entity without a proper audit for 3 years and spent 44 billion silently okay pravin

Anc and transparency don't belong in the same sentence

Transparency ka 22m it's nice to be him

Its a pity we as tax payers never got to see the financials....with all this transparency floating about. I guess its monkey see monkey do in that regard.

So SAA in a competive environment ticket prices etc. How did SAA end up here? Unions, overstaffing compared to the rest, Dudu, no financials etc?

Thought as much this is bull sht

minister of innocence is not so innocent

Takatso. Klink soos nóg Chinese winskopies.....🙄

I am sure Takatso Consortium offered him shares on this deal. I know how Indians works in businesses as he has now shown the signs of defending them.

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