Airports company to remain in state hands says Mbalula

Several potential investors have expressed interest in acquiring a stake in the Airports Company of SA which operates SA’s major airports, but transport minister Fikile Mbalula says its sale is not on the table.

Acsa, which owns and operates SA’s nine principal airports including three international gateways — OR Tambo, Cape Town and King Shaka international airports, suffered like airlines internationally from the travel restrictions imposed during the Covid-19 pandemic, but is on the road to recovery as tourism picks up.

Mbalula noted that the Department of Transport had been approached by prospective investors who expressed interest in acquiring equity in Acsa and a number of other interested parties had approached Acsa with similar proposals.

So they can keep treating it like a private cash machine. Have you seen the state of O R Tambo? They've invested nothing back into it despite making a fortune on parking fees alone.

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