Takatso
latest news & developments‘Team privatisation’ continues to score despite SAA own-goal
Despite what some say about the Takatso deal’s collapse, the private sector has made strong inroads at public enterprises
Parliament: ‘Investigating unit must probe SAA sale’
The recommendation that the unit look into the legality of the now cancelled deal is a blow
SAA does not anticipate a clean audit soon
The national carrier told parliament that a final draft external audit report is expected at the end of May this year
Eskom, SAA probes for parliament?
MPs must find a way to handle André de Ruyter’s allegations and a protected disclosure accusing Pravin Gordhan of wrongdoing in the SAA sale
Even with Lift, SAA won’t soar
The national carrier’s ability to monopolise the market has been seriously undermined by more threatening competitors, experts say
Takatso-SAA deal faces anti-competition fears
It will take lot more that a director’s resignation to clear conflict of interest concerns, a competing airline suggests
SAA deal: Takatso confirms CEO Gidon Novick’s resignation
The consortium said Novick stepping down amid a conflict of interest would clear the path for the transaction to go ahead
SAA: PIC allegations are Harith’s albatross
Sipho Makhubela assures that the private equity firm has what it takes to raise the capital to get SAA flying again
Warring ANC factions united in questioning SAA deal
Four unhappy high-ranking party members say the SAA sale was never discussed at the NEC
‘People feel they have a stake in SAA’ — Gidon Novick
Interest in the beleaguered national carrier, which has received billions of rands in public funding, means criticism is inevitable
SAA gets a second wind with new majority shareholder
Takatso consortium will now own 51% of the airline and the state 49%