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Consortium to take 51% stake in South African Airways -minister

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Reuters Africa
Reuters Africa ()

South African government sells majority stake in airline SAA to consortium

SABC News
SABC News ()

The Democratic Alliance (DA) has raised concerns about the partnership between Takatso Consortium and the South African Airways.

SAfm news
SAfm news ()

The DA has raised concern on the partnership between Takatso Consortium and South African Airways. It says this remains a proposal and the Minster has announced that the memorandum of understanding has not been signed and no purchase and sale of agreement is in place. #sabcnews

SAfmRadio 📻
SAfmRadio 📻 ()

[Now] Public Enterprises Minister Pravin Gordhan has announced that Takatso Consortium will be the new strategic equity partner for South African Airways, SAA. Leon Louw speaks to @AldrinSampear on #SAfmBTH

Thabang Motsohi
Thabang Motsohi ()

@mokhathi For example this is the question I asked in 2017 but that has never been answered.!!! Look where we are now.

Financial Afrik
Financial Afrik ()

Le consortium privé Takatso a pris une participation majoritaire de 51% dans la compagnie aérienne South African Airways (SAA), ont annoncé des sources étatiques ce vendredi 11 juin. Le consortium s’engage à verser un montant initial de plus de 3

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Observador
Observador ()

Governo sul-africano privatiza 51% da companhia aérea South African Airways

Africanews Français
Africanews Français ()

La @flysaa désormais détenue par un consortium privé #Aviation

Nqobile Dludla
Nqobile Dludla ()

Co-founder & Takatso consortium Chair Tshepo Mahloele told Reuters that R3 billion should be sufficient to operate SAA for 12 to 36 months. An IPO for SAA is unlikely to happen within the next 3 years, and SAA would first need to become profitable.

CapricornFM News
CapricornFM News ()

Gidon Novick, CEO of Takatso Consortium, which now owns a 51% stake of South African Airways, says many people thought they were crazy to be buying an airline during the third wave of Covid-19. #SAA NM

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AEROIN
AEROIN ()

Governo anuncia o chegada de parceiro que garantirá nova vida à South African Airways

Reuters
Reuters ()

South African government sells majority stake in airline SAA to consortium

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Kudzai Mutisi
Kudzai Mutisi ()

Two decisions by President @CyrilRamaphosa that are very progressive: 🇿🇦 Privatizing the South African Airways @flysaa ✔️ 🇿🇦 Allowing 100 MW power sales outside Eskom In short, privatisation & dismantling inefficient monopolies Zim must privatise dysfunctional parastatals

kabontle
Kabontle ()

Nna tsa South African airways Gake di tsene, GA ke dirise flymachine for shit, ntwa yaka is with the taxi association, so far re wete👌🏾👌🏾

IOL News
IOL News ()

Workers unions at South African Airways (SAA) have reacted with shock that the government has relinquished control of the struggling airline to a private company. @busrep

Right2Know
Right2Know ()

Minister Pravin Gordhan has announced that the cabinet has agreed to give up majority shareholding in South African Airways to a strategic equity partner. #OngaziMakazi

✏️✏️✏️
✏️✏️✏️ ()

wow, people really seem to have strong opinions on the privatisation of south african airways

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Edgar Legoale
Edgar Legoale ()

We should stop calling it South African Airways SAA coz it doesnt belong to the people anymore. clearly it should be called Pravin Gordhan Airways PGA

Koketso Resane
Koketso Resane ()

At best case, South Africa could have done like Mexico and only partially privatised its national airline. At worst case, South African Airways would fail outright and the airspace would be like that of the Philippines - full of charters. *Emerging markets only. [END]

Alex Macheras
Alex Macheras ()

The latest development in the South African Airlines bankruptcy saga: aircraft leading company & private equity firm Global Airways, Harith take the 51% stake in the South African flag carrier

Jacaranda FM
Jacaranda FM ()

The majority of South African Airways (SAA) will now be privately-owned, the Department of Public Enterprises announced on Friday.

Miny Sir. G Sibeko
Miny Sir. G Sibeko ()

Can they then Please remove the South African Flag From The Takatso Airways! 51% of SAA | Pravin | Malema

Johan Wicht
Johan Wicht ()

4) US investment in SA fibre roll-out () 5) SA government to sell 51% stake in cash-leach SAA ()

Derek Nseko ✈️
Derek Nseko ✈️ ()

BREAKING: Government relinquishes control of South African Airways with announcement of new strategic equity partner Takatso consortium to take 51% of a new SAA meaning the national airline is now majority controlled by the private sector

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Mwango Capital
Mwango Capital ()

A consortium [Global Airways + PE firm Harith General Partners] to take a 51% stake in South African Airways with a plan to inject ~3B rand ($) “Government will have no further financial obligations to the company, outside of the existing liabilities that they will settle

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𝗭𝘂𝗸𝗶𝘀𝗮𝗻𝗶 𝗡𝗱𝘄𝗲𝗻𝗱𝘄𝗲
𝗭𝘂𝗸𝗶𝘀𝗮𝗻𝗶 𝗡𝗱𝘄𝗲𝗻𝗱𝘄𝗲 ()

Ok! Now I see. 🤦🏿‍♂️ “A consortium comprised of Johannesburg-based Global Airways, which owns recently launched domestic airline Lift, and private-equity firm Harith General Partners will take a 51% shareholding in South African Airways.”

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Reuters
Reuters ()

Consortium to take 51% stake in South African Airways -minister

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Reuters Africa
Reuters Africa ()

Consortium to take 51% stake in South African Airways -minister

John Bowker
John Bowker ()

South African Airways (a majority stake) sold by the government to private investors. Have to say I am surprised to be typing that.

The Edge Malaysia
The Edge Malaysia ()

Aviation: Consortium to take 51% stake in South African Airways — minister - Reuters

☚ Benjamin #AskAMan ☛
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