Published 2 months ago

South African Airways’ privatisation deal collapses

Summary by Ground News

South Africa has terminated a deal to sell a stake in its national airline. The government had planned to sell 51% of the loss-making South African Airways. Public Enterprises Minister Pravin Gordhan said the deal had been called off. SAA will now revert to being fully state-owned but the government said the airline was open to entering into other partnerships.

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The Zambian Observer

South African Airways’ privatisation deal collapses

South Africa has terminated a deal to sell a stake in its national airline after failing to agree on a value and other terms with a consortium of private investors. The government had since 2021 planned to sell 51% of the loss-making South African Airways (SAA) to the Takatso Consortium, as part of efforts to […]

2 months ago·Zambia

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The Zimbabwe Mail

Deal to sell government stake in South African Airways collapses

JOHANNESBURG,- A deal the South African government has been negotiating for three years to sell a majority stake in South African Airways (SAA) has fallen apart, the minister overseeing the company said on Wednesday. The government announced the planned deal to sell a controlling stake in SAA to the Takatso Consortium in 2021, part of…

2 months ago·Harare, Zimbabwe

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South African Airways’ privatisation deal collapses

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South African Airways’ privatisation deal collapses

South African Airways’ privatisation deal collapses

Deal to sell government stake in South African Airways collapses

Deal to sell government stake in South African Airways collapses

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