Court dismisses with costs Toto’s urgent interdict to stall sale of 51% stake in SAA
But Toto secures court directive compelling public enterprises minister Pravin Gordhan to share confidential information
03 October 2022 - 19:03
The Western Cape High Court dismissed with costs on Monday an urgent application from Toto Investment Holdings to stall the sale of a controlling stake in SAA pending a review application.
Bongani Gigaba, founder of Toto Investment Holdings, was an unsuccessful bidder for a 51% controlling stake in the national carrier. He instituted the first legal challenge to SAA’s sale three months ago...
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