EDITORIAL: SAA’s turbulent journey to nowhere
Fate of airline hangs in balance after termination of strategic equity partnership
18 March 2024 - 05:00
In a dramatic twist that can only be scripted in the murky theatre of SA politics, the much-vaunted privatisation of SAA has hit an air pocket.
The strategic equity partnership with a group of black investors, Takatso, once hailed as a cornerstone of President Cyril Ramaphosa’s reform agenda, has been abruptly terminated. Public enterprises minister Pravin Gordhan’s announcement last week is more than a corporate setback, it is a sobering reality check on our privatisation aspirations...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.