Public enterprises minister Pravin Gordhan has defended his process to select a strategic equity partner for SAA, saying he never implied the transaction was a done deal and making it clear that due diligence still needed to happen.

The Takatso consortium — made up of fund manager Harith and airline lease company Global Aviation — were announced as the preferred bidder two weeks ago...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now