The public enterprises department says it hopes to finalise an agreement with private consortium Takatso about the acquisition of a 51% interest in SAA by the end of the February, or March.

In a response to questions from Business Times, department spokesperson Richard Mantu said the “negotiations to finalise the sale and purchase agreement are at an advanced stage”, and that it hoped to “sign the agreement either by the end of February or next month”...

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.