The department of public enterprises (DPE) appears to be lining up a private sector investor to take a strategic equity stake in SAA, or what remains of the beleaguered national carrier.

The FM has been reliably informed that the DPE is in talks with Fairfax Africa Holdings, the listed subsidiary of Toronto-based investment firm Fairfax Financial Holdings, which was founded by Prem Watsa, often described as the "Canadian Warren Buffett"...

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