takatso consortiumlatest news & developments
(Delwyn Verasamy/M&G)

There is a place for SAA domestically, if it adopts the low cost model

The ‘old fashioned’ carrier is still struggling for passengers

Public Enterprises Minister Pravin Gordhan. (Waldo Swiegers/Getty Images)

Can SAA soar without its wingman?

The government’s effort to nail down a strategic equity partner with fat pockets hasn’t worked out. But if the national carrier cleans up its financial act, it could still be in with a chance

The national carrier SAA emerged from three years under business rescue in April last year, thanks to a R10.4 billion bailout. However, it is still grappling with the effects of a turbulent history marked by financial distress, operational problems and allegations of mismanagement. (Delwyn Verasamy/M&G)

SAA-Takatso deal to be referred to SIU

The parliamentary committee on public enterprises has recommended that the SIU further investigate the matter to ensure accountability and transparency

The late minister Pravin Gordhan. Photo: Essa Alexander/Sunday Times

Former DG wants ‘liar’ Gordhan held accountable for SAA deal

Kgathatso Tlhakudi said the allegations of an irregular selection process and the undervaluation of SAA assets to unfairly enrich selected ‘oligarchs’ should be spotlighted This content is restricted to registered users and subscribers. Get Your Free Account The Mail & Guardian is committed to providing all our readers with the best possible experience. Please register your free account now. Your registration is your first step to becoming an M&G community member. Register Registration enables: – M&G newsletters access – notifications – the best possible experience Already registered? Login here Want to subscribe and get even more benefits? Explore our subscription offers

Secrecy: Private Enterprises Minister Pravin Gordhan has been accused by parliamentarians of not being transparent about the national carrier sale, which has still not been concluded. Photo: Mlungisi Louw/Getty Images

MPs call for parliament to investigate Gordhan’s handling of SAA sale

The minister failed to submit two key documents to the portfolio committee on public enterprises, without which they will not back the deal