BREAKING:South Africa terminates SAA’s strategic equity partner, Takatso’s deal

BREAKING:South Africa terminates SAA’s strategic equity partner, Takatso’s  deal

Takatso allegedly underpaying for an airline   Public enterprises minister Pravin Gordhan has announced that SAA’s deal with strategic equity partner Takatso has been terminated, a major setback to one of President Cyril Ramaphosa’s biggest privatisation drives amid pushback from some in the ruling party. “Late last week there was agreement that by mutual consent this transaction should be terminated as there is no clear path forward,” Gordan said after a cabinet meeting on Wednesday….

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