The South African government is selling a 51 percent stake in South African Airways (SAA) to Takatso consortium, which will initially commit more than 3 billion rand ($221.60 million) to…
Tag: South African Airways
SA Post Office in financial limbo
By Daniel Itai, Johannesburg, South Africa The South African Post Office (SAPO), has conceded that the state-owned entity is in financial distress. SAPO is in urgent need of US$300 million…
South African Airways dodges a bullet
By Daniel Itai, Ekhurhuleni, South Africa South Africa’s embattled state owned airline, South African Airways (SAA) has survived liquidation. According to the department of Public Enterprises, government has availed funds…