The ANC stands by SAA deal

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Enoch Godongwana, ANC head of the economic transformation subcommittee in the national executive committee (NEC), insists that the sale of the majority stake in SAA to private hands is not out of kilter. Photo: File
Enoch Godongwana, ANC head of the economic transformation subcommittee in the national executive committee (NEC), insists that the sale of the majority stake in SAA to private hands is not out of kilter. Photo: File

POLITICS

Last Friday, the public enterprises department announced that Takatso Consortium, which is made up of investment company Harith General Partners and airline management firm Global Airways, was the preferred strategic equity partner for the national carrier, owning 51% of the new company – the state retains the rest.

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