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SAA showdown: Harith fights back as key partner bails from board amid money concerns

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Tshepo Mahloele (left) and Gidon Novick.
Tshepo Mahloele (left) and Gidon Novick.
Photos by Gallo Images / Business Day / Robert Bot

A severe clash has erupted between SAA's chosen new partners, with little hope of reconciliation.  

In June 2021, Public Enterprises Minister Pravin Gordhan announced that the Takatso consortium would take a 51% stake in SAA. In return, they would invest R3 billion in the airline over two years.

The consortium consists of Global Airways, a full-service leasing company which owns startup airline LIFT, and an airline management company founded by Gidon Novick, a former co-CEO of kulula.com and co-founder of LIFT.

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