Over the past decade, South African Airways (SAA) has suffered losses of more than R30 billion.
After years of keeping the airline afloat with government bailouts, Public Enterprises Minister Pravin Gordhan recently announced that the state would give up its majority stake in SAA. The Takatso consortium that included airline experts and Harith General Partners, would own 51% as part of the planned new deal.
But the deal has triggered critical questions since it was announced. The involvement of Harith - which has a controversial, intertwined past with the Public Investment Corporation - had raised particular concerns. Critics are asking questions about how the consortium would be able to fund SAA, and whether it was getting a sweet deal, at the expense of taxpayers.
Join Fin24 editor Helena Wasserman for a critical discussion of the latest developments around the SAA deal at the Editors' Table. She will be joined by political analyst Dr Ralph Mathekga, Fin24 deputy editor Ahmed Areff and senior reporter Carin Smith, who has been following the story closely.
Watch it live only on News24.
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