SA Government Terminates Contract with Takatso Consortium over SAA

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The Ministry of Public Enterprises of South Africa has announced termination of the agreement with Takatso for the sale of 51% of South African Airways (SAA). DPE says: “Over the past 3 years, the Department of Public Enterprises and Takatso Consortium has been negotiating the transaction to sell 51% of SAA. We regret to announce that both DPE and Takatso …