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Mail & Guardian
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The national carrier SAA emerged from three years under business rescue in April last year, thanks to a R10.4 billion bailout. However, it is still grappling with the effects of a turbulent history marked by financial distress, operational problems and allegations of mismanagement. (Delwyn Verasamy/M&G)

‘Team privatisation’ continues to score despite SAA own-goal

Despite what some say about the Takatso deal’s collapse, the private sector has made strong inroads at public enterprises

Not cleared for take-off: Minister of Public Enterprises Pravin Gordhan has come under fire over the sale of SAA. Photo: Phill Magakoe/AFP

Parliament: ‘Investigating unit must probe SAA sale’

The recommendation that the unit look into the legality of the now cancelled deal is a blow

The national carrier emerged from business rescue in 2021 and  reported its first profit in more than a decade

SAA does not anticipate a clean audit soon

The national carrier told parliament that a final draft external audit report is expected at the end of May this year

Former Eskom chief executive Andre de Ruyter. (Brenton Geach/Gallo Images)

Eskom, SAA probes for parliament?

MPs must find a way to handle André de Ruyter’s allegations and a protected disclosure accusing Pravin Gordhan of wrongdoing in the SAA sale

In the most recent twist in the SAA saga, Gidon Novick resigned from Takatso’s board

Even with Lift, SAA won’t soar

The national carrier’s ability to monopolise the market has been seriously undermined by more threatening competitors, experts say

The national carrier SAA emerged from three years under business rescue in April last year, thanks to a R10.4 billion bailout. However, it is still grappling with the effects of a turbulent history marked by financial distress, operational problems and allegations of mismanagement. (Delwyn Verasamy/M&G)

Takatso-SAA deal faces anti-competition fears

It will take lot more that a director’s resignation to clear conflict of interest concerns, a competing airline suggests

Gidon Novick (left). (Photo by Brenton Geach/Gallo Images via Getty Images)

SAA deal: Takatso confirms CEO Gidon Novick’s resignation

The consortium said Novick stepping down amid a conflict of interest would clear the path for the transaction to go ahead

Harith General Partners, one half of the consortium that will take over SAA, has come under scrutiny since the announcement of the national carrier’s new majority shareholder.

SAA: PIC allegations are Harith’s albatross

Sipho Makhubela assures that the private equity firm has what it takes to raise the capital to get SAA flying again

South Africa is braced for a public sector strike, which, if all goes to plan, would be the largest in more than a decade. Photo: Delwyn Verasamy

Warring ANC factions united in questioning SAA deal

Four unhappy high-ranking party members say the SAA sale was never discussed at the NEC

Gidon Novick (left), one of the people trusted with getting SAA back in the skies, is prepared to face criticism of the airline’s new ownership.  (Photo by Brenton Geach/Gallo Images via Getty Images)

‘People feel they have a stake in SAA’ — Gidon Novick

Interest in the beleaguered national carrier, which has received billions of rands in public funding, means criticism is inevitable

SAA gets a second wind with new majority shareholder

Takatso consortium will now own 51% of the airline and the state 49%