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saa

3 Results / Page 1 of 1

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South Africa

S.A’s Automobile Association Applauds Finalization of President Ramaphosa’s Cabinet for Certainty in Key Departments

South Africa's Automobile Association has welcomed the finalisation of president Cyril Ramaphosa's cabinet stating that it brings certainty to key departments. Spokesperson Layton Beard emphasises the need for effective leadership from new Transport minister Barbara Creecy and re-appointed Mineral Resources and Energy minister Gwede Mantashe. Beard highlights the importance of improving public transport, road safety, and fuel pricing. He calls for collaboration with civil organisations to address these critical issues: […]

todayJuly 2, 2024 12

South Africa

DA Demands Accountability Over Cancelled South African Airways Deal

South Africa's Democratic Alliance is demanding accountability from the government, including Minister of Public Enterprises Pravin Gordhan, regarding the South African Airways- Takatso Consortium deal. The minister announced yesterday that the sale of a 51% stake in SAA to Takatso has been terminated, citing obstacles such as the necessity to revalue the airline's assets. Mimmy Gondwe of the DA stated that they believe the government neglected due diligence before initiating […]

todayMarch 14, 2024 12

South Africa

SA’s Public Enterprises minister Pravin Gordhan has defended the need for confidentiality on the South African Airways-Takatso Consortium deal

SA's Public Enterprises minister Pravin Gordhan has defended the need for confidentiality on the South African Airways-Takatso Consortium deal. Parliament's portfolio committee on Public Enterprises has been in a tussle with the minister over access to a list of documents on the deal. In 2021, Takatso was announced as the preferred equity partner to buy a 51-percent stake in SAA, while the government kept a 49-percent stake. Gordhan says there […]

todayMarch 7, 2024 21

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