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SAA deal flies into a storm amid doubt over funding

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Funding for SAA deal is still up in the air

Harith General Partners, which was named last week as the private equity investor in SAA, has not yet determined the vehicle it will use to invest in the airline or the source of the capital, the company said in response to questions on Tuesday.

Takatso, a consortium of Harith and Global Aviation, is to acquire 51% of SAA, public enterprises minister Pravin Gordhan announced on Friday...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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CoruscaKhaya There is a lot of fogging in this story. The ANC are such inept liars they always get caught out - as liars always do. Just shows hiw free & dom ANC is!!

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