SACP asks govt for transparency regarding SAA's new strategic partnership

JOHANNESBURG - The South African Communist Party is calling on the government to be more transparent regarding SAA's new strategic partnership saying the details are still sketchy.

Gordhan said the consortium would own 51% of the airline while the government would have 49% ownership. SAA was placed under business rescue about two years ago following management and financial challenges. The SACP said it has consistently worked alongside SAA employees and trade unions in order to prevent liquidation and privatisation of the airline."The details of the 51% which is associated with the so-called Takatso Consortium partner are not so clear, the battle will continue on that front and taking into account other considerations".

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