I hope motsepe is not part
That could lead to private ownership when the government and SAA fail to honour the terms of the contract.
From the very first moment they started with the bail ,they were actually preparing for this moment ,the honourable minister of finance stated this during the his maiden statement ,that SAA should be sold and here we are now, this is not a loan but a his for stake in the airline
Do they wish to lose their money?
Telkom is mostly privately owned and doing well why not use same method. Actually a chunck of the airline could be sold to SAns as shares
With conditions
To the unread idiots hereunder, the consortium was named days ago.
Which would be pissed against the wall in 21 seconds.
U fail to mention in your headline they would want 51 % equity before coming on board. Actually it is the only way out.
That was Pravin idea and take the loot to Canada
Ramanyisa he is selling the fools straight to his capitalist friends who are believing a state capture hoax ,WMC stooge .
How expensive will airline tickets be after privatisation...but SAA is not making money.. Time for small airlines to ermerge
Un named consortium wants to buy 51% share in SAA ? (Loan) Apparently the deal is 'transparent' .
Please SAA accept their after Pravin has gone through the fine print. We can't afford to bail you out every year. And I think you also tired of coming up with a turnaround plan every year
Sure why not sell our national carrier to the highest bidder. Zuma sold the rest of S.A to Guptas, now his bitch is selling saa after using it as her own bank account. What's left for anc to loot ?.....health-care, education, pensions. Give it ALL to the zumas
Probably a Chinese consortium
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