South African Airways (SAA) has found a strategic equity partner.
The partner will hold a majority of 51 percent of the airline.
Public Enterprises Minister, Pravin Gordhan, says the new SAA will be sustainable and not rely on the government to fund operations.
“SAA will be owned by a partnership with government and a strategic equity partner. Having evaluated the current environment, the government has agreed to the SEP owning 51-percent of the shareholding and government 49-percent of the shareholding,” he said.
It was also announced that the equity partner has committed to prioritizing the training and promotion of black pilots.
Source: eNCA
In other news – You have no respect for your son – Zodwa Wabantu told after flashing her privates in public
Mzansi dancer Zodwa Wabantu is always getting praised by her fans for being real and focused when she posts her revealing pictures. This time one fan has told Zodwa that she does not respect her son.
This comes after Zodwa posted a picture of herself flashing her privates in public with the caption ‘Guys please tell me why I am so special 😝😝😝.’ Learn More
