Pravin Gordhan expects sale of SAA to be done by early 2022 🔒
SA expects to conclude the sale of a majority stake in its state-owned airline to private investors early in 2022, public enterprises minister Pravin Gordhan says.
The group acquiring the stake comprises Global Airways, which owns new domestic airline Lift, and private-equity firm Harith General Partners. The emergence of a new coronavirus variant, which has prompted several countries to temporarily ban flights to the country, is unlikely to affect the price they pay, Gordhan said.
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