DA says Gordhan's threats of legal action undermines and demeans the legislative authority.
The Democratic Alliance says Public Enterprises Minister Pravin Gordhan should not use public funds to launch a legal battle with the portfolio committee that oversees his department.
The DA says Gordhan’s threats of impending legal action undermines and demeans the legislative authority and standing of the committee as an extension of Parliament.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gordhan announces that SAA-Takatso deal is offHe says this was in part is because SAA's assets are now worth far more than they were during the COVID-19 pandemic.
Read more »
SAA’s deal with Takatso terminated: Minister Pravin GordhanPublic enterprises minister Pravin Gordhan has announced that SAA’s deal with strategic equity partner Takatso has been terminated
Read more »
Gordhan provides 3 reasons why SAA deal with Takatso has been scrappedGordhan also said the airline was in a sustainable position for the next year to 18 months and would not require further tax-funded bailouts.
Read more »
Ex-DG blames Takatso/SAA deal irregularities on minister's ego - SABC NewsFormer Public Enterprises DG says irregularities in Takatso/SAA deal are borne of one man's ego.
Read more »
Parliament wants SAA-Takatso deal referred to SIU - SABC News - Breaking news, special reports, world,'The committee cannot say that the SAA and Takatso transaction was above board.'
Read more »
Sale of South Africa Airways stake to Takatso Consortium called offMinister of Public Enterprises, Pravin Gordhan, announced that the 51% sale of South Africa Airways (SAA) to Takatso Consortium has been called off. Gordhan listed three reasons why the deal was off. Firstly, government needed to ensure a fair value was attached to the 51% shares. Secondly, that there was public interest secured in the fair value. Thirdly, that the airline was now in a more sustainable position than it was back in 2019. He added that SAA is secure enough for the next 12-18 months and can find other financial means if needed, The deal had been controversial, with Gordhan previously saying some documents relating to it had to be kept secret due to the negotiations and the documents’ commercial sensitivity. Public Enterprises Minister Pravin Gordhan has announced that the sale of a 51% SAA stake to Takatso Consortium has been cancelled. He says the airline will not get a government bailout, and no jobs will be lost.In response to Gordhan’s announcement, Takatso Consortium said the changes to the deal would have taken too long
Read more »