The Department of Public Enterprises (DPE) has welcomed the Competition Commission’s conditional approval for the strategic equity partner transaction between South African Airways (SAA) and Takatso Aviation Proprietary Limited. This deal will result in Takatso acquiring a 51% shareholding in the airline, which is a significant turning point for the revitalization process of SAA.
Loadshedding has become a significant issue in South Africa, particularly during winter when more power is required from the national grid. These planned power outages have raised concerns about food security in the country, with the retail and agriculture industries fearing possible food shortages due to the impact of loadshedding on their operations and logistics.