The sudden termination of the deal between South African Airways (SAA) and Takatso has dealt a significant blow to President Cyril Ramaphosa’s privatization strategy and raised doubts about the future of struggling public enterprises. The government has faced opposition within its ranks concerning privatization and will need to rethink its approach and draw in more private investment. The termination of the deal marks the beginning of a new episode where the outcomes remain unpredictable.
