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SAA ready to cede control to private investors

Is the South African government prepared to let go of control of its ailing airline South African Airways in a bid to save it? “We are not obsessed with control,” the deputy director general of the Department of Public Enterprises was quoted as saying. He added that the government was ready to cede management control to private investors. What does this mean for business – is it practical? Air News Editor, Heidi Gibson joins CNBC Africa for more.


Wed Jul 01 2020 | 16:24:34 GMT+0000 (Coordinated Universal Time)

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