Lerato Mbhiza
THE National Union of Metalworkers of South Africa (NUMSA) has called on the Special Investigation Unit to investigate the transaction to sell a 51% stake in SAA to Takatso Consortium following the unexpected termination of the deal by Public Enterprises Minister Pravin Gordhan.
On Wednesday, in a surprise move, Gordhan said after a Cabinet briefing that the negotiations with Takatso were no longer yielding a fair deal for SAA which he said had begun to show signs of improving the value of its assets.
NUMSA spokesperson Phakamile Hlubi-Majola said the union has welcomed the termination of the deal but pointed out that they have been opposed to the deal from the start .
“NUMSA worked with the South African Cabin Crew Association (SACCA) as a progressive labour block to oppose this deal and to oppose privatisation of SAA. We welcome this announcement because we have succeeded in achieving
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