PHUTI MOSOMANE
THE National Union of Metalworkers of South Africa (NUMSA) has urged Parliament to halt the takeover of South African Airways (SAA) by the Takatso consortium.
The union has also criticized the Competition Commission for endorsing the proposed merger between Takatso Aviation and SAA, despite what it perceives as significant governance deficiencies.
Takatso aims to secure a 51% ownership stake in SAA, and this agreement has received the backing of Pravin Gordhan, the Minister of Public Enterprises.
“We have been saying that the SAA deal which Gordhan engineered, stinks of corruption and we are disappointed that the Competition Commission has decided to legitimize a process which was illegitimate to begin with. We are raising the alarm once again, on this dodgy deal because there is no accountability from the DPE and parliament is failing to protect this national asset,” spokesperson Phakamile Hlubi-Majola said.
According to Majola, Parliament has not
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