Pravin Gordhan To Hold Crunch Talks With SAA Business Rescue Practitioners

Thebe Mabanga

Public Enterprises Minister Pravin Gordhan is set to have crunch talks with South African Airways’ Business Rescue Practitioners in a final bid to stave off liquidation or prevent a fire sale of assets should liquidation occur.  

This emerged at a briefing that Gordhan gave to parliament’s portfolio committee on public enterprises and the select committee on public enterprises and communications.  

The joint virtual sitting received an update on developments at the SAA, Eskom and Transnet.

Gordhan told parliamentarians that the talks are to address a number of issues that have been “a matter of contention between shareholder and business rescue practitioners”.

He noted that they recently had an engagement after the Business Rescue Practitioners had indicated that SAA could not undertake Covid repatriation flights beyond Thursday, the 8^th of May.

Talks have now staved off that calamity.

At the heart of Gorhdan’s enquiry to the