Public Enterprises Minister Pravin Gordhan has announced a new interim board of directors for State-owned airline South African Airways (SAA). The board has to be interim as it will function only until the carrier is taken over by the Takatso consortium. Takatso will own 51% of SAA, with the State retaining the other 49%, once the current regulatory review of the deal is concluded. The new board, which became effective on Saturday (April 15) is composed of eight non-executive directors. Its Chairperson is former Tourism Minister Derek Hanekom.
