Today's Labour News

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numsaIOL News reports that the National Union of Metalworkers of SA (Numsa) has welcomed the decision of the National Assembly’s portfolio committee on public enterprises to refer the botched SAA-Takatso consortium deal to the Special Investigating (SIU).

According to the trade union, the deal was corrupted from the beginning, and there have been attempts to sweep it under the carpet. Numsa spokesperson Phakamile Hlubi-Majola claimed that the involvement of the SIU would shed light on many underhand dealings in the sale of SAA to Takatso. She said Minister of Public Enterprises Pravin Gordhan must be held accountable for what went on at SAA and claimed that Gordhan had tried for months to keep the deal secret and the fact that the sale of SAA had been undervalued. Hlubi-Majola continued: “SAA is a State Owned Entity, and every aspect of the deal must be open to the public to scrutinise. Gordhan did not follow proper processes when appointing Takatso as the preferred equity partner for SAA. Numsa is vindicated by this decision because we consistently opposed the deal from the beginning and we raised the alarm early on to say the process was corrupted and therefore, the deal was tainted.” Numsa also expressed concern about the future of the airline given that there was no certainty after the collapsed deal.

  • Read the full original of the report in the above regard by Siyabonga Mkhwanazi at IOL News

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