CAPE TOWN (Reuters) – South Africa would consider a strategic partner for struggling state-run airline, the minister of public enterprises said on Thursday, as the government looks to cut down on spending.
“Will we look at a strategic partner? I think so. I would like them to investigate going for a strategic partner,” Lynne Brown told reporters in response to a question over an equity partner for South African Airlines (SAA).
Privatisation is considered a dirty word among many of the ruling party’s labour and communist alliance partners, and Africa’s second-largest economy has treaded carefully around the issue in its economic policies since the end of apartheid in 1994
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