DStv Channel 403 Friday, 08 November 2024

Takatso Consortium director resigns

JOHANNESBURG - The Takatso Consortium says it appreciates the resignation of board director Gidon Novick, as there is a conflict of interest.

Novick is a co-founder of the Lift airline.

He has resigned unexpectedly from the consortium that is partnering with SAA.

READ: Takatso one step closer to owning SAA

And cited a lack of communication and challenges around raising capital to complete the deal.

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