Gordhan on SAA majority stake sale: ‘Confidentiality doesn't mean secrecy’.

Though the private equity sale of SAA to the Takatso Consortium came under heavy scrutiny, Gordhan said there was nothing untoward about the Public Enterprises Department concealing certain information.South African Airways (SAA)

Minister of Public Enterprises Pravin Gordhan says there is no secrecy around the private equity sale of a majority stake in South African Airlines (SAA).

He said that confidentiality didn’t mean secrecy, that the deal was currently at a sensitive stage, and that certain documents and information couldn’t be released publicly, even through Parliament.