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Biggest airline in South Africa goes on sale | SA News

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South African private equity firm Harith General Partners agreed to acquire budget carrier FlySafair as the investor with $3 billion (around R48 billion) in assets expands its transport portfolio on the continent.

The deal with the nation’s biggest airline is at an advanced stage and subject to approvals by regulators, including the antitrust authorities and two licensing bodies, Harith Chairman Tshepo Mahloele said.

The PE firm will purchase the carrier…

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  1. Jislaaik – an expression of surprise [yis-liike] This is usually said when trying to express surprise or wonder.Example: “Jislaaik, you gave me a fright!”

  2. Fun South African Fact: Can you think of any other place in the world where two Nobel Peace Prize winners lived on the same street? Both Nelson Mandela and Archbishop Desmond Tutu had houses on Vilakazi Street in Soweto.