1. No correspondence has been received by the National Treasury relating to the Sale and Purchase Agreement and the proof of funds necessary for the Strategic Equity Partnership transaction.
2. National Treasury did not conduct a review of the Strategic Equity Partnership transaction as it was not subject to section 54(2) of the PFMA. Once the Sale and Purchase Agreement is received by the National Treasury, it will be reviewed to determine whether it poses risk to the fiscus through fiscal obligations.
3. No details have been received by National Treasury on the compensation to be received by government for the sale of the majority shareholding to the Takatso Consortium. The details are contained in the Sale and Purchase Agreement which National Treasury was not involved in the negotiation thereof. National Treasury currently has no details related to the sale other than what has been made publicly available by the Department of Public Enterprises.
4. SAA submitted PFMA section 54 applications for the disposal of wide-body aircraft and non-core property that formed part of the old Durban International Airport. The Minister of Finance has approved both transactions.