Novick’s Takatso departure shouldn’t be taken ‘too seriously’ – Gordhan
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Department of Public Enterprises Minister Pravin Gordhan says Gidon Novick’s resignation from the Takatso Consortium board, as well as his reasons for doing so should not be taken “too seriously” because Novick “was a small and minor partner in the consortium.”
Gordhan – along with some South African Airways (SAA) executives – were briefing the Standing Committee on Public Accounts (Scopa) on the state of the national carrier’s affairs, in Parliament on Tuesday.
Gordhan’s comments come after reports of Novick’s resignation as director on the consortium’s board on Monday, citing a lack of information around the progress of the deal, the consortium’s ability to raise the capital committed and the team’s future role in the business, according to News24. Further reports added that Novick felt the lack of access to information had made his role as director on the board difficult and impractical.
Gordhan – along with some South African Airways (SAA) executives – were briefing the Standing Committee on Public Accounts (Scopa) on the state of the national carrier’s affairs, in Parliament on Tuesday.
Gordhan’s comments come after reports of Novick’s resignation as director on the consortium’s board on Monday, citing a lack of information around the progress of the deal, the consortium’s ability to raise the capital committed and the team’s future role in the business, according to News24. Further reports added that Novick felt the lack of access to information had made his role as director on the board difficult and impractical.
