China Financial Daily

April 3, 2009

South African Airways will get 40 percent stake in the CEMAC airline

Filed under: Financial News — Tags: — Nancy @ 10:56 am -0700

South African Airways will get 40 percent stake in the CEMAC airline
Xinhua in Abidjan on April 2nd (Xinhua Huang Wei) on 2nd, according to media reports in Côte d’Ivoire, African largest airline South African Airways would get the Central African Economic and Monetary Community (CEMAC) of the 40 percent stake, to become the biggest shareholder of the airline. The report quoted Vice-Chairman of CEMAC Commission, Jean – horsepower • Magezi as saying that, the two sides of CEMAC and the South African Airways have reached an agreement on shares.

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