Statement on Cabinet meeting of 5 December 2001
5 December 2001
At its meeting today, Cabinet noted the formation of a new administration in the Western Cape, and welcomed the fact that this would strengthen co-operative governance across the country.
The meeting considered and approved a recommendation for the disposal of Transnet’s 51% stake in Air Chefs (Pty) Ltd, with 10% allocated to the National Empowerment Fund, 20% reserved for Black Economic Empowerment and 21% to a Strategic Equity Partner.