This is a real crop of crap! I have read a number of articles on the subject and it appears that the consortium is not paying a blue cent for their 51% share. All the articles say is; "The grouping named Takatso will invest as much as 3.5 billion rand ($257 million) over the next three years".
In other words, they may invest their own money into their own company, but there is never any mention of actually paying the current owners for the 51%.
Also, some articles are saying that guvimint will still pay for some costs (unspecified) during the purchase period.
So much for feeding their own faces...
Their 'investment' will be based on income 'generated' by the airline the next 3 years. Someone needs to get hold of that actual agreement, because, I am 100% convinced, if that company does not put that money into the SAA, it will be done by government.