Newly appointed Communications Minister Mmamoloko Kubayi says Cabinet is happy with the appointment of a new board at South African Airways. Yesterday Finance Minister Malusi Gigaba announced the axing of former SAA board chairperson Dudu Myeni, who has now been Read More …
Dudu Myeni finaly fired as SAA chair
Dudu Myeni has been removed from the board of South African Airways in what could be a range of changes made to the leadership of the embattled airline. The Mail & Guardian understands that Myeni will be replaced by businessperson Read More …
No end to SAA’s nightmares
The nation’s beleaguered airline has breathing room until October 31 — Halloween, after which its debt demons may return to haunt it with a vengeance. It is understood that most of SAA’s lenders have agreed to roll over the outstanding Read More …
Gigaba lashes out against ‘hysteria’ over SAA bailout
Finance Minister Malusi Gigaba has spoken out against what he termed hysteria that has been created around the options government is considering to recapitalise South African Airways (SAA). He was speaking at a briefing at Treasury following a meeting with Read More …
Why Is Dudu Myeni Not Behind Bars Yet?
Dudu Myeni in her Banana costume. Jeez, what was she thinking? Imagine you are the CEO of a company anywhere in the world and steal it into bankruptcy to the tune of an R4.67 billion loss in one year. Not Read More …