https://www.engineeringnews.co.za

Zuma confident that under Myeni & Co SAA will prosper

SAA chairperson Dudu Myeni

SAA chairperson Dudu Myeni

25th October 2016

By: African News Agency

  

Font size: - +

President Jacob Zuma on Tuesday expressed confidence in the newly-appointed board of South African Airways (SAA), under the leadership of Dudu Myeni, to effect a turnaround at the cash-strapped State-owned airline.

“The appointment of the board, including the chair, is for the interests of the country, nothing more,” Zuma said in a pithy reply when asked by a DA MP in a National Council of Provinces question-and-answer session whether he was advancing the interests of his “friend” Myeni over that of the country.

Zuma went on to explain that the fact that SAA’s losses went from R5.6-billion in 2014/15 to R1.5-billion in 2015/16 was good news.

“The fact that we could see . . . an improvement, I am certain sitting here that SAA is going to do effective work, particularly with the talents of board members. It is going to work and we are looking at it very closely. We are more hands-on as government than before,” said Zuma.

“We made it to be under the Treasury, specifically that it should be looked at from the eye of a hawk . . . so I’m confident that we are going to turn it around very quickly.”

Edited by African News Agency

Comments

Showroom

VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.09 0.14s - 163pq - 8rq
Subscribe Now