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 …
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 …
SAA to get R10bn bailout from sale of government stake in Telkom
Cash-strapped SA Airways is to get a R10-billion bailout through the sale of the government’s multibillion-rand stake in Telkom, parliament was told on Wednesday. DA MP Alf Lees dropped the bombshell in the National Assembly during question time with Deputy Read More …
No support for Dudu at parliament’s portfolio committee
The SAA board did not seem likely to support their chairman in parliament after it came to light that the airline suffered a loss of R4,683 billion in the last financial year. The entire board had to appear before the Read More …
SAA Boss Dudu Myeni: ‘I’m A Transformation Hero’ – Read Her Astonishing Letter To Parliament
Who is a bigger clown in South Africa’s state-owned entities: SAA chairperson Dudu Myenior SABC propaganda czar Hlaudi Motsoeneng? That was the question being batted around after Parliamentarians read a letter from Myeni explaining why she won’t resign from heading 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 …