The interim board will serve until the airline's chosen strategic equity partner, the Takatso Consortium, becomes involved.
Takatso has made it clear that it will not take up the agreed 51% stake in SAA until all historic debt of the airline has been settled. Despite SAA getting R1 billion in Budget 2023 to settle historic debt, the DPE estimates about another R2.5 billion is needed for that purpose. "To support SAA in achieving its goals, we have put in place strategies and plans that align with the airline's vision and objectives," Minister of Public Enterprises Pravin Gordhan says in the statement.In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today.
_Business Remo rata kaofela
_Business Yô!!!!
_Business CR22 Campaign
_Business
_Business 'comrades must eat...' parafin
_Business Wasting tax payers money, useless communist
_Business You can't trust Derek.
_Business What kind of aviation experience does Derek Hanekom bring to the airline? Or is it jobs for pals scheme?
_Business We are being taken for a ride in this country 🤞🏽 let them continue one day it’ll crumble
_Business He stomachist sang for his supper and he was rewarded
_Business And then
_Business U are doing great Mr President
_Business There is no change in this New Dawn. Recycling the same people that got us here as a country
_Business Who can honestly vouch that we're not ruled by askaris?
_Business More board members than they have aircraft.
_Business What are his qualifications?
_Business Another day, another futile Cadre deployment! L🙄 I guess, like with the minister of electricity, SAA can expect Zero improvement!
_Business Cadre deployee. A leopard never changes it's spots. These black power thugs just don't get it. They continue to parachute useless idiots into these positions. It achieves fokol!
_Business Kalašane no.1,SAA is gone,boBraam are going to be shareholders
_Business Yeah right,selling state assets for a song.Sithule nje siyababuka ohannekom.
_Business What does he know?
_Business What the faaaaaack? Is he even qualified to do the job He sucked as Tourism Minister!
_Business Derek_Hanekom This is what they should have done from the beginning,don't take the job...it's a set up.
_Business Apartheid spy
_Business It's finally his tim to eat again?
_Business This is a trap..they are setting him up just like they did with Andre de Ruyter.
_Business Why appoint a 70 year old retired politician as SAA interim chair when there are capable people who have run airlines out there I used to think the EFF was on a witch-hunt against Mr Pravin Gordhan. But one has to admit they were right: Eskom, SAA & other SOEs have all collapsed
_Business Clueless pensioner, deployed. His singing Ramaphosa re mo rata kao fela paid off..
_Business Aaah yes, here we go again .... the jobs for comrades brigade strikes again
_Business But but … his white!? How Why?
_Business The ANC and its obsession with fossils
_Business He is very much qualified. He has even been a passenger on SAA.
_Business Racist Shit, Pinky-pinky is back
_Business Wow thieves have many colors ☠️ just saying
_Business 🤣🤣🤣
_Business The man with a squeaky clean political track record..if he was black we would say this is black excellence!!
_Business I ask myself what makes a once vibrant & active minister in the government's state of affairs become so quiet as if he never loved & participated in the upliftment of SA-it is Mr. Jeff Radebe I'm talking about, it means things are not to be trusted about some at face value.
_Business He should say no “thank you” did he learn nothing from the mess at Eskom? It’s always the last guys fault!!!! And he is white!! Another scape goat .
_Business Is he not retired, a whole 70 year old 🤷🏽♂️
_Business Cadre deployment still going strong with the MYANC PresidencyZA CyrilRamaphosa ParliamentofRSA
_Business cANCer cadres shuffling the snouts around the trough again! 😏🤮🚮
_Business Saa is gon
_Business Crooks are at it again same recycled old time friends ….
_Business Amen
_Business He defended him well
_Business Sounds like the white man has to do the cleanup job while the boss still gets the big paycheck. An ANC who should have gotten fired, but they decided to keep him on board and just hire someone to do the dirty work and gets all the blame! Like André!
_Business Oh boy....
_Business 🧐🧐🧐
_Business Dancing for his supper. Just like that Carl guy.
_Business niehaus_carl what are they doing?
_Business If every employee in SAA received R10mil mahala from Govt to start a business, we would have save the same amount in bailouts.
_Business Comrades look after one another.
_Business Aowa bathong
_Business Sise kakeni💩💩💩
_Business 🤔 Why am I not surprised
_Business Shouldn't he and his boss be on retirement?.
_Business You see how they were jealous of Dudu Myeni a black woman being chairperson of SAA, they wanted it for themselves! President Zuma waze wasishiya sithwele iDombolo😭😭
_Business Gosh, from being a useless minister to being deployed as chairman at SAA...we honestly need to get Our_DA in power next elections
_Business Hamba mgodoyi
_Business
_Business I guess Comrade Derek's pension just wasn't cutting it. And Lamola's only claim to fame is a stint at Denel up to 2001. What a fucking joke🤣🤣🤣🤣
_Business Jobs for pals scheme
_Business Ag vrek nou gaan daar gese word witmense het saa opgeneuk...
_Business It must be nice to be Cyril
_Business Hawu🤣🤣
_Business He was twerking for Cupcake hence the appointment
_Business Oh fok …