BUSINESS MAVERICK ANALYSIS: SAA: Time for a Business Unusual approach

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BUSINESS MAVERICK ANALYSIS: SAA: Time for a Business Unusual approach By Sasha Planting sashaplanting

The most curious thing about the departure of Vuyani Jarana as CEO of SAA is that the board accepted the notice of a man whose resignation letter was so eloquent that everyone reading it was grateful they were not in his shoes.

In addition, he walked into an organisation that between 2009 and 2017 was run as the personal fiefdom of former chair Dudu Myeni. Many of her henchmen and -women remain in the enterprise and are resistant to any form of change, causing him grey hair and huge frustration. Finance was another vexed issue. Leaving aside the issue of debt and SAA’s recapitalisation for a moment, Jarana was frustrated by the time it took to get financial decisions approved. The Public Finance Management Act, it is claimed, is not onerous, but it is if you are used to acting on decisions first and ratifying them at board-level later – as Anoj Singh did while CFO at Transnet and Eskom.

And this is where the government, too, should take stock, because responsibility is a two-way street.

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sashaplanting What bs article, a donkey speaking!!!!!

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