JOHANNESBURG - South African Airways can't be saved. That's the view from the Free Market Foundation.
This follows the announcement that the airline will be undergoing radical restructuring aimed at ensuring operational and financial sustainability.The foundation's Terry Markman, says politicians should keep away from State-Owned Entities. "SAA hasn't made a profit for 10 years and we think it owes something like 20-30 billion rands. All this restructuring hasn't helped."
Sorry but true!
africaupdates Saa ngapi
Maybe the owner of this media house want to buy SAA Rup pet is a scam and the narrative u pushing is too obvious
Why is private business interested in a busy that can’t be saved
LandNoli They should tell that to the people lining up to buy this thing that 'can't be fixed'. They're pimping this story bcos they want SAA & they want to pay with trinkets n mirrors, an old 1652 trick! But they need us to play along to make them look good.
If saa cant be saved how is private sector interested in a dead horse? I think saa buyers are going to be foreign owned companies thus enhancing capital outflows,tax evasion and foreign country enrichment!
I think they must make a break down as to where the money is being lost, we can't have 58 mil South Africans and tell me that no one can run an Airline. Those who want to privatise have already lined up their pockets. Let's just not be patronized. Ke 2019, not stupid
It's on sale
And who funds free market foundation? Why? What's their mandate? Why are they relevant?
Can ANC just be honest with the citizens that they can't govern. And let us elect young, energetic, none racial, uncorruptable and decisive government. Not these circus the country has been reduced to. Period.
Ok lets close it and all board members must go home. Pravin step down. No privatisation finish a nd klaar
Yoh, foundations have more say than government structures ever since the New Dawn took over. Even overseas foundations.
BS!! Its been set up to benefit political connections.
If MYANC cannot arrest and prosecute the thugs stealing at SAA they can't manage an economy. They are criminals thugs & daylight robbers. LOCK THEM UP!
The management caused the biggest problem and they loosing over 2 million a day
Close it down or sell it to a private company
The unions was the last nail in the coffin.
What can with ANC 'fingers' in control?
we know yal want all state woned entities to be privatised so uhm, relax
Now WMC is calling the shots, their pre-paid president must implement their orders. Who the Hell is Free Market Foundation anyway? Do they represent the will of majority of South Africans which is Black people?
The only way to defeat these capitalist vultures from enslaving the SA economy through privatization is by recalling Ramaphosa. The collapse is the doing of the ANC yet they are quick to accuse the EFF of being 'complicit' with their own degradation. Fix your mess!
BUT NO, it has to remain as a SOE. Experts know nothing...Our capable government has ALL the answers.
Who needs SAA but let's save Dudu . Shame poor soul facing delinquency case.
Sell it!
Tsek Free Market Foundation
SAA will be saved and this imperialist agenda of privatizing SAA won’t work!!! Hands off our airline
Think of SAA as a microcosm for South Africa as a country.
Close it down
Coleman Andrews collapsed SAA; not once has he been held accountable. He sold the aircraft and was given over R200 million as golden handshake. SAA never recovered. Not once has he been made to account instead you harrassing Dudu Myeni who made decisions with an entire board.
The great 12 CEO want to sell it Now, Job well done Mr PG.
vhmracing Thank the lord shut it down
We've heard that before. And then tax payers pay billions only to hear they are 'technically insolvent', year upon year. Close the shop!
Yes it can not be saved because you want to auction it to your friends and relatives
Even a white person with white hair cannot save it
Please tell NUMSA
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