Telkom’s turnaround is extraordinary but the state may have to forfeit its rare resource to pay the failed airline’s debts
The notice now stands as an unchallenged example of Myeni’s behaviour as a director.
The country stands to slip deeper into crisis unless the lust for loot is stopped. The economy is already in deep trouble.
It has sought legal advice on options to remove the national carrier’s chairperson
The debate about white monopoly capital in post-apartheid South Africa is good for the country’s politics but it tends to come with bad sociology
How the SAA chair allegedly kept executives in line by using the airline’s anonymous ‘whistle-blower’ facility.
The pilots’ association has questioned her ability to lead the airline out of its ‘current financial situation’.
The finance minister says he does not perceive the airline’s chairperson as an ‘all-powerful person who can do what he or she likes’.
The state-owned airline needs to ‘hire a competent, experienced CEO’ as one of the conditions for getting a R5-billion bailout, says Gordhan.
Compromise deal sees the president’s friend Dudu Myeni retained at SAA.
“Dudu is untouchable. She runs SAA as if it’s her own private company and she gets away with it,” said a highly placed former insider.
The airline is facing collapse, and all eyes are on the presidency and treasury to see who blinks first.
Failure to submit regulatory documents to authorities by September 30 will, however, see the airline’s flights to the Chinese territory halted.
SAA says the funding will be used for working and capital expenditure and to help manage outstanding debt.
That South Africa’s national airline is in a parlous state is no longer in dispute.
A Ugandan spook was among those allegedly paid to get damning, but forged, dirt on
Zuma ally Dudu Myeni.
I kind of wish there was a curtain … to separate us from the riffraff about to be locked up with the plane’s landing gear
For all Finance Minister Pravin Gordhan’s talk about reforms, analysts fear state-owned enterprises still pose a risk.
Gordhan shoots down plan for local lease in favour of original swap arrangement. South African Airways retains financial stability.
Former finance minister Nhlanhla Nene left a bit of sanity behind as South African Airways retains financial stability.
The chairperson of the airline apparently resisted until the 11th hour, but treasury put its foot down.
The decision is not political but practical, given the runaway price of crude oil in the past decade.
Even if SAA can be steered off its collision course, whoever remains in the cockpit must manoeuvre the airline through a risky financial landscape.
Interdicts served on several media recently are a hint at yet another attempt to protect SAA boss Dudu Myeni – at the cost of the national airline.
Visa regulations and four other conditions that are giving the South African Airways a bumpy ride.
South African Airways’s new boss, Musa Zwane, believes he can address the company’s problems in five years.
Finance minister Nhlanhla Nene wants someone who knows the industry to head the SAA board.
South African Airways has announced that after reaching an out of court settlement, Monwabisi Kalawe will resign as chief executive and a director.
Suspended SAA boss Monwabisi Kalawe strikes serious allegations against SAA chairperson, Dudu Myeni, and her drive to "control" all SAA decisions.
Carriers in the region have generally taken home a poor safety report card. Don’t write them off yet: there is real hope for the $70-billion industry.
SAA has said it will not honour the business class sale fares it mistakenly offered for its route to Abu Dhabi and has cancelled the tickets.
SA Airways chairperson Dudu Myeni was the victim of a fake offshore bank account hoax to get her fired, various Sunday newspapers reported.