Vuyani Jarana

latest news & developments
Harith General Partners, one half of the consortium that will take over SAA, has come under scrutiny since the announcement of the national carrier’s new majority shareholder.

SAA creditors give go-ahead on rescue plan

Unions and staff representatives have agreed to severance packages for about 2 700 employees who will lose their jobs.

Even before the first Covid-19 case was confirmed in South Africa, SAA was in as bad shape as it gets (Delwyn Verasamy/M&G)

Without a clear plan, SAA stood no chance

Despite R50 billion being pumped into the state airline, the current collapse was always likely thanks to political appointees, corruption and the ANC not deciding what it wanted…

Thandeka Mgoduso confirmed her appointment by Gordhan on November 19, adding that current acting CEO Zuks Ramasia would remain in her position. (Daniel Born/The Times/Gallo)

Gordhan announces an executive chairperson for crisis-hit SAA

‘Unique’ situation effectively gives airline two CEOs

Stop gap: Martin Kingston of Business for South Africa, backs the effective but safe use of retirement funds and savings. (Paul Botes/M&G)

SAA set for showdown with labour

Unions cite board apathy and lack of communication as they prepare for a strike that could cripple the state airline’s operations

Yet another SAA exec suspended

Vuyi Raseroka is the latest executive at the crisis-prone airline to have their wings clipped

Crashed: SAA board chair JB Magwaza (left) received a letter of complaint from former SAA group chief executive Vuyani Jarana saying trust had frayed with three board members, including Martin Kingston. (Paul Botes/M&G)

SAA recovery plan loses direction

Despite millions being spent on consultants and assurances of a turnaround, the state’s airline has ‘nothing to show for it’

SAA chief executive Vuyani Jarana. (Reuters/Siphiwe/Sibeko)
Video

LIVESTREAM: SAA board briefing on Jarana’s resignation

The board of SAA will brief the media on the resignation of chief executive Vuyani Jarana

Vuyani Jarana resigned from his position as CEO at SAA. (Elizabeth Sejake/Gallo)

Inside the SAA battle: Throwing toys and bugging boardrooms

The chief executive has resigned but most unions are backing him and the board has yet to respond

Deputy President David Mabuza seems to have the upper hand in the ANC’s ongoing factional battles. (Theana Breugem/ Beeld/Gallo Images)

Rumours swirl that key SOEs will report to Mabuza

In the past week, factions have used Jarana’s resignation as a tool in a bid to shake the powers of Public Enterprises Minister Pravin Gordhan

The public enterprises minister has said there have been deliberate attempts to undermine the transaction, which is aimed at rehabilitating the airline. (Gulshan Khan/AFP)

Government ineptitude taints Pravin

With the state not taking tough decisions on its struggling state-owned enterprises, Gordhan’s detractors will continue to question his agenda

Vuyani Jarana resigned from his position as CEO at SAA. (Elizabeth Sejake/Gallo)

SAA, Jarana impasse turns nasty with probe into leaked resignation letter

The resigned SAA CEO is now under investigation over the leaking of his resignation letter to the media

Vuyani Jarana resigned from his position as CEO at SAA. (Elizabeth Sejake/Gallo)

LISTEN:Understanding the state of SAA

M&G investigative journalist Sabelo Skiti spoke to Eusebius McKaiser about SAA after their CEO resigned at the weekend

Mad scramble to secure broke SAA December salaries  (Photo Archive)

Mad scramble to secure broke SAA December salaries

SAA has received R15-billion in government bailouts in the last year

SAA chief executive Vuyani Jarana recently survived a move to push him out. (Elizabeth Sejake/Rapport/Gallo)

High-level turbulence rocks SAA

An atmosphere of mistrust hangs over the airline’s board, its chief executive and its minister

(Delwyn Verasamy/M&G)

SAA needs R3.5 billion by March, says interim CFO

SAA has been working closely with National Treasury and the department of public enterprises to steer itself to profitability