If true‚ Dudu Myeni’s rumoured retention as South African Airways (SAA) board chairperson “would be a massive political defeat for Finance Minister Pravin Gordhan”‚ and “make a sovereign downgrade even more likely”.
The Democratic Alliance’s Alf Lees said it “would be negative for the South African economy and the forthcoming ratings assessments where international agencies are looking closely at how state-owned enterprises are managed”.
“It is also deeply suspicious that the post-Cabinet briefing has been postponed given the crisis surrounding SAA‚” he added.
Myeni’s inclusion on a list submitted by the finance minister at that meeting was reported to be a compromise between Gordhan and President Jacob Zuma‚ who have reportedly clashed for several months.
“Myeni and her board have simply ignored minister Gordhan and all warnings. They have‚ in our opinion‚ recklessly continued to run SAA into the ground and to the brink of liquidation‚” said Lees.
“Her re-appointment would be bad for SAA‚ bad for our economy and bad for Pravin Gordhan.” – TMG Digital
‘Myeni’s reappointment would be bad for SAA‚ the economy and Gordhan’: DA
If true‚ Dudu Myeni’s rumoured retention as South African Airways (SAA) board chairperson “would be a massive political defeat for Finance Minister Pravin Gordhan”‚ and “make a sovereign downgrade even more likely”.
The Democratic Alliance’s Alf Lees said it “would be negative for the South African economy and the forthcoming ratings assessments where international agencies are looking closely at how state-owned enterprises are managed”.
“It is also deeply suspicious that the post-Cabinet briefing has been postponed given the crisis surrounding SAA‚” he added.
Myeni’s inclusion on a list submitted by the finance minister at that meeting was reported to be a compromise between Gordhan and President Jacob Zuma‚ who have reportedly clashed for several months.
“Myeni and her board have simply ignored minister Gordhan and all warnings. They have‚ in our opinion‚ recklessly continued to run SAA into the ground and to the brink of liquidation‚” said Lees.
“Her re-appointment would be bad for SAA‚ bad for our economy and bad for Pravin Gordhan.” – TMG Digital
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