Cape Town -
The Portfolio Committee on Public Enterprises said on Wednesday it was
concerned about the latest developments at South African Airways (SAA).
airline’s board on Monday suspended SAA's acting CEO Vuyisile Kona.
Maluleka, chairperson of the committee said SAA had, over the past few months,
experienced multiple resignations from the Board and top executives.
in November, the committee undertook an oversight visit to SAA. When the
committee interacted with the national carrier, members of the committee were
not satisfied with the outcome of the discussions.
presentations made by the SAA Board and its management were unsatisfactory.
committee recommended and appealed to SAA to expand on its strategy and give
regular progress report on implementation. Actually the committee is not
surprised at all with the latest developments at SAA,” Maluleka said.
said governance problems in SAA have affected the execution of a turnaround
included a decision to initially appoint Kona as both acting CEO and acting
have full confidence in the Board and the Minister of Public Enterprises that
they will bring about stability in the entity,” Maluleka said.
brief the committee next week.
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