As in all scientific questions, there are laws of nature that we as mere mortals are constrained to obey. Thus it is that the humans of Earth need to understand intimately the Law of Holes. There are, in fact, two laws of holes: the first law of holes, ...
The first law of holes is known by most: If you find yourself in a hole, stop digging. The second law of holes is less well known but no less important: When you stop digging, you are still in a hole.
But having made the correct decision regarding the first law of holes, the government is doing an absolutely abysmal job of recognising the second law of holes. The whole process, so to speak, has been a terrible mess and it got worse this week when a luminary of the aviation industry, Gidon Novick, resigned from the board of the consortium.
“Just because he happens to be somebody with experience somewhere in his past, as all of us do, doesn’t discredit everybody else, nor does it mean that what he puts on the table is something that one must take seriously,” Gordhan said.Well, forgive me but that is a massively short-sighted and misguided statement. Novick was the CEO of Comair for many years as well as the founder of Kulula.com.
This is because, it turns out, Gordhan did not take the Treasury fully into his confidence before signing the deal with Takatso, which understandably pissed off the Treasury. This was more than just a communication issue, since the agreement with Takatso requires the government to cover R3.5-billion in SAA’s remaining debt.
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