Former minister of tourism Derek Hanekom has been appointed as interim non-executive director and chairperson of South African Airways (SAA).🏛️PublicEnterprises
“This distinguished and diverse team boasts expertise across various fields, including aviation, chartered accounting, corporate financial management, legal, human resources, economics, public policy, investment, and transactions.”Ex-SAA board member Yakhe ‘Fat Cakes’ Kwinana fined R6.
It wants to be sure all prior liabilities of SAA have been finalised in accordance with the business rescue plan…” it said.getting R1 billion in the 2023 budget to settle historic debt, the DPE estimated about another R2.5 billion was needed for that purpose. However, that figure was reduced and total balance from National Treasury was brought down to R2.5 billion.in achieving its goals, we have put in place strategies and plans that align with the airline’s vision and objectives,” Minister of Public Enterprises Pravin Gordhan said.stated that the appointment of this interim board underscores unwavering commitment to the success and stability of SAA.
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