Financial Mail deputy editor Sikhonathi Mantshantsha says South African parastatals have been run by unemployed African National Congress (ANC) cadres who are told by politicians what to do.
Mantshantsha says the South African Airways (SAA) Board Chair Dudu Myeni, nominated to serve in the position for another term, has no knowledge about the airlines.
For the past seven years, all our parastatals, particularly SAA, Trasnet, Eskom, have been run by unemployed cadres of the ANC who do exactly what they are being told by political bosses.— Sikhonathi Mantshantsha, Financial Mail deputy editor
He says there is a need for a turn around strategy.
Pravin Gordhan will have to satisfy himself that he is lending against a workable turn around plan. Who is going to do that if SAA does not have a chief financial officer and chief executive.— Sikhonathi Mantshantsha, Financial Mail deputy editor
More than half of the executive committee has been fired by Dudu Myeni and she is in charge. And she knows absolutely nothing about airlines, just like you and I do.— Sikhonathi Mantshantsha, Financial Mail deputy editor
Listen to the full interview below...