Dudu Myeni gets kicked off SAA board

SAA chair Dudu Myeni has been removed from the board by President Jacob Zuma and will be replaced by JB Magwaza.

Aviation expert and editor at SA Flyer Magazine, Guy Leitch says the changes to the board came as a surprise but are good news.

This has indeed been a welcome surprise because under Dudu Myeni's leadership SAA has incurred unprecedented losses.

Guy Leitch, Aviation Expert and Editor at SA Flyer Magazine

Here is the list of the shake-up:

Removal

Dudu Myeni - Teacher
Tryphosa Mmakeaya - Accountant
Mzimkhulu Malunga - Journalist
Siphile Buthelezi - Legal
Nazmeera Moola - Investec
Gugu Sipamla- Journalism

Retaining

Swazi Tshabalala- Economics and Master in BAdmin
Peter Tshisevhe - Legal
Thandeka Mgoduso- Clinical psychology and HR
Pieter Maluleka - Leadership
Akhter Moosa - Accountant

Addition

JB Magwaza - Chair
Nolitha Fakude - Deputy chair
Geoff Rothschild - Business
Aviation expert - Ahmed Bassa
Tinyiko Mhlari - Accountant -( young)
Martin kingston - Business

According to reports, it was a consortium of private lenders that upped the pressure that resulted in the removal of Myeni from the SAA board.

Leitch says not a great deal is known about the incoming chairperson, Magwaza, except that he has been described as a veteran corporate executive and has served on numerous boards since the 1990s, including that of Anglo American.

He has got the gravitas, the experience, and skills to do a good job. There's no hint or whiff of scandal around him. He can only be an improvement on the current chair, Myeni.

Guy Leitch, Aviation expert and editor at SA Flyer Magazine

I am optimistic that we are seeing a substantial quality in the improvement of the board and hopefully the board will adopt a more hands-off approach to running the airline because there's been too much interference in the work of the CEOs in the past. We have seen four CEOs come and go in the past five years.

Guy Leitch, Aviation expert and editor at SA Flyer Magazine

Leitch says the new board needs to focus on the implementation of the turnaround plan. Many strategies have never implemented.

Too often politics have gotten in the way of implementations, particularly when it comes to difficult decisions like job cuts.

Guy Leitch, Aviation expert and editor at SA Flyer Magazine

What we need is a board that has the guts to stand up to interference from government and let the CEO get on with the job.

Guy Leitch, Aviation expert and editor at SA Flyer Magazine

To hear the rest of the interview, listen below:


This article first appeared on CapeTalk : Dudu Myeni gets kicked off SAA board


Recommended

by NEWSROOM AI
Read More
BREAKING: SAA board set for a major shake up

BREAKING: SAA board set for a major shake up

The SAA chair Dudu Myeni along with other members have been removed from the national carrier board.

SAA Acting CEO confident unions will accept offer to avoid strike action

SAA Acting CEO confident unions will accept offer to avoid strike action

SAA warned that its operations may be disrupted after one of the labour unions served the airline with a notice of a strike.

'I’m not captured! We’re not captured at National Treasury!'

'I’m not captured! We’re not captured at National Treasury!'

The Money Show’s Bruce Whitfield interviews Director General Dondo Mogajane.

Is National Treasury under siege?

Is National Treasury under siege?

City Press reporter, Sipho Masondo, says Treasury officials are accusing Finance Minister Gigaba of “capturing” National Treasury.

Cosatu strike report from three cities

Cosatu strike report from three cities

Listen to EWN reporters' update reports on the nationwide strike that is currently underway in SA's nine provinces.

You saw what happened at Eskom and SAA! - Dennis George (Fedusa)

You saw what happened at Eskom and SAA! - Dennis George (Fedusa)

Bruce Whitfield interviews Eyewitness News Senior Reporter Barry Bateman and Fedusa General Secretary Dennis George.

Gigaba, PIC board present united face at press briefing

Gigaba, PIC board present united face at press briefing

PIC board members stood by Finance Minister Malusi Gigaba who denied reports of plot to raid the pensions of government employees.

Malusi Gigaba and PIC locked in crucial meeting

Malusi Gigaba and PIC locked in crucial meeting

Reports have suggested National Treasury is eyeing PIC coffers and wants R1 Billion to bail out state-owned entities.

PIC media reports are misleading - Treasury

PIC media reports are misleading - Treasury

According to reports, CEO Dan Matjila claimed certain people wanted him removed so they could have "easier" access to PIC assets.

Meet Outa's Wayne Duvenage; fighting etolls, Eskom (and others) on our behalf

Meet Outa's Wayne Duvenage; fighting etolls, Eskom (and others) on our behalf

Ray White interviews Wayne Duvenage, Chairperson at the Organisation Undoing Tax Abuse (OUTA).

Popular articles
This mess that is Eish-kom, is the ANC's doing, says Eusebius

This mess that is Eish-kom, is the ANC's doing, says Eusebius

Eusebius McKaiser and callers discuss Ramaphosa's comment that South Africans will overcome load shedding like they did apartheid.

South Africa can have cheap electricity, forever! – former Eskom engineer

South Africa can have cheap electricity, forever! – former Eskom engineer

The Money Show’s Bruce Whitfield interviews Dr Tobias Bischof-Niemz, CEO at ENERTRAG South Africa.

Meet Sandile Shabalala, CEO of black-owned and controlled TymeBank

Meet Sandile Shabalala, CEO of black-owned and controlled TymeBank

TymeBank has no branches and no monthly fees. Most transactions are free. Bruce Whitfield interviews its CEO.

Survey reveals SA teachers 'emotionally overwhelmed'

Survey reveals SA teachers 'emotionally overwhelmed'

A report has revealed that many teachers feel overwhelmed and often feel they must step into the role of a 'proxy parent'.

[WATCH] 'We don't accept white people' says BLF registering for May elections

[WATCH] 'We don't accept white people' says BLF registering for May elections

Black First Land First (BLF) leader Andile Mngxitama made its exclusionist policy clear when registering at the IEC on Wednesday.

FMF trauma will take years to overcome - award-winning activist Fasiha Hassan

FMF trauma will take years to overcome - award-winning activist Fasiha Hassan

Hassan won an international peace prize for her role in Fees Must Fall campaign. She spoke about the student movement and more.

'There are a lot of stereotypes around women footballers' - Amanda Dlamini

'There are a lot of stereotypes around women footballers' - Amanda Dlamini

The former Banyana Banyana captain says she had to balance school and football to end the stereotypes around the beautiful game.