SAA CEO Vuyani Jarana 'resigns' - reports

It’s being reported that South African Airways (SAA) chief executive officer Vuyani Jarana tendered his resignation on Thursday.

Jarana was appointed as head of the beleaguered airline in November 2017.

His resignation letter apparently cites rising debt levels among his reasons for quitting.

He also says slow decision-making is jeopardising SAA's turnaround strategy.

Read: Comments on the uncertainty about SAA's future undermines the overall business

It's expected Jarana will serve out a three-month notice period.

Just over a week ago, Phakamani Hadebe announced his resignation as CEO from state utility Eskom, for health reasons.


This article first appeared on CapeTalk : SAA CEO Vuyani Jarana 'resigns' - reports


Recommended

by NEWSROOM AI
Read More
[WATCH] Protesters 'hijack' excavator during N12 demonstrations

[WATCH] Protesters 'hijack' excavator during N12 demonstrations

Ten protesters have reportedly been arrested for forcing contractor to dig up portion of side road.

Toy Story 4: 'Life lessons, a long road trip and beautiful animation'

Toy Story 4: 'Life lessons, a long road trip and beautiful animation'

Critic Gayle Edmunds reviews the fourth film in the popular franchise.

Govt departments should do more to support teenage mothers - Community activist

Govt departments should do more to support teenage mothers - Community activist

LeadSA interview: ActionAid's Judy Kennedy says new mothers returning to school are not getting the help they desperately need.

There is too much red tape around comedy in SA - Desmond Dube

There is too much red tape around comedy in SA - Desmond Dube

The actor and comedian talks about his career and the state of theatre and community theatre in South Africa.

Comments on the uncertainty about SAA's future undermines the overall business

Comments on the uncertainty about SAA's future undermines the overall business

CEO of SAA, Vuyani Jarana, says what the Finance Minister said to investors in New York has caused panic in the market.

SAA CEO justifies millions spent on execs and consulting firms

SAA CEO justifies millions spent on execs and consulting firms

Vuyani Jarana explains why he is spending millions of rands to address a severe skills shortage at the the airline.

Popular articles
[WATCH] Dad diving over pool fence to save young son, has social media talking

[WATCH] Dad diving over pool fence to save young son, has social media talking

Khabazela shares tweets and Facebook posts that have gone viral.

[LISTEN] SANDF responds to hijab saga, says it's governed by a dress code

[LISTEN] SANDF responds to hijab saga, says it's governed by a dress code

The South African National Defence Force says members are expected to wear the recommended uniform.

'Domestic workers are entitled to 21 consecutive days of paid annual leave'

'Domestic workers are entitled to 21 consecutive days of paid annual leave'

Socio-Economic Rights Institute's Kelebogile Khunou says for living-in workers you cannot deduct more than 10% for accommodation.

The EFF is behaving like Zodwa Wabantu in Parliament, caller tells Eusebius

The EFF is behaving like Zodwa Wabantu in Parliament, caller tells Eusebius

702 listeners on the Eusebius McKaiser show share their views on the conduct of the political parties during the Sona debate.

[WATCH] SA youth choir shines on America's Got Talent with 'My African Dream'

[WATCH] SA youth choir shines on America's Got Talent with 'My African Dream'

The Ndlovu Youth Choir's beautiful performance got 4 yesses from the judges, including Simon Cowell!

TymeBank CEO Sandile Shabalala quits

TymeBank CEO Sandile Shabalala quits

Shabalala says he wants to spend more time with his family. Bruce Whitfield interviews portfolio manager Kokkie Kooyman (Denker).

Average salary in SA is R6400 per month, but 70% of workers earn less

Average salary in SA is R6400 per month, but 70% of workers earn less

About 29% of workers earn less than the R3500 national minimum wage, says Anish Shivdasani, CEO at Giraffe.

Discovery Health acted illegally and a patient died - Medical law consultant

Discovery Health acted illegally and a patient died - Medical law consultant

Shafrudeen Amod from Medisyn Clinical Consulting says the scheme could have paid the patient directly.

Investec gives staff unlimited leave days and freedom to wear what they want

Investec gives staff unlimited leave days and freedom to wear what they want

The bank rewards innovation with substantial bonuses and pays according to output not hours at work, says Lesley-Anne Gatter.