Streaming issues? Report here
Clement Manyathela 1500 x 1500 2020 Clement Manyathela 1500 x 1500 2020
The Clement Manyathela Show
09:00 - 12:00
volume_up
volume_mute

Up Next: The Midday Report with Mandy Wiener
See full line-up
The Clement Manyathela Show
09:00 - 12:00
Home
arrow_forward

SAA CEO Vuyani Jarana 'resigns' - reports

2 June 2019 2:48 PM
Tags:
SAA
SAA CEO Vuyani Jarana
Jarana resigns

It's reported Jarana cited the embattled airline's rising debt among his reasons for quitting.

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


2 June 2019 2:48 PM
Tags:
SAA
SAA CEO Vuyani Jarana
Jarana resigns