This is not a free pass! It’s to give the board sufficient time and space to turn SAA around.— Unathi Sonwabile Henama
The R4.7 billion loss suffered by SAA must be its last, says Unathi Sonwabile Henama, a lecturer at the Department of Tourism Management at Tshwane University of Technology.
Henama says SAA can use Telkom as a case study into turning a State Owned Enterprise (SOE) into a profitable entity.
He says that the appointment of a “fit and proper” SAA board has been overshadowed by the re-appointment of Dudu Myeni as SAA board chairperson.
I am of the firm view that the SAA board must be given its 100 days, with limited public and media scrutiny.— Unathi Sonwabile Henama
The Money Show’s Bruce Whitfield interviewed Henama.
Listen to the audio below for more detail.
10 most-read “The Money Show” articles of the past week.
Every day in SA feels like being in a boxing ring. Agility is key to you thriving amidst the flurry of jabs, hooks and uppercuts.
There is often a serious disconnect between what an owner thinks her property is worth and how it will be valued by lenders.
If these five points check out; then you’re good to go, says personal finance advisor Warren Ingram.
The Money Show’s Bruce Whitfield interviews Alf Lees, Shadow Deputy Minister of Finance at the Democratic Alliance.
Comair is thought to be the only airline to have achieved profits for 70 consecutive years. Bruce Whitfield interviews its CEO.