SOUTH African Airways chairwoman Dudu Myeni was retained for one year to ensure there was continuity in the management of the board, Finance Minister Pravin Gordhan told Business Day.Following last week’s appointment of 11 new directors to the floundering parastatal, Gordhan said the board now had a much stronger balance."The chairperson will have to work as part of a team and not work as a dictator," said Gordhan.Myeni, who is executive chair of the Jacob Zuma Foundation, has been SAA chief since 2009. In that period, she has overseen a sharp deterioration in what had been a weak financial performance.The minister added that the chairperson could not continue doing things with the new board that might have been done in the past. The Treasury was due to meet with the new SAA board on Friday to discuss a new memorandum of understanding.Speaking at the Open Book Festival in Cape Town on Thursday, he said the agreement would set out how the airline needed to operate. "The next stop is ...
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