Just when will President Cyril Ramaphosa acknowledge that SAA, and similarly Eskom, Denel and most state-owned entities (SOEs), have been so looted by the ANC that they are unfixable? Under no circumstances should any more public money and/or state guarantees be poured down that drain. (“SAA confirms it has cancelled flights to conserve cash (https://www.businesslive.co.za/bd/national/2020-01-21-saa-confirms-it-has-cancelled-flights-to-conserve-cash/)”, January 21).

Les Matuson’s purported “business rescue” plan for SAA is a non-starter. What investor in his right mind would participate in any so-called “privatisation”, just to have ANC cadres breathing down his neck? SA has numerous higher priorities than a national airline, or an antiquated coal-based electricity grid, or an arms industry that colludes with Saudi Arabian and United Arab Emirates war crimes in Yemen...

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