Duel at the top keeps SAA in doldrums
Malusi Gigaba unhappy about 'stubborn' board chair and her deputy
Instability and disunity within the board of ailing state airline SAA are placing the continued tenure of deputy chairwoman Tryphosa Ramano in jeopardy. Business Times has learnt that infighting between SAA chair Dudu Myeni and Ramano has become a matter of concern for Finance Minister Malusi Gigaba who, it is alleged, believes it has hurt the national carrier. Ramano, who is expected by many to become chairwoman when Myeni departs in two weeks' time, could also find herself out in the cold, Treasury insiders say. "The minister is not happy about it, as they can't do things that require intervention as long as they are so busy dealing with each other," said a source. "Both are stubborn and it's unhealthy that they can't put their issues aside for the sake of the airline." Gigaba's displeasure with Ramano and Myeni, say Treasury sources, centres on his recent discovery that the new board failed to act on two investigative reports, one by EY and the other by law firm Edward Nathan Son...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.