R50bn spent on SAA bailouts 'enough to buy Emirates' says business leader
'We have spent R50 billion on SAA since 1999. If we had not done that‚ we would have bought Emirates Airlines'
11 October 2017 - 07:46
South Africa would have achieved a lot if it were not for its continuous bailout of state entities and state capture‚ CEO of Business Leadership SA Bonang Mohale has said. "We have spent R50 billion on SAA since 1999. If we had not done that‚ we would have bought Emirates Airlines. We would have in 23 years at least had four CEO's that are being head-hunted for being effective and efficient knowing how to run an award-winning airline‚" said Mohale.
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.