Should GEPF bail SAA out?

CityPress - - Voices - Rod­ney John­ston KwaZulu-Na­tal

CH Roos KwaZulu-Na­tal

No, I do not agree un­der any cir­cum­stances to the Govern­ment Em­ploy­ees’ Pen­sion Fund (GEPF) help­ing SAA out.

Frikkie Els Western Cape

Ab­so­lutely not. What mad­ness! If they do con­sider such a move, they should first get the go-ahead in writ­ing from at least 75% of their mem­bers.

Lu­cas Ed­wards North West

The GEPF must not al­low this. This money will never be re­cov­ered.

Vuyo KwaZulu-Na­tal

No, it shouldn’t be loaned. SAA must be fran­chised. Its fi­nan­cial is­sues stem from its ex­tremely poor man­age­ment. It is run by the rul­ing party with no avi­a­tion ex­pe­ri­ence. Most def­i­nitely not. The GEPF must not lend SAA any money. State-owned en­ter­prises must em­ploy com­pe­tent peo­ple in all their struc­tures and, if they can’t do that, they must be pri­va­tised.

Ma­soga Gaut­eng

Yes, a prof­itable air­line is a bril­liant in­vest­ment. Change the board, in­sti­tute crim­i­nal cases against loot­ers and ac­com­plices. There should be 100% com­pli­ance with the King IV Re­port on Cor­po­rate Gov­er­nance, restruc­tur­ing and re­form, plus a new fleet with lo­cal­i­sa­tion in the deal. A R1 tril­lion in­vest­ment for the en­tire process must go into the South African in­dus­try.

Son­wa­bile Mack via SMS

No, the GEPF should first con­sider lend­ing money to contributing work­ers when they are in debt.

David Limpopo

It’s both a po­lit­i­cal and eco­nomic joke. We are mis­di­ag­nos­ing the dis­ease that af­fects SAA; the problem is about lead­er­ship, not money. SAA needs state in­ter­ven­tion such as that at the SABC in­quiry. GEPF must be prin­ci­pled.

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