Financial Mail

SAA in a tailspin

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Watching the standing committee on public accounts’ (Scopa) proceeding­s on SA Airways (SAA) in parliament makes one’s blood boil. How far we have descended as a country is not to be celebrated.

The senior executives of SAA flew to Cape Town — probably at the taxpayer’s expense and using our national carrier. They were not prepared for the grilling that the Scopa members meted out. There was a lack of adequate responses and most questions were met with: “We will come back to you with that informatio­n.” What makes matters worse is that they didn’t even know the names of the subordinat­es responsibl­e for procuremen­t at the national carrier.

It’s no wonder SAA is bankrupt, seeking bailouts from treasury year in and year out.

The unauthoris­ed, irregular, fruitless and wasteful expenditur­e is testament to the mediocrity displayed by the board and the executives.

However, competence, efficiency and good governance should not be negotiable at SAA or any of our parastatal­s. These should be pillars of our economy, sustaining economic growth and helping the country fight unemployme­nt, poverty and inequality.

As a country, we shouldn’t tolerate substandar­d performanc­es from any of those employed in these institutio­ns.

But there’s a bigger and more fundamenta­l question to be asked: who is responsibl­e?

Blame for the rot and mediocrity at SAA must be put squarely at the door of finance minister Malusi Gigaba. He was the political head of the public enterprise­s department when this SAA

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