SAA is bleeding the country dry
I HAVE never been a fan of Minister of Finance Malusi Gigaba.
There is something about his methodical gait and prissy manner that provokes dislike. A President Jacob Zuma emissary, he has risen like a phoenix from the ashes to announce a rescue contrivance for SAA. SAA is a “coconut airway”, just like the song – pachydermous on the outside and hollow on the inside. Now Gigaba, rattling sabres, embarks on a conversion as dramatic as Paul on the road to Damascus.
While palliative moves are essential to keep the airline from nose-diving, SAA has always been like a butterfly looking to escape its flawed chrysalis. SAA operates daily flights to Washington and New York, yet 76 US nationals are employed by them, of which 57 are based at an office in Fort Lauderdale, Miami.
This ghost office continues to pay these employees an average of R65 328 per month, about R4.96 million per annum.
This was just one of the gross operational shortfalls due to poor leadership by Dudu Myeni which was revealed in the ENSAfrica forensic audit.
Indian billionaire Anand Mahindra recently said he was not brave enough to take in debt-laden Air India after the Indian government said it would privatise the ailing national carrier. Air India is reeling with a deficit of R104 billion, which has prompted the government to sell it off.
Gigaba appointing a new chief executive may be apocryphal. How do we stop the rape of state coffers by SAA?
How do we stop airline’s rape of state resources?
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