eNCA | Minister Announces SAA Board Members' Replacements

198 views · Published 28 September 2012 · 2:06 · Indexed 6 November 2026

Channel: eNCA · 2012 · News & Politics

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September 28 - Public Enterprises Minister Malusi Gigaba has appointed Vuyisile Kona as the new chairman of South African Airways. This comes after former chairperson, Cheryl Carolus, and seven other members resigned on Thursday.

The minister has denied reports of a crisis, saying the majority of the board was due to be replaced, as their term of office was drawing to a close.

The national carrier, which is reported to be in financial crisis, is hoping for a R6 billion bailout from the treasury. Details of the possible bailout will be announced at SAA's AGM in two weeks.

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