https://www.polity.org.za
Deepening Democracy through Access to Information
Home / Statements RSS ← Back
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

DA: Alf Lees says Gigaba has no choice but to fire Myeni


Close

Embed Video

DA: Alf Lees says Gigaba has no choice but to fire Myeni

Finance Minister Malusi Gigaba
Photo by Bloomberg
Finance Minister Malusi Gigaba

21st September 2017

ARTICLE ENQUIRY      SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

/ MEDIA STATEMENT / The content on this page is not written by Polity.org.za, but is supplied by third parties. This content does not constitute news reporting by Polity.org.za.

The DA wrote to the Commissioner of the Companies and Intellectual Properties Commission (CIPC) and received confirmation that Dudu Myeni’s continued appointment as SAA Board Chairperson and a Director is deemed to be illegal.

Finance Minister, Malusi Gigaba, therefore has no choice but to fire Myeni. We have written to Minister Gigaba to confirm what he has done to ensure that Ms Myeni no longer occupies these positions.

Advertisement

Point 2.3 of the CIPC Commissioner’s letter to Gigaba clearly states that ‘Ms Myeni’s continued occupation of the position of director and Chairperson of the Board of SAA is deemed to be illegal.’

This confirms our belief that Ms Myeni ceased to hold these roles at the end of August 2017 and that any decision taken by the SAA Board since then are null and void and may not be implemented.

Advertisement

Ms Myeni has managed SAA into bankruptcy and if there is any chance of saving the airline and the majority of the 9 398 jobs at SAA, she must be immediately removed from having anything more to do with the airline.

Every attempt must be made to save SAA but this cannot be at the cost of the massive bailouts, like we have seen in the past and are likely at the end of September 2017 when loans of R6.783 billion are due to be repaid. The airline must be put into business rescue to stabilise its operations, stop the losses and ultimately be privatised.

 

Issued by DA

EMAIL THIS ARTICLE      SAVE THIS ARTICLE ARTICLE ENQUIRY

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

 

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Email Registration Success

Thank you, you have successfully subscribed to one or more of Creamer Media’s email newsletters. You should start receiving the email newsletters in due course.

Our email newsletters may land in your junk or spam folder. To prevent this, kindly add newsletters@creamermedia.co.za to your address book or safe sender list. If you experience any issues with the receipt of our email newsletters, please email subscriptions@creamermedia.co.za