Acting group CEO Koekie Mbeki says she will stabilise SAA while the board searches for permanent CEO and CFO amid senior departures and market pressure.
Cabinet has approved a fresh process to find a strategic equity partner for South African Airways as the state looks again to reduce its financial exposure.
South Africa’s State-Owned Enterprises Face Financial “Tough Love” in 2024 In the 2024 Medium-Term Budget Policy Statement (MTBPS), South Africa’s National Treasury made clear that state-owned...