SAA to lose its 11th CEO in 11 years – Report

South African Airways interim CEO Philip Saunders is set to leave the airline. This was confirmed to Rapport by SAA spokesperson Tlali Tlali, who noted that Saunders’s contract would not be renewed at the end of this month. His departure would mean Saunders becomes...

FinMin questions SAA bailout in late night musings

By John Bowker (Bloomberg) –South African Finance Minister Tito Mboweni again expressed his doubts about the need for a national airline less than a month after agreeing to find the cash for a R10.5 bn ($685 mn) bailout of the stricken carrier. In a series of...