Tag: Vuyani Jarana
SAA CEO cites lack of support from government as reason for resignation
Newly reappointed Public Enterprises Minister Pravin Gordhan received a further blow on Sunday with the shock resignation of South African Airways (SAA) chief executive Vuyani Jarana, who lashed out at the...
SAA has already spent R3 billion of the R5bn it was given
Vuyani Jarana told the SA Flyer Magazine that the embattled airline can be saved. The chief executive said that South African Airways was on track and on budget in its turnaround...
SAA to get R5 billion capital injection after plea for cash
South Africa has promised another R5 billion capital injection to help its struggling state airline meet urgent financial obligations, the CEO of South African Airways (SAA) said on Thursday.
SAA has not...
SA Financial Minister considering 13bn rand bailout for SAA
South Africa’s Treasury is considering a 13 billion rand ($972 million) bailout state airline SAA to keep the company going as it battles a mounting cash crunch, Finance Minister Malusi Gigaba...
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SEW-Eurodrive ‘closes the loop’ with new service and repair centre
As part of its strategy to ‘close the loop’ in its service offering, SEW-EURODRIVE South Africa, a specialist in drive and control technologies, has...