SAA newly elected board starts its duties

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Finance Minister Malusi Gigaba is currently meeting with the new South African Airways (SAA) board led by Jabu Magwaza, which starts its duties Friday.

This marks the end of the journey for Dudu Myeni who has been chairperson since 2013.

She had come under scathing criticism for running the airline into the ground and leading a poorly-governed board.

Former Vodacom Executive Vuyani Jarana, has also started his role as CEO of the financially crippled SAA.

The airline recently received a bailout of R3 billion to service its debts.

Gigaba’s spokesperson Mayihlome Tshwete says, “What the minister has done is call for a special meeting and the names he has announced already for new chairperson, new deputy chair and additional members of the board will begin their duty today.  Those who have been whose term has come to an end or who have been rotated their duties will end today so today minister is meeting with the board.”