Slow demise of SAA has been a long time coming - Outa

The Organisation Undoing Tax Abuse (Outa) says South Africa needs a vibrant airline industry with viable players contributing to the market.

The organisation has made the remarks amid news of South African Airways group CEO Vuyani Jarana.

READ: SAA CEO Vuyani Jarana 'resigns' - reports

Outa's executive director Heinrich Volmink says the airline's demise has been a long time coming.

A country of our size and our economic potential needs a vibrant airline industry, what SAA has shown us is that it has failed and it has failed because it has shown a continual drain on the fiscus. It has cost us R 5 billion a year in bailouts over the last two to three years.

Heinrich Volmink, Executive director - Outa

Volmink says Jarana's resignation underscores the problems that have been seen in the sate owned enterprise.

We should appreciate the fact that he inherited an almost impossible situation. He tried to turn it around. I think that the key things he sited was that there was a blurring of lines of accountability between himself, the political players and the board making it untenable for him to continue.

Heinrich Volmink, Executive director - Outa

I do think that from the very beginning it was a very impossible task.

Heinrich Volmink, Executive director - Outa

He came from a communications background, so one could argue that although he certainly had the competency, the experience perhaps did not match with the task but even if he had that arguably it would still be the same outcome.

Heinrich Volmink, Executive director - Outa

Click on the link below to hear more from Volmink....


This article first appeared on 702 : Slow demise of SAA has been a long time coming - Outa


Recommended

by NEWSROOM AI
Read More
[LISTEN] EC House of Traditional Leaders 'outraged' at deaths of initiates

[LISTEN] EC House of Traditional Leaders 'outraged' at deaths of initiates

Three deaths were reported last week.

[LISTEN] #Sona2019: 'A lot of dreams and not many concrete steps'

[LISTEN] #Sona2019: 'A lot of dreams and not many concrete steps'

DA Chief Whip John Steenhuisen and other opposition parties react to President Cyril Ramaphosa's State of the Nation Address.

Only a 'special kind of person' would want to lead SAA and Eskom

Only a 'special kind of person' would want to lead SAA and Eskom

Andrew Woodburn (MD, Amrop Woodburn Mann) discusses the loss of Eskom and SAA’s CEOs and the recruitment of new Chief Executives.

Jarana's resignation raises concerns about SAA board's powers - researcher

Jarana's resignation raises concerns about SAA board's powers - researcher

Intellidex's Peter Montalto gives analysis as to why the airline is struggling to keep afloat.

SAA problems have always been due to political influence, says Xhanti Payi

SAA problems have always been due to political influence, says Xhanti Payi

Pundits Xhanti Payi and Dr Joachim Vermooten weigh in on the SOE CEO Vuyani Jarana resigning from his position.

SAA CEO Vuyani Jarana 'resigns' - reports

SAA CEO Vuyani Jarana 'resigns' - reports

It's reported Jarana cited the embattled airline's rising debt among his reasons for quitting.

Popular articles
How Stellenbosch became a breeding ground for Afrikaner billionaire businessmen

How Stellenbosch became a breeding ground for Afrikaner billionaire businessmen

The Money Show's Bruce Whitfield interviews Pieter du Toit, author of "The Stellenbosch Mafia: Inside the Billionaires' Club".

47% probability of the rand crashing in next 12 months - Rand Merchant Bank

47% probability of the rand crashing in next 12 months - Rand Merchant Bank

The writing is probably on the wall for the resurgent rand. Bruce Whitfield interviews John Cairns, a Strategist at RMB.

Outrage as pastor tells students gay people are 'as bad as Hitler'

Outrage as pastor tells students gay people are 'as bad as Hitler'

Students at De Kuilen High are being offered counselling after being told by Pickard Henn that gay people are going to hell.

I was threatened with a tyre and petrol - Redi Tlhabi

I was threatened with a tyre and petrol - Redi Tlhabi

Journalist says what former president Jacob Zuma said at the state capture commission is bigger than defamation.

For R17,000 you can get your UK visa application done in 24 hours

For R17,000 you can get your UK visa application done in 24 hours

Immigration consultancy Move Up managing director Ryan Rennison says the service is mostly used by senior executives.

'It's about time too!' DJ Fresh on his new 947 gig  #FreshOn947

'It's about time too!' DJ Fresh on his new 947 gig #FreshOn947

The news that DJ Fresh would be joining 947 was dominating on social media on Monday with the hashtag #Freshon97

Brand new business hub to help startups get off the ground  - CPT

Brand new business hub to help startups get off the ground - CPT

It's being dubbed a 'one-stop-shop' for entrepreneurs and startups looking for opportunities in the Mother City.

'A lot of people may have wanted him dead.'  - Who killed Mark Batchelor?

'A lot of people may have wanted him dead.' - Who killed Mark Batchelor?

A Sunday newspaper report has suggested the soccer ace's death may have been linked to a missing stash of cocaine.

Paying off your credit card every month to avoid interest? The banks are sneaky…

Paying off your credit card every month to avoid interest? The banks are sneaky…

Consumer journalist Wendy Knowler warns prudent credit card holders to keep tabs on their banks. In this case, it’s FNB.