Cabinet is confident in new SAA board, says Zuma

File picture: Simphiwe Mbokazi

File picture: Simphiwe Mbokazi

Published Sep 13, 2016

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Cape Town - South African President Jacob Zuma said on Tuesday his cabinet has confidence in a newly reconstituted board of the struggling state airline.

Zuma, who was responding to questions in parliament, also said state-run companies were “not at war” with each other, a reference to public disputes between firms such as power utility Eskom and the Treasury.

Many of South Africa's 300-odd state-owned companies, including South African Airways, are a drain on the government's purse and rating agencies have singled out some of them as threat to the Africa's most industrialised economy's investment grade rating.

Reuters

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