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Treasury aims to appoint new SAA board

File picture: Simphiwe Mbokazi

File picture: Simphiwe Mbokazi

Published Jul 27, 2016


Johannesburg - Finance Minister Pravin Gordhan said yesterday that the National Treasury was working on finding a new board for the embattled national airline, SAA.

Read also: Pressure for SAA to name board

Gordhan said while the new board could include “new blood” and existing members, the airline needed experienced people to steer it out of its current problems.

Gordhan was speaking at a business breakfast, hosted by the Johannesburg Chamber of Commerce and Industry in partnership with EY yesterday.

He said a right mix of people at the parastatal would steer it in the right direction.

“We must do political homework to get credible people on board.”

He added that the new board could include newcomers, as well as existing members but stressed that the group should have the right skills for the job.

The question about SAA was posed by forensic investigator Paul O’Sullivan who asked the minister during the briefing if the board would be held accountable for what he considered mismanagement at the entity.

Gordhan said the Treasury would look into SAA and that they would find a way to put it on a sustainable financial path.


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