SAA's R1.16 billion fine - Myeni must go
15 February 2017
South African Airways (SAA) are once again in deep financial trouble after the South Gauteng High Court today ruled in favour of Comair and ordered SAA to pay a R1.16 billion fine for anti-competitive behaviour.
The R1.16 billion that SAA has been ordered to pay is R1.16 billion that could have been spent on skills development for the youth from the lost generation, who do not have the skills to enter the job market.
This recent ruling simply reinforces the long held view by the DA that Dudu Myeni is not fit to be the Chairperson of SAA or any other board, and that her reappointment as the SAA Chair was completely irrational.
The Companies and Intellectual Property Commission CIPC have already ruled that Myeni had failed to comply with the Companies Act.