‘Myeni’s reappointment would be bad for SAA‚ the economy and Gordhan’: DA

01 September 2016 - 14:44
By Tmg Digital

If true‚ Dudu Myeni’s rumoured retention as South African Airways (SAA) board chairperson “would be a massive political defeat for Finance Minister Pravin Gordhan”‚ and “make a sovereign downgrade even more likely”. The Democratic Alliance’s Alf Lees said it “would be negative for the South African economy and the forthcoming ratings assessments where international agencies are looking closely at how state-owned enterprises are managed”.

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