Today's Labour News

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pravingordanFin24 reports that ‘pay back the money’ was Public Enterprises Minister Pravin Gordhan’s message to corrupt individuals who has stolen from SA Airways (SAA).  

He was addressing SAA employees at the state-owned carrier’s head office east of Johannesburg on Monday.  "SAA is an excellent airline, but a poor business," Gordhan said, adding that "We need to clean out the dirt for this airline to survive."  The once-celebrated airline has not been able to generate a profit since 2011.  It survives largely on state guarantees and is generally perceived by ratings agencies as a drain on state coffers.  Using the analogy of a shirt full of holes, Gordhan said nobody would be interested in buying SAA as it was.  Gordhan was referring to comments made by Finance Minister Tito Mboweni alluding to the selling of SAA.  Gordhan called on employees to report corruption, saying no one had done so since he took over as public enterprises minister eight months ago.  In what was largely a pep talk, employees reacted with cheers as Gordhan laid into those who had left SAA "a mess".  Gordhan said he would return to SAA on Friday "and go from department to department" to see for himself what the problems were.

  • Read the full original of this report by Riaan Grobler at Fin24


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