Gordhan working intensely on finding new SAA board
Treasury says the minister is looking for a new CEO while its made sure the airline won't run out of cash.
It also says Gordhan is looking for a new CEO while the department has made sure the airline won't run out of cash.
Treasurys Phumza Macanda says Gordhan is giving this his full attention.
He is very busy with working on the process to ensure that he can appoint a board and also ensure that a permanent CEO is appointed because ultimately weve got to stabilise the airline.
The real question may be whether or not hell fire Dudu Myeni as SAAs chair.
On her watch, senior executives have left the company while the airline has lost millions of rand.
But she is also the chair of the Jacob Zuma Foundation, leading to claims Nhlanhla Nene was fired as finance minister late last year for taking her on.