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FILE: JB Magwaza (L), South African Airways board chairperson, and CEO Vuyani Jarana (R) appear before Parliament on 27 March 2018. Picture: Lindsay Dentlinger/EWN.

Jb magwaza

SAA board chair Magwaza resigns

By Eyewitness News

The public enterprises minister announced the resignation during his budget vote on Thursday.

  • FILE: JB Magwaza (L), South African Airways board chairperson, and CEO Vuyani Jarana (R) appear before Parliament on 27 March 2018. Picture: Lindsay Dentlinger/EWN.

    SAA still ‘far down the line’ on equity partner discussions

    In addition to the money needed to fund its turnaround plan, the airline also has to pay its lenders R9.2 billion by March.

    1529 days ago
  • FILE: JB Magwaza,  South African Airways board chairperson, appears before Parliament on 27 March 2018. Picture: Lindsay Dentlinger/EWN

    Parly meeting to discuss SAA's financial results cancelled after parties clash

    Wednesday’s meeting was originally scheduled to be closed to the public and the media, which is not the usual practice when the airline presents its quarterly financial reports.

    1551 days ago
  • FILE: A South African Airways flight takes off as another one is parked in a bay on the tarmac at OR Tambo International airport in Johannesburg. Picture: AFP

    Does SAA know extent of theft, fraud?

    MPs wanted to know if there’d been consequences for theft & fraud made possible by weak security and stock-control systems. SAA board chairperson says they are still receiving tip-offs about wrongdoing.

    1573 days ago
  • JB Magwaza,  South African Airways board chairperson, appears before Parliament on 27 March 2018. Picture: Lindsay Dentlinger/EWN

    Magwaza: SAA can be turned around

    South African Airways (SAA) board chairperson JB Magwaza admits the airline has serious governance problems and a lack of capacity and skills.

    1601 days ago
  • FILE: A South African Airways flight takes off as another one is parked in a bay on the tarmac at OR Tambo International airport in Johannesburg. Picture: AFP

    Cabinet has confidence in new SAA board

    Finance Minister Malusi Gigaba confirmed new members have been appointed to the board and that Dudu Myeni has been replaced by JB Magwaza.

    1760 days ago
  • FILE: SAA chairperson Dudu Myeni in February 2015. Picture: Gallo Images/Veli Nhlapo.

    JB Magwaza expected to replace Dudu Myeni in major SAA shake-up

    Details of the reshuffle emerged on Wednesday night, however, the national carrier wouldn’t confirm or deny the claims.

    1761 days ago
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