
Russell Loubser, who led 2012 board walkout: "Here's how to fix SAA"
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Seven years ago, former JSE president Russell Loubser quit his national service as a director of South African Airways, leading half the board in a very public walkout. He cited the incompetence of a Public Enterprises department then run by since disgraced Zuptoid Malusi Gigaba. On Rational Radio this week, Loubser resisted the "I told you so temptation" after the continuing chaos was marked by yet another CEO's resignation. He re-iterated what needs to be done to fix the national airline, and when pushed, said if these pre-requisites were imposed, would agree to a third stint of national service. - Alec Hogg