
Paul O’Sullivan, David Shapiro, GG Alcock: SAA collapse is VERY, VERY BAD for SA
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South African Airways (SAA) was at the centre of the state capture scandal, sucking up billions of rands of taxpayers’ funds under former President Jacob Zuma’s friend Dudu Myeni. Corruption and mismanagement have played a key role in pushing SAA towards collapse. The finger of blame has been pointed at the government, and in particular fêted former finance minister Pravin Gordhan, now minister of public enterprises, for allowing the airline to crumble through failure to take action against corrupt ANC-aligned individuals. Although many believe SAA should die, there is a case for resuscitating it. In this podcast with BizNews editor-in-chief Alec Hogg, Forensics for Justice founder Paul O’Sullivan, market watcher David Shapiro and GG Alcock - an expert on informal economies - share many reasons why SAA should be kept going in the interests of the country. - Jackie Cameron