Mboweni calls for SAA closure

[BusinessTech]

Mboweni calls for SAA closure

Finance minister, Tito Mboweni, has called for the closure of South African Airways.

 

[thestaggy]

Please do. You've thrown enough money in to that bottomless pit already.

 

[OCP]

We live in hope.....

 

[Gameface777]

Its actually sad to see a company like SAA that used to be one of South Africa's pride and joys go down under like this

 

[AstroTurf]

sabc next?

 

[MirageF1]

Its actually sad to see a company like SAA that used to be one of South Africa's pride and joys go down under like this

Extremely. The only ones that don't give a sh*t are the ones that pillaged it and their clueless supporters.

 

[Cius]

If the SABS actually manages to fire the 1000 employees it has proposed it will probably be solvent again. SAA I agree should be closed or sold or something. Its just a bottomless pit.

 

[Visser]

Although it is the right thing to do, this won't happen.

 

[Jet-Fighter7700]

so if SAA closes down, who will be SA flag carrier?

will another rise again very quickly?

 

[Scooby_Doo]

Give SAA away but along with it any and all debt/government guarantees need to become the responsibility of the new owners. To sweeten the deal, the new owners will get 5 years worth of tax credits on income, revenue and profit to help restructure SAA and revive it.

While we at it, ACSA should get privatized too.

 

[Sinbad]

so if SAA closes down, who will be SA flag carrier?

will another rise again very quickly?

We don't need one.

 

[Craig_]

If the SABS actually manages to fire the 1000 employees it has proposed it will probably be solvent again. SAA I agree should be closed or sold or something. Its just a bottomless pit.

WTF, didn't know that the SABS is insolvent. Or do you mean SABC?

 

[Drifter]

"SAA CEO Vuyani Jarana has said he is mapping out a punishing austerity plan to turn the national carrier around, which will reportedly require R20 billion to implement. He has said layoffs and other cuts were unavoidable.

The airline is only expecting to break even by 2021."

IBWISI

 

[ekske1]

Mboweni calls for SAA closure

Finance minister, Tito Mboweni, has called for the closure of South African Airways.

I call for the closure of ANC. Then we can also please do the EFF, DA, COPE and the other useless ones.

 

[Kosmik]

We don't need one.

Yes, even spacecraft are now done cheaper by private companies than governments.

 

[Gaz{M}]

It's ridiculous that they have R40 billion to throw at SAA for a vanity airline, but not R1 billion to save the SABC's jobs which arguably performs a much more important social function for the country.

 

[envo]

It's ridiculous that they have R40 billion to throw at SAA for a vanity airline, but not R1 billion to save the SABC's jobs which arguably performs a much more important social function for the country.

lol I haven't laughed this hard since I was a little girl. Thank you for making my friday better.

 

[Gaz{M}]

lol I haven't laughed this hard since I was a little girl. Thank you for making my friday better.

You are an idiot. Poor people need news and entertainment too. Not everyone can afford DSTV and internet.

 

[Lady Bee]

omw - singing ""I believe I can fly"..... sure SAA will not continue to sing this for much longer if its up to Mr Mboweni

 

[Lupus]

You are an idiot. Poor people need news and entertainment too. Not everyone can afford DSTV and internet.

The ones who don't pay their TV licenses anyway?