SAA shareholders need to support board’s turnaround plan


POSTED ON: November 15, 2019 IN , by Admin

SAA and its stakeholders are striking this weekend and the airline will lose about R50m a day, but what we would ask of its shareholder representative that it now back its board and executive in managing its dispute. To intervene now would only strengthen the belief among unions that it is indeed “too big, too fail”, serving to harden positions and in effect hasten SAA’s demise.

read more >>

The slow pace of change within SOEs is enough to cause panic


POSTED ON: September 19, 2019 IN , by Admin

Over the past two years, the idea mooted has been one of prescribed assets as being a panacea for ailing state-owned enterprises and in the main it’s all about Eskom. While we appreciate the desperation of the Eskom question, we urge caution on something that looks like a knee-jerk response and on the surface at least, an easy fix for what’s seemingly exasperated policymakers.

read more >>