Today's Labour News

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saa thumb medium95 76BusinessLive reports that South African Airways (SAA) has confirmed the suspension of the CEO of SAA Technical, Musa Zwane, and SAA chief financial officer Phumeza Nhantsi.  

The decision to suspend the two executives was based on certain allegations made against them following the conclusion of one of the forensic investigations at SAA, airline spokesperson Tlali Tlali said on Tuesday.  SAA’s board has resolved to institute disciplinary proceedings against two executives, he indicated.  Tlali said the suspended executives were still in the employ of the airline and were presumed innocent.  He would not provide details of the charges against the executives.  SAA has appointed Wellington Nyuswa as acting CEO of SAA Technical and Nona Sonjani as acting chief financial officer.  The suspensions follow a qualified audit report by the auditor-general tabled in Parliament last week.  The report found, among other matters, that SAA Technical’s inventory could not be verified and that there were insufficient controls in place to manage the inventory.

  • Read this report by Neels Blom in full at BusinessLive
  • See too, Numsa welcomes suspension of SAA senior executives, at eNCA

Get other news reports at the SA Labour News home page