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Derek Hanekom new interim SAA chair
Former Tourism Minister, Derek Hanekom has been announced as the new interim chairperson of South African Airways.
JOHANNESBURG - Former Tourism Minister, Derek Hanekom has been announced as the new interim chairperson of South African Airways.
The other interim directors are finance professional Fathima Gany, former Airports Company of SA chief operating officer Fundi Sithebe, and finance and business strategist Mahlubi Mazwi.
Also on the board are corporate and compliance advocate Johannes Weapond, financial and corporate restructure expert Clarissa Appana, and economist and strategist Dumisani Sangweni.
The interim board was effective from Saturday 15 April
Despite SAA receiving R1 billion in this year’s budget to settle historic debt, the department estimates about another R2.5 billion is needed for that purpose.