SAA suspends CFO OVER DISCIPLINARY PROCESS

JOHANNESBURG- State- owned airline South African Airways (SAA) has suspended indefinitely two officials including its chief financial officer, over a disciplinary process at the loss-making airline, its spokesperson said on Tuesday.

SAA spokesperson Tlali Tlali said CFO Phumeza Nhantsi and the head of the airline’s technical unit Musa Zwane were suspended on Monday, no reasons were given to why their were suspended.

He said, “It’s an internal matter that is governed by labour relations and we must observe internal processes. We’re not at liberty to give details on that at this stage.”

He added their suspension will remain,” until disciplinary processes have been finalised.”

EWN has reported that both Nhantsi and Zwane did not respond for comment. Nhantsi was appointed permanent CFO in 2015.

Current SAA CEO Vuyani Jarana said on Monday in a statement on the airline’s website that the board did develop and approve a five-year plan to turnaround the struggling airline.

Photo Credit- SA Airlines

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