The Minister of Public Enterprises, Mr Malusi Gigaba has adopted a resolution removing Mr V Kona from the board of South African Airways. This morning, the Minister, as the sole shareholder, convened a shareholders’ meeting in terms of section 71 of the Companies Act to consider a resolution to remove Mr Kona from the board.
The Minister considered it prudent and in the interest of South African Airways (SAA) that there be stability, cohesion in the leadership of the airline. In the Minister opinion, the relationship between the board and Mr Kona had deteriorated to a point where, it will not be possible for him to lead or function optimally either as a member and board chairperson.
Ms Duduzile Myeni will continue to act as a Chairperson. It should be stated categorically that Mr Kona innocence or otherwise of the allegations against him as Acting CEO had little bearing on the Minister’s decision to remove him. Further, this decision should not be construed in any way as a pre-judgment or determination of any of the issues pending between Mr Kona and SAA.
The issues between Mr Kona and SAA should be left to both parties to resolve and finalise.
For media enquiries:
Mayihlome Tshwete, Spokesperson
Cell: 072 869 2477
