South Africa: implementing the first structural reform

Summary The resignation by Vuyani Jarana as chief executive officer of South African Airways is effectively the byproduct of structural reform implementation by the South African government. Analysis Jarana resigned as Chief Executive Officer of South African Airways with an effective date of August 31, providing three months for the state-owned airline to prepare for an executive leadership transition. The outgoing CEO cited an inability to gain support for a turnaround strategy aimed to restore profit-making status to the South African government-owned airline. South African Airways, one of several loss-making state-owned enterprises, has been kept afloat since at least 2011 …

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