Companies Tribunal to hear case on SAA chair Dudu Myeni
The Companies Tribunal is on Monday set to hold a hearing on whether Dudu Myeni acted in a delinquent manner in her capacity as director of the South African Airways (SAA) board.
In March, the Organisation Undoing Tax Abuse (OUTA) and the South African Airways Pilots Association had initially filed an application at the North Gauteng High Court over Myeni.
OUTA portfolio director for transport Ben Theron said at the time that such an order being granted would have prevented Myeni from being appointed as a director or executive of any organisation in South Africa for seven years, Fin24 reported.
The airline had suffered a loss of R10.5 billion over a period of five years, following Myeni’s appointment in 2012, said Theron at the time.
“The situation at SAA has worsened at the hands of Myeni,” he added.
The Mail and Guardian reported last week that she had missed six board meetings, notifying her colleagues electronically that she would be absent.
The newspaper reported that her board colleagues had instructed lawyers to probe whether she had breached the Companies Act and good governance principles with her conduct and alleged lack of participation in company business.
The Companies Tribunal hearing was expected to start at 10:00 in Pretoria.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Established in 1933, EKATO is the world leader in agitation technology, supplying agitators for processes and applications such as chemicals and...
VISIT SHOWROOM
FLANDERS Southern Africa provides integrated solutions for mining and industrial operations, covering field services, automation, electrification,...
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
