'Rothschilds are the new Guptas'

'Rothschilds are the new Guptas'
Published: 15 June 2019 (190 Views)
Unions at South African Airways have read government, Finance Minister Tito Mboweni and members of national carrier SAA the riot act in a strongly worded statement, alleging that they do not have the best interests of the company or the country at heart.

The fiery joint statement by the National Union of Metalworkers of South Africa (Numsa) and the South African Cabin Crew Association (SACCA) was released on Friday morning, after the two unions met with the board of SAA on Thursday.

The unions staged lunchtime pickets at airports around the country on Tuesday, demanding that outgoing CEO Vuyani Jarana be reinstated and his turnaround strategy implemented. Their joint memorandum also demanded that Thandeka Mgoduso, Martin Kingston, Peter Tshisevhe and Geoff Rothschild be removed from the board of SAA.

Approached for comment, SAA declined to comment.

The statement was critical of Thursday's engagement, with the unions maintaining their position that Jarana was frustrated out of his position due to lack of support for his turnaround strategy.

"The board, through Martin Kingston, has informed the public that it has government's backing on the turnaround strategy. And yet, when we met with the board, the Chairperson, Mr (JB) Magwaza said there is no funding for the turnaround strategy and no funding capital for the airline," the statement said.

The statement demanded an explanation for what it called Kingston's ties to "the Rothschild family". Kingston, who is executive chair of Rothschild & Co. in SA and was previously its CEO, also serves on the board of SAA. The union alleges that Kingston worked with fellow SAA board members, Thandeka Mgoduso and Peter Tshisevhe, to muscle Jarana out of the way at the national carrier.

In March, Kingston said he would welcome playing a role in the country's beleaguered state-owned companies.

In their statement, the unions claimed the Rothschilds were "interfering in SOEs" in the same way the Guptas did, for "selfish and greedy purposes". According to the unions, there is an "agenda" to collapse the state-owned airline in order to privatise it.

The statement added that three board members were a "weak link" in SAA, "whose mission and task is to further the aims for wholesale privatisation".

The unions further accused Mboweni of acting recklessly by having previously expressed a lack of faith in the airline's future. They reiterated calls for intervention by President Cyril Ramaphosa at the national carrier.

- fin24

 0

You May Like These Videos

Comments

There are no comments.

Latest stories

MISSING USD$ 3 BILLION: Mnangagwa called to account

by Mandla Ndlovu | 20 July 2019 | 63 Views

Mohadi warns drug dealers

by Staff reporter | 20 July 2019 | 30 Views

Getaway car catches fire

by Staff reporter | 20 July 2019 | 56 Views

Zimbabwe MPs demand Land Cruisers, houses in Harare

by ZimlIve | 20 July 2019 | 37 Views

Probe into Bulawayo Town Clerk suspension begins

by Staff reporter | 20 July 2019 | 33 Views

Anti-Mnangagwa activist released on bail

by Staff reporter | 20 July 2019 | 32 Views

Zec to pilot test display of voters' rolls

by Staff reporter | 20 July 2019 | 31 Views

Mnangagwa's luxury junkets cause storm

by Staff reporter | 20 July 2019 | 35 Views

Chaos, corruption in councils

by Miriam Tose Majome | 20 July 2019 | 20 Views

'External MDC branches key in national politics'

by Staff repirter | 20 July 2019 | 23 Views

Mnangagwa dates San community

by Staff reporter | 20 July 2019 | 27 Views

Zimbabwe police cells; chambers of torture

by Staff reporter | 20 July 2019 | 17 Views

Prosecutors declare incapacitation

by Staff reporter | 20 July 2019 | 29 Views

'Chiwenga on the mend'

by Staff reporter | 20 July 2019 | 29 Views

Lady teacher in trouble for abusing pupil

by Staff reporter | 20 July 2019 | 30 Views

Tshinga Dube pleads with BCC over eviction

by Staff reporter | 20 July 2019 | 25 Views

Headmaster caught pants down with married teacher

by Staff reporter | 20 July 2019 | 40 Views

Chief Mugabe selection process rocked by disputes

by Staff reporter | 20 July 2019 | 24 Views

Government programmes poorly supervised, says Zanu PF official

by Staff Reporter | 20 July 2019 | 69 Views

Zimbabwe govt works on 50:50 principle

by Staff Reporter | 20 July 2019 | 66 Views

Zanu-PF tried and tested, says Obert Mpofu

by Staff Reporter | 20 July 2019 | 60 Views

Poacher gets 9 years behind bars

by Staff Reporter | 20 July 2019 | 58 Views

Woes mount for Prophet Magaya

by Staff Reporter | 20 July 2019 | 55 Views

MDC fights for Japajapa's freedom

by Mandla Ndlovu | 20 July 2019 | 57 Views

Prophet Magaya's powerful enemies revealed

by Mandla Ndlovu | 20 July 2019 | 75 Views

Econet in major blackout

by Mandla Ndlovu | 20 July 2019 | 58 Views

'Mnangagwa redefines corruption'

by Mandla Ndlovu | 19 July 2019 | 149 Views

ZESN condemns Zanu-PF vote buying

by Staff Reporter | 19 July 2019 | 138 Views

Ramaphosa 'deliberately misled parliament'

by Staff reporter | 19 July 2019 | 104 Views

SA Home Affairs has 3000 uncollected Zimbabwe permits

by Staff reporter | 19 July 2019 | 109 Views

How CIOs benefited from Jonathan Moyo's ZIMDEF funds

by Mandla Ndlovu | 19 July 2019 | 143 Views

Mnangagwa speaks on ailing Chiwenga

by Staff Reporter | 19 July 2019 | 276 Views

Police statement on Prophet Walter Magaya

by Mandla Ndlovu | 19 July 2019 | 173 Views

Temba Mliswa writes to Nelson chamisa

by Mandla Ndlovu | 19 July 2019 | 213 Views

USD$ 3 Billion disappears in Zimbabwe

by Mandla Ndlovu | 19 July 2019 | 214 Views