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Vuyani Jarana has been appointed CEO of South African Airways (SAA).
Jarana has held the position of Chief Officer for Vodacom Business at Vodacom Group LTD since 2012. He will commence his duties after his current employer has officially released him.
Finance Minister Malusi Gigaba says given that Jarana has turned around a loss-making subsidiary of the Vodacom Group, Vodacom Business Africa, into profitable and growth business, he believes Jarana will be key in turning around SAA.
In a statement, the National Treasury said Jarana has, among others, transformed and positioned Vodacom Business as a growth engine of Vodacom, growing its contribution to group service revenues from under 10% to 25% over three years. Transformed Stortech, a 51% subsidiary of Vodacom, from a declining business to new growth company, changing shareholding structure and developing new strategy that responds to the changes in the market. He built a solid and transformed organisation with emphases on both top line business growth as well as margin expansion.
Meanwhile, Fin24 claims that Numsa and the South African Cabin Crew Association will march to SAA on Friday over a request for pay increases. Tourism Update called SAA spokesperson Tlali Tlali to confirm these reports, but was asked to send an email with queries.
SAA will brief Parliament’s Standing Committee on Finance today (August 4) on its first quarterly report, as well as other related issues. Tourism Update will continue to follow this story.
Sоurсе: tourismupdate.co.za