NUMSA, in continuing to fight for the bailout of SAA, has gone on to allege that the current management of the airline is partially to blame for the financial crisis experienced by the parastatal.
The National Union of Mineworkers of South Africa (NUMSA) took to Twitter on Tuesday, 3 November 2020, to expand on its stance on why South African Airways (SAA) deserves the R10.5 billion bailout. Initially, the union had lambasted the likes of the Democratic Alliance (DA), who called for the selling of the state-owned enterprise (SOE).
NUMSA has reiterated that the SAA bailout will lead to many employees keeping their jobs, therefore, the selling of the troubled parastatal would make its earlier efforts fruitless. However, despite still calling for the bailout, NUMSA is aware of the administrative issues that exist within the current SAA management.
According to NUMSA, “Part of the reason we went on strike last year was because the [executives] refused to take action to reduce, re-negotiate or cancel bloated evergreen contracts, which were choking the airline.”
As remedial action, NUMSA has called for SAA to be “removed from the remit of Public Finance Management Act (PFMA) and be exempted.”
See the post below.
SAA must be removed from the remit of Public Finance Management Act (PFMA) and be exempted. This simplifies its decision-making framework and will bring greater agility in line with its
— NUMSA (@Numsa_Media) November 3, 2020