This week the South African economy was dealt yet another blow by the ANC's dogmatic adherence to socialist and statist ideology that has long been abandoned even by the ANC's blessers in Russia. Tens of passenger aircraft were grounded because of a failure at SA Airways, SAA, Technical. This was because SAA was run into the ground by ANC cadres, and especially Zuma's very close friend, Dudu Myeni.
Those grounded flights caused chaos for thousands of passengers as well as to their business activities. Last year SAA was paid a bailout of R5 billion, nearly doubled the annual budget for the National Prosecuting Authority, NPA, worse that SAA turnaround plan includes bailout of R21 billion.
Despite these massive bailouts, its technical division is so badly run that pirate parts may have been used in SAA and British Airways jets. Thousands of passenger's lives have been put at risk. The mid-air scare of a Mango Boeing going into dive whilst carrying passengers, should be enough to scare the pants of all travelers who fly in aircraft serviced by SAA Technical.
Minister Tito Mboweni must now show that he has the courage of his convictions and ensure that SAA is put into business rescue. [Time expired.]