South Africa: SAA returns to Public Enterprises Ministry

0
140
South Africa's President, Cyril Ramaphosa

South Africa’s President, Cyril Ramaphosa has transferred administration of the South African Airways Act (SAA) from the country’s Mnistry of Finance to the Ministry of Public Enterprises.

This was revealed in a presidential proclamation gazetted on Wednesday.

“In terms of Section 97 of the Constitution … I hereby transfer the administration, powers and functions in trusted by the South African Airways Act, 2007 and all amendments thereto, from the minister of finance to the minister of public enterprises, with effect from August 1 2018,” the proclamation stated.

It would be recalled that in 2014, when Nhlanhla Nene was Finance Minister, SAA was moved away from the control of then Public Enterprises Minister, Lynne Brown to the Finance Ministry.

Peace PIAK