SAA terminates CFO and CEO

SAA fires CFO, CEO

Crisis hit national carrier South African Airways has fired suspended executives Musa Zwane and Phumeza Nhantsi following the findings of independent disciplinary hearing led by Nazeer Cassim SC.

The Mail and Guardian has learnt from one of the executives this evening that SAA informed them that its board had resolved to terminate their services. This follows Cassim finding both guilty of gross misconduct on three of four charges put before them.

“In the circumstances, you are hereby notified that your employment with the company is terminated with immediate effect based on the outcome of your disciplinary hearing,” said the letter signed by CEO Vuyani Jarana.

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Source: 
Mail & Guardian Online

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