SAA Suspends Acting CEO

According to News24, South African Airways acting CEO Vuyisile Kona has been placed on ‘precautionary suspension’, as per the instructions of the SAA board of directors. In a statement, SAA said the suspension was based on certain allegations that came to the attention of the board, in respect of which the board had a fiduciary duty to investigate. "It must be stressed that the board has not come to any conclusion as to the veracity or otherwise of these allegations," said the statement. The suspension is effective the 11th of February. Kona was appointed in October last year, following the resignation of Siza Mzimela as chief executive and the exodus of 14 board members in September 2012, including chairperson Cheryl Carolus. SAA is still in the process of recruiting a permanent CEO.