Airwayfreak wrote: ↑
Sun Dec 23, 2018 12:14 pm
A Corbett wrote: ↑
Sun Dec 23, 2018 10:16 am
The fact that CAA's gronding of an airline was completely unfounded
For the life of me I do not believe that. If true,
Let's have a somewhat broader look then.
SOE's - Those are the companies that are doing so well the last few years with their "new" management.
SAA - Eskom - Denel ......... do I need to go on ?
Perhaps the Tax office is the best example ?
Corruption - Incompetence - and outright theft of public funds .......
People appointed - supplier preferences - and Billions of Rands "relocated"
Not my opinion - well documented events ........
Now if you work with the people at the coal face of these companies - you will find people that work hard - are engaged with their clientele and are trying their best to make it work ........ the problem seems to be in the exec wings of the businesses and the "holdings" that manage them. There seems to be a bit of "personal opportunity enrichment" going on .......
Now lets take CAA .............. good news it seems .....
They have managed to escape all aspects of the "rot" that has befallen all the other state owned / public companies and offices ?
They have managed to stay "clean" and are not engaged in any of the shenanigans that have "snuck in the door" of all the others ?
That is great news indeed ....
One would hate to think that it was possible that a regulator like the SACAA could be "used" by people of "questionable integrity" and or perhaps of "great ambition" to "regulate" a company into a position whereby a "takeover" - "participation" or a "voluntary sale of a % share of the company" would become a possibility.
I would hate to see some shady capital group suddenly putting up money for one of the airlines in South Africa with perspective and then - lo and behold - someone from the regulators offices becoming CEO or Strategic Management Officer of the new airline on behalf of the new Corporation ....(due to the persons "expertise" of course.......)
Now - thankfully such events only happen in other countries where Government and it's offices are not as well regulated - and oversight is not as well organized, but one would hate to think that a well managed and organized regulator in South Africa could slide into a position where such activities would become possible ..........
Have a good Christmas
The wisest mind has something yet to learn. ...