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Gigaba will engage with FNB CEO over SAA boycott

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Jacques Celliers, CEO of FNB.
Jacques Celliers, CEO of FNB.

Cape Town – Finance Minister Malusi Gigaba will engage with FNB CEO Jacques Celliers following his declaration that he will no longer fly with South African Airways (SAA).

“Minister Gigaba and Jacques have a very good relationship,” the minister’s spokesperson, Mayihlome Tshwete, told Fin24 on Tuesday.

“We will engage with him to understand his concerns, but frankly now is the time where SAA needs more support, not further isolation.”

This follows a tweet by Celliers on Monday, in which he said he will no longer fly SAA because “this abuse has to come to an end”.

“As from today I'm not flying on SAA anymore. Instead I'll be supporting the honourable alternatives,” he said.

FNB spokesperson Lwazi Stuurman told Fin24 on Tuesday that Celliers “has nothing further to add on the matter”.

Responding to the tweet, Democratic Alliance MP Alf Lees told Fin24 on Tuesday that “this is a brave move by a bank CEO”.

“We hope that the message will be that SAA must no longer be a burden on taxpayers,” he said. “It would be very helpful if other bank CEOs, including those whose banks are owed money by SAA, took similar positions.”

Lees does not fly SAA, but said the DA does not currently boycott SAA.

This follows a segment on Carte Blanche on Sunday evening, which focused on the South African Cabin Crew Association (Sacca), the union that laid charges against members of the SAA board for theft and corruption to the tune of more than R1.86bn.

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