South Africa’s airports company faces a hard landing. Why this is bad news for the country

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Stephen Labson, University of Johannesburg

The Airports Company South Africa (ACSA) – until recently held as a model for other South African state-owned enterprises to emulate – now faces a drastic reversal of fortune stemming from a regulatory decision to reduce airport charges by 35.5% in the coming year. The Conversation

On top of this, the majority state-owned enterprise is in the middle of a boardroom scuffle. There are reports that the Minister of Transport, Dipuo Peters, has decided to retire four board members to replenish it with the expertise and skills needed to guide the company going forward. And indeed, those skills will be needed when looking at the financial challenges ahead.

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