South African Airways Dying, CEO Vuyani Jarana Resigns

The Chief Executive Officer of South African Airways (SAA), Vuyani Jarana has reportedly resigned from the financially stricken state-owned company citing a lack of funding and drop in government support for the carrier’s proposed turnaround plan. The former Vodacom Group executive was brought in about 18 months ago to lead a recovery at the airline, which has been unprofitable since 2011. South African Airways has been mired in mismanagement and corruption scandals.

But a lack of clarity o