RC 260814702Stephen Grootes
Friday, 14 August 2026
SAA’s leadership turmoil dominated the hour, alongside a hard look at AI accountability in finance, luxury water pricing, and the rise of insurance fraud.
- 19:00
SAA placed acting group CEO Majela Seshibi on special leave with immediate effect, pending an internal process; chief legal officer Kokimbeki takes over as acting CEO.
- 18:18
FSCA chair Unati Kamlana said financial firms must always have a human accountable for AI deployment and outcomes, and regulators will hold executives responsible when things go wrong.
- 18:11
Aviation analyst Guy Leach said SAA’s repeated CEO turnover, state interference and losses point to structural governance problems, warning the airline risks repeating its old failures.
- 18:45
Water sommelier Nico Peters argued bottled water differs by mineral content and source, saying natural mineral water can be far more hydrating than tap water or electrolyte sachets.
- 19:51
Insurance Crime Bureau CEO Garth de Klerk said fraud ranges from staged vehicle theft and life-insurance killings to cyber scams, with AI and law-enforcement partnerships used to trace syndicates.