Dudu Myeni

Quick Facts

Full Name	Dudu Myeni
Occupation	Businessperson
Date Of Birth	Oct 29, 1963(1963-10-29)
Age	61
Birthplace	South Africa
Country	South Africa
Horoscope	Capricorn

Dudu Myeni Biography

Dudu Myeni is one of the most popular and richest Businessperson who was born on October 29, 1963 in South Africa, South Africa. Duduzile Cynthia Myeni (born 29 October 1963), also known as Dudu, is a South African businesswoman, a disgraced former chairperson of South African Airways SOC Limited, and the Executive Chairperson of the Jacob G Zuma Foundation since September 2008.

The application was based on Myeni’s conduct whilst chair of the SAA board. During those five years (2012/13 to 2016/17)‚ SAA ran up losses of R16.844bn‚ although it had previously been profitable.

In early December 2015 the then Minister of Finance, Nhlanhla Nene, rebuffed Myeni’s request to renegotiate the deal. This was one of the suspected causes for controversial replacement of Nene as minister by president Zuma a week later with David van Rooyen. This caused a public outcry and a strongly negative reaction by international markets that led to van Rooyen’s replacement four days later by the better known former minister of finance Pravin Gordhan (2009-2014). Gordhan rejected Myeni’s request and instead announced that the original agreement to lease the planes would be implemented.

In March 2015 South African Airways signed an agreement with Airbus as part of the airline’s turn around plan to lease 5 Airbus A330s. In October 2015, without involving South African Airways executives, Myeni informed Airbus that the airway would be renegotiating the agreement to instead be an outright sale to an unnamed third party that would purchase the planes on SAA’s behalf. This raised concerns around corruption by-passing normal procurement process and triggered a clause in the original agreement that any renegotiation of the agreement would need to be approved by the Ministry of Finance. In an editorial Myeni stated that the reason why a third party rental company was needed was so as to mitigate the impact of volatile exchange rates on the running costs of the aircraft thereby reducing the airline’s foreign currency exposure.

Myeni obtained her Primary Teachers Certificate from Madadeni College and her a Secondary Teachers Diploma from Umlazi College. In 2009 the SAA annual report listed a bachelor’s degree in administration from the University of Zululand among her qualifications. It was removed the following year after Myeni admitted she was “studying toward it” with two majors outstanding. She is listed as one of the participants in South African mining company Gold Fields’ BEE partner Invictus Consortium.

Dudu Myeni Net Worth

Dudu Myeni is one of the richest Businessperson from South Africa. According to our analysis, Wikipedia, Forbes & Business Insider, Dudu Myeni 's net worth $5 Million. (Last Update: December 11, 2023)

She founded a consulting firm Skills Dynamics in 1999 which has facilitated a number of social development programmes on behalf of various Government Departments and major corporations in and around Richards Bay.

Myeni was first appointed to South African Airway’s board of directors in

2009. She was appointed chairperson of the board in 2012 following the simultaneous resignation of eight of its fourteen board members including the company’s then chairperson Cheryl Carolus. In 2012/13 she had then acting chief executive, Vuyisile Kona removed from his position at the airline amid accusations that she organised the airline’s security service to spy on him.

In January 2014 six non-executive directors of the state-owned South African Airways wrote to the then minister for Public Enterprises, Malusi Gigaba, of their “major dissatisfaction” with Myeni’s leadership. In March 2014 the new chief executive, Monwabisi Kalawe, accused Myeni of corruption after paying for documents that allegedly showed Myeni had foreign bank accounts worth €18.5-million. These documents were proven to be fake and lead to disciplinary proceedings against Kalawe. In May 2014 Myeni accused Kalawe of serious governance breaches. An accusation Kalawe disputed prompting Gigaba to state his “full confidence” in Kalawe following Gigaba’s call for the state-owned airline to fix its long-troubled management problems. Gigaba went on to state that he would “deal with” Myeni for her dispute with Kalawe. Within a week of Gigaba’s statement he was shuffled by president Zuma to the Department of Home Affairs. Gigaba was replaced by Lynne Brown as minister for Public Enterprises. Upon Zuma’s request Brown replaced Myeni’s critics at the airline and keeping Myeni in her position whilst instructing Myeni to reinstate Kalawe as chief executive. An instruction that Myeni ignored.

Height, Weight & Body Measurements

Dudu Myeni height Not available right now. Dudu weight Not Known & body measurements will update soon.

Who is Dudu Myeni Dating?

According to our records, Dudu Myeni is possibily single & has not been previously engaged. As of December 1, 2023, Dudu Myeni’s is not dating anyone.

Relationships Record : We have no records of past relationships for Dudu Myeni. You may help us to build the dating records for Dudu Myeni!

Strongly critical of Myeni’s actions Judge Tolmay commented “She was a director gone rogue, she did not have the slightest consideration for her fiduciary duty to SAA,”. As the presiding judge she concluded “This court cannot but find that she failed abysmally in executing her fiduciary duty. In my view, a lifelong delinquency order is appropriate. Ms Myeni is not a fit and proper person to be appointed as a director of any company, let alone a SOE,”.

Facts & Trivia

Dudu Ranked on the list of most popular Businessperson. Also ranked in the elit list of famous people born in South Africa. Dudu Myeni celebrates birthday on October 29 of every year.

In May 2020 the Pretoria High Court declared Myeni a delinquent director and barred her from holding any directorship position at any entity for life after the Organisation Undoing Tax Abuse (OUTA) and South African Airways Pilots Association (SAAPA) brought Myeni to court over her conduct and actions during her period as chairman of the South African Airways (SAA) board.

What happened to Dudu Myeni?

On 27 May 2020 at the Pretoria High Court, Judge Ronel Tolmay declared Myeni a Delinquent Director, banning her for life from holding any directorship position.

Where was Dudu Myeni born?

South Africa

Who was deputy president when Zuma was president?

His Excellency Jacob Zuma
Deputy| Kgalema Motlanthe Cyril Ramaphosa
Preceded by| Thabo Mbeki
Succeeded by| Cyril Ramaphosa
3rd Deputy President of South Africa

How old is Dudu Myeni?

58 years (October 29, 1963)

Who was the first black president of South Africa?

The presidency of Nelson Mandela began on 10 May 1994, when Nelson Mandela, an anti-apartheid activist, leader of Umkhonto We Sizwe, lawyer, and former political prisoner, was inaugurated as President of South Africa, and ended on 14 June 1999.