The Chief Executive Officer of Passenger Rail Agency of SA (Prasa), suddenly handed over his resignation to the Board, and his resignation apparently means his immediate retirement. Sibusiso Sithole’s resignation came just nine months after being appointed to the post, and the unexpected resignation raised many eyebrows in the business sector. The Board of Directors..
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Prasa head suddenly resigns after only 9 months and his resignation comes as a shock to the SA business sector
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Can the sinking ship be saved? – Denel’s deterioration attributed to political appointments of incompetent people in key positions with no knowledge of the arms industry, now the state entity has appointed a new Chief Executive Officer
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The Cabinet approved Daniel du Toit’s appointment as Chief Executive Officer at Denel. He will immediately pay attention to superficial contracts entered into during the state hijacking period. Cost cuts will also be one of its priorities. The arms manufacturer has deteriorated dramatically over recent years due to the political appointments made in top management..
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FNB CEO says he will not fly with SAA and is now looking at honest alternatives
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Chief Executive Officer of First National Bank, Jacques Celiers, indicated on social media that he would not make use of SAA’s services anymore. He is now looking at “honest alternatives.” FNB spokesperson Lwazi Stuurman told media that Celliers will not comment. Malusi Gigaba has indicated that he will approach Celliers on the move. It is..
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