Mark Taylor, Nashua’s Chief Executive Officer and CEO of Reunert, resigned from both positions in preparation for his “departure” from the country. His resignation at Reunert as head of the Information Communication Technology Division comes into effect on October 1, 2019. He plans to emigrate in 2020. Taylor has worked in executive positions at Nedbank,..
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Nashua’s CEO resigns and plans to emigrate – He is one of hundreds of senior executives leaving the country because of government’s discriminatory measures to harm whites in the workplace
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Bankrupt Eskom’s CEO resigns due to stress- For the sake of the whole of South Africa who will risk taking over?
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Eskom is looking for a new CEO after the current incumbent Phakamani Hadebe resigned after less than a year due to stress. His predecessors either left their jobs due to personal reasons, were dismissed or went away under a cloud of corruption. Energy expert Ted Blom believes that Hadebe’s resignation did not come as a..
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Breaking News: Zuma has finally resigned
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President Jacob Zuma has finally resigned, thereby avoiding a motion of no confidence in him which was planned for Parliament this afternoon.
He said during a live television address at the Union Buildings in Pretoria last night that although he steps aside, he doesn’t agree with the decision of the ANC which forced him to do so. Zuma says he doesn’t fear a no-confidence motion or impeachment since they are the lawful mechanisms for South Africans to remove their president. He added that he came to the decision to resign following his recall by the ANC’s National Executive Committee and speculation about his future as president.
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Treasury senior official calls it quits as Zuma takeover looms
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Michael Sachs, the head of the budgeting office at the national treasury, has reportedly resigned because of interference in its budgeting process by the presidency. The Business Day newspaper reported on Monday morning that “a joint team from the treasury and the Office of the president” are searching for R40-billion in expenditure cuts from the..
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