Tag: resignation
Turbulence as SAA board chair Magwaza tenders his resignation
Embattled national carrier South African Airways (SAA) was yesterday thrown into further turmoil with the resignation of board chairperson Johannes Magwaza.
His resignation came hardly...
SAA CEO cites lack of support from government as reason for resignation
Newly reappointed Public Enterprises Minister Pravin Gordhan received a further blow on Sunday with the shock resignation of South African Airways (SAA) chief executive...
Steinhoff shares fall 61% on opening after CEO resigns amid ‘irregularities’
Shares in Steinhoff International Holdings NV fell as much 61% at opening on the JSE on Wednesday following the resignation of the company’s CEO...
Aveng CEO resigns with immediate effect
Kobus Verster, the chief executive officer, of South African construction firm Aveng will resign with immediate effect after the company reported a wider full-year loss...
Standard Bank CEO Ben Kruger to step down
Following a carefully planned management succession process Standard Bank Group announces changes to its current joint-group chief executive structure. The board is satisfied that...
First Tito Mboweni quits cement producer PPC’s board then CEO
PPC’s CEO Darryll Castle has resigned less than a week after Tito Mboweni stepped down from the board. According to Business Day, Mboweni allegedly quit...
Dr. Rob Adam resigns as President of NIASA
The Nuclear Industry Association of South Africa (NIASA) has officially announced the resignation of its long servicing president, Dr. Rob Adam. He steps down...
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Cummins secures contract to maintain Transnet’s aging tugboat fleet
By Larry Claasen
CUMMINS’ seven-year contract to maintain Transnet’s tugboats not only cements its decades-long relationship with the transport authority but also positions the company...