Posts tagged with 'resignation'

 

SAA director resigns from his post amid crisis at state entity

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SAA director Martin Kingston resigned from his post, and the move was welcomed by the communist-minded Numsa union as well as the trade union Sacca.

The two unions also said the rest of SAA directors should follow Kingston’s example and submit their resignations.

Kingston’s resignation comes after Bloomberg said in his report there is no reason why the director should be on the board.

Kingston apparently decided to resign when the company was placed under rescue because of the extremely poor results being delivered.

The shipping company is still waiting for Treasury to pay the promised R2bn earmarked to keep SAA afloat and is the second part of the R4bn initially promised to the shipping company by the government.

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Sasol loses 44% of value – CEO’s obliged to resign after controversial Lake Charles Chemicals Project

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The CEOs of the Sasol, Bongani Nqwababa and Stephen Cornell agreed to resign after an independent investigation into a highly controversial US project.

The so-called Lake Charles Chemicals Project, which is said to have seven production units that would produce different chemical products, one of which is a type of plastic, would have cost as much as $ 12 billion (about R190 billion).

Over the past year, the company lost about 44% of its value, reflecting directly on the two joint executives and triggering their resignations.

The independent investigation found that the two heads were directly responsible for the controversial projects, and were persuaded to resign after negotiations.

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Leftish DA is falling apart, even the leader has left his flock – Wondering what the future holds for the party

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The leftist DA who has just received his leader’s resignation is likely to be further harassed by Maimane, who did not hesitate to accuse the party of being an “ordinary member”.

Maimane said the DA was “not a party for everyone” and thus opened the door to forfeit his position as a member of parliament.

Maimane led the party for four years, and his statement that the party “is not the vehicle best built to build his vision for SA” gives the impression that he will leave the DA at a better time and establish his own party.

Informed sources claim that his remarks were not well received in the DA caucus, and even had negative consequences in the social network.

Maimane has been widely criticized for failing in the general election, and is accused of failing to create a new vision for the DA.

In a later statement, the DA said Maimane could no longer lead the party in parliament, and unconfirmed reports indicate it came as retaliation from Helen Zille who no
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Zille denies that she is the cause of black exodus from DA

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With the election of Helen Zille as the DA’s Federal Chairman and the resignation of Herman Mashaba as mayor of Johannesburg, Zille denied allegations during a radio interview that she was the common denominator causing many black members to leave the party.

Accusations that a right-wing hijacking of the DA has taken place have been posted on social media. That the party is now suddenly returning to a so-called “white” control does not go down well with the voters on the street.

Political analysts reckon that the reaction of black members and supporters could lead to the total collapse of the left-wing party that has managed to present an image of non-racism.

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Johannesburg mayor Herman Mashaba announced his resignation from the DA and his job as mayor

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The expected resignation comes after former DA leader Helen Zille on Sunday won the vote for the powerful federal council chairperson position.

It is to our understands that Mashaba told a number of Gauteng leaders on Saturday night that he would quit his job should Zille win the hotly contested battle, which is second to the party leader position.

Zille was up against Athol Trollip, Mike Waters and Thomas Walters for the job.

It is understood that some DA leaders were trying to convince Mashaba to reconsider his position.

However, about two hours after the announcement of Zille’s victory, the City of Johannesburg issued a statement stating that Mashaba would be hosting a press conference on Monday morning. Further details were not provided.

A party insider confirmed that he had informed a group of the party’s Gauteng leaders, of his decision.

“He is resigning yesterday [Monday] … He told us Saturday that if these are the results, he is not prep
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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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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 confirmed that the resignation was received and accepted by the Board.

Sithole was appointed last year in place of Mthuthuzeli Swartz.

Photo – Sibusiso Sithole
Read the original article in Afrikaans on Die Vryburger
This report does not necessarily reflects the opinion of SA-news.

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