Latest News & Developments
African Rainbow Minerals (ARM) Platinum on Wednesday announced the appointment of Johan Christian Jansen as its acting CEO to replace Luthando Mkatshana until the permanent CEO has been appointed.
In a surprise move, Capitec Bank Holdings has appointed Graham Lee as its new CEO to succeed Gerrie Fourie, who retires in July 2025 after 25 years with the bank. Under Fourie's leadership, Capitec transformed from a challenger bank with 5 million clients to South Africa's leading digital financial services provider serving over 24 million. Lee brings extensive international experience across five countries and expertise in investment banking, financial technology, and microfinance to help chart the bank's future course
"The appointment of Prof John Lamola as South African Airways CEO faces criticism from opposition parties and industry bodies, while supporters defend his credentials and achievements in turning around the national carrier. The debate raises questions about political interference versus recognising local talent in state-owned enterprises
Professor John Lamola's official appointment as CEO of South African Airways marks a pivotal moment for the airline, promising enhanced financial stability and growth in the tourism sector.
Barloworld faces intensifying shareholder conflict after investors reject a R23 billion takeover bid from Saudi Arabia's Zahid consortium, sending shares tumbling 5% on the JSE. Key stakeholder Silchester International signals potential board and CEO challenge,