As the alleged wrongdoing at Bishops Diocesan College shows, equating wealth with virtue is a bad idea, writes Helena Wasserman.
Sprinkles early. Morning clouds. Mild.
In a statement on Wednesday, Minister of Finance Tito Mboweni announced an interim board of directors at the Public Investment Corporation, which includes former Absa boss Maria Ramos.
South African Airways has a newly constituted board and chair following the removal of the controversial Dudu Myeni.
Oakbay Resources has appointed a new chief executive to replace a member of the Gupta family, following allegations over political influence.
The Department of Energy has appointed Thabane Zulu, who has moved from the Department of Human Settlements, as its new director general.
Morrisons has named Tesco veteran Andrew Higginson as its next chair , turning up the heat on chief executive Dalton Philips.
National broadcaster the SABC has appointed Madoda Mxakwe as its new Group Chief Executive Officer and Yolande van Biljon as the new Chief Financial Officer.
Old Mutual Wealth has appointed Tim Tookey as its new chief financial officer.
World's top steel producer ArcelorMittal's SA unit has named a new chief executive to help the loss-making company battle with cheap imports and rising costs.
Credit Suisse has poached Prudential boss Tidjane Thiam to replace chief executive Brady Dougan so that it can push into wealth management of Asian multi-millionaires.
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