Mminele departure a blow to black execs

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
0:00
play article
Subscribers can listen to this article
This week’s resignation of Absa Group CEO Daniel Mminele is indicative of systematic risks, a lack of strategic support for executives and lack of successful planning at the Absa Group. Picture: Gallo/Images/Foto24.
This week’s resignation of Absa Group CEO Daniel Mminele is indicative of systematic risks, a lack of strategic support for executives and lack of successful planning at the Absa Group. Picture: Gallo/Images/Foto24.

BUSINESS

Black Management Forum (BMF) president Andile Nomlala said on Friday that he had spent the past two weeks at Absa’s offices and described the problem at the group as a prevailing culture presided over by executives.

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in

E-Editions

Read the digital editions of City Press here.
Read now
Voting Booth
ANC secretary-general Ace Magashule has written a letter suspending party president Cyril Ramaphosa in apparent retaliation after he was served with a letter of suspension on Wednesday.
Please select an option Oops! Something went wrong, please try again later.
Results
He doesn't have the power
34% - 97 votes
It’s a declaration of war
24% - 68 votes
Nothing but a distraction
41% - 117 votes
Vote