South Africa’s finance minister said the board of the continent’s largest asset manager briefed the government on a decision to suspend its CEO over alleged governance issues. The government will assess the information after discussions with the parties involved. The action raises near-term uncertainty around leadership and governance, but no financial figures or policy changes were provided.
South Africa’s finance minister said the board of the continent’s largest asset manager briefed the government on a decision to suspend its CEO over alleged governance issues. The government will assess the information after discussions with the parties involved. The action raises near-term uncertainty around leadership and governance, but no financial figures or policy changes were provided.
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