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AccessMyLibrary    Browse    A    Asia Africa Intelligence Wire    AUG-02    SPOORNET CEO DEMOTED.

SPOORNET CEO DEMOTED.

Publication: Asia Africa Intelligence Wire

Publication Date: 08-AUG-02
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COPYRIGHT 2002 Financial Times Ltd.

(From SAPA (South African Press Association))

(REPEATS FOR THOSE NEEDING) Spoornet's CEO Zandile Jakavula and the company's executive manager for asset protection, Chain Vilakazi, have been demoted, Transnet said on Thursday. This follows a disciplinary hearing into allegations that the two acted inappropriately when Jakavula purchased a Spoornet-owned house in Port Alfred in the Eastern Cape. Transnet group CEO Mafika Mkwanazi said the two had been issued with a final...

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