Stafford Masie, technology investor, advisor and executive MBA lecturer. (Source: Stafford Masie, with new background) WGW Capital and other shareholders have forced Africa Bitcoin Corporation (ABC) interim CEO Stafford Masie and three other directors off the board, with Masie also stepping down as CEO at the end of February. This follows a supplementary demand by…
Stafford Masie Four of Africa Bitcoin Corporation’s six directors, including chair Norma Sephuma and interim CEO Stafford Masie, have resigned after a shareholder group led by WGW Capital moved to have them voted off the board. The JSE-listed bitcoin treasury company is left with two directors. In a stock exchange announcement on Monday, the company…
Toluna, a global leader in consumer insights and market research technology, today announces a planned leadership transition. After 25 years leading the company he founded, Frédéric Charles Petit, Founder and Chief Executive Officer, intends to transition from his role as CEO following the appointment of his successor as part of a carefully planned succession process…
Seacom CEO Alpheus Mangale Alpheus Mangale, the Seacom CEO who has been placed on special leave pending an independent investigation, has resigned from the board of Absa Group with immediate effect. In an investor statement late on Thursday, Absa said Mangale had resigned as an independent non-executive director, effective 8 October, “due to personal reasons…
Alpheus Mangale became independent non-executive director of Absa Group in July 2023. (Image source: iStock) Alpheus Mangale has resigned as an independent non-executive director of Absa Group. According to a notice to Absa shareholders, he cited personal reasons and future commitments. The resignation comes as Mangale remains on special leave from Seacom, where he serves…
MTN Group CEO Ralph Mupita. MTN Group president and CEO Ralph Mupita has been re-elected to the GSM Association (GSMA) board of directors, for the 2027–2028 term. This, after joining the board last year as deputy chairperson. “It is a privilege to continue serving on the GSMA board,” says Mupita. “This term comes as AI…
US authorities are searching for six people after a medical plane bound for Boston, Massachusetts, went missing early Saturday morning. The Federal Aviation Administration told the BBC that it lost contact with the Gulfstream G-100 plane and put out a search-and-rescue notice just after 1:00 local time (6:00 GMT). An air and water search is…
Nashville’s airport authority board unanimously voted Friday to begin the process to rename the city’s airport to honor late country music legend and Tennessee icon Dolly Parton. The vote by the Metropolitan Nashville Airport Authority did not establish a new name for Nashville International Airport, but it begins the process, the board said in a…
Former JSE CEO Leila Fourie joins Vodacom Group board. (Image source: WEF) JSE-listed company Vodacom Group has appointed Leila Fourie as an alternate director to the chairman, Saki Macozoma, effective 9 October. In a SENS statement today, Vodacom says Fourie will serve as an alternate director until Macozoma’s retirement on 20 July 2027, whereafter she…
The board of German car giant Volkswagen has approved a plan to cut another 50,000 jobs as part of the biggest restructuring in the group’s almost nine-decade history. It brings the total number of roles the carmaker plans to shed by 2030 to 100,000, after announcing in March that it would cut 50,000 roles. The…
