Despite the best efforts of Oceana management and its public relations team to smooth over shareholder and market concerns, it is very rare that there is no fire where there’s smoke. And the smoke signals continue unabated.
Two weeks ago, CEO Imraan Soomra resigned “for personal reasons”. The company admitted that he was in the process of being investigated by the board when he resigned, but did not want to tellwhether he had been paid in lieu of the six-month notice period in line with his employment contract. “Further, she has expressly not been part of the Oceana board and management team that has engaged the JSE on anything pertaining to the current challenges the company is facing, the most pressing of which is the publication of its results.”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Here are all the major US and European companies pulling out of Russia following the invasion of UkraineCompanies from around the world are pulling out of Russia as the country plunges into economic free fall following its invasion of Ukraine.
Source: BISouthAfrica - 🏆 34. / 51 Read more »
‘Shameless corruption’ – Bosasa’s way of doing business with the state‘Shameless corruption’ – Bosasa’s way of doing business with the state - Zondo’s third report finds company bribed its way to huge profits from state business worth hundreds of millions of rands Couple of months ago I came across a recommendation about Arnoldnike93 wealth how he helped investors to earn lots of money with their investments. and I decided to give a trial with the little I have. Now my little has turned into something great which was not my expectation Battlefield of World War 3 will be in the Middle East, and the war will be between allies of USA and Israel against allies of Russia. A dream of Muhammad Qasim about World War 3. You sow that you were all losing it on Ukraine and Russia propaganda supporting Racist Ukrainian.. now you back with insumansumane yamanga ... nihlangene noZondo uses our tax to fights his personal ego with Our money
Source: mailandguardian - 🏆 2. / 92 Read more »