Two Airports Company of SA (Acsa) directors, Steven Mabela and Siyakhula Simelane, have resigned from the board of the state-owned entity over what they call corporate governance issues and political interference with the work of the board. The two directors constitute the audit and risk committee of the board. If confirmed, their resignations would mean that the board had effectively collapsed. Acsa’s memorandum of incorporation requires a minimum of three directors. The Department of Transport has confirmed the resignations. In his letter of resignation sent to Transport Minister Blade Nzimande on Friday, Mabela also cited the department’s alleged unresponsiveness to governance issues and other concerns he had raised with the department. Simelane’s resignation follows a letter he wrote to Nzimande in which he expressed his concern over governance at Acsa as chairperson of the audit and risk committee, which oversees financial reporting and disclosure. The department and the Presid...

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