Long-serving unionist Katishi Masemola has again been fired by the Food and Allied Workers Union (Fawu) after an independent investigation found him guilty of financial impropriety amounting to R20m.
An investigation is pending into how Fawu lost about R19.2m which subsequently led to write-offs in the Basebenzi Investment Group, Fawu’s investment wing, in which Masemola was a director and former acting CEO...
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now