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In reading an obituary of former newspaper editor Tony Heard recently I could not help feeling sad remembering that there were once leaders in the corporate sector who would risk everything to hold authorities to account.
There were ethical leaders who were not just focused on making themselves into billionaires, avoiding rocking the boat and spoiling the party. Now they look the other way while politicians wreck the backbone of the economy. They do nothing as corruption becomes endemic.
The only difference between the current corporate leadership and Steinhoff’s Markus Jooste is that Jooste crossed a line. But their pursuit of ugly personal wealth is exactly the same.
Richard Bryant Via BusinessLIVE
JOIN THE DISCUSSION: Send us an email with your comments to letters@businesslive.co.za. Letters of more than 300 words will be edited for length. Anonymous correspondence will not be published. Writers should include a daytime telephone number.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
LETTER: Looking the other way
Where are our ethical corporate leaders?
Peter Bruce’s most recent column refers (“Success is impossible when there’s only one route”, April 4).
In reading an obituary of former newspaper editor Tony Heard recently I could not help feeling sad remembering that there were once leaders in the corporate sector who would risk everything to hold authorities to account.
There were ethical leaders who were not just focused on making themselves into billionaires, avoiding rocking the boat and spoiling the party. Now they look the other way while politicians wreck the backbone of the economy. They do nothing as corruption becomes endemic.
The only difference between the current corporate leadership and Steinhoff’s Markus Jooste is that Jooste crossed a line. But their pursuit of ugly personal wealth is exactly the same.
Richard Bryant
Via BusinessLIVE
JOIN THE DISCUSSION: Send us an email with your comments to letters@businesslive.co.za. Letters of more than 300 words will be edited for length. Anonymous correspondence will not be published. Writers should include a daytime telephone number.
PETER BRUCE: Success is impossible when there’s only one route
Windfall for ‘Big Blue’ executives after surge in profit and dividends
EDITORIAL: Jooste’s death deprives SA of the chance to learn Steinhoff’s lessons
PODCAST: When business stops trying
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