BMF urges black execs not to apply for top jobs
at state-owned companies
The Black Management Forum has urged black executives not to apply for senior positions at state-owned companies.
This comes in the wake of the resignations of SAA CEO Vuyani Jarana and Eskom CEO Phakamani Hadebe in the last week.
BMF president Andile Nomlala called on black executives not to apply for positions such as chief financial officer or chief executive officer until the government has developed a clear governance framework for "these critical public institutions".