Nafcoc to march today

Members of the National African Federated Chamber of Commerce will today march to the offices of its investment arm in protest against poor corporate governance.

Members of the National African Federated Chamber of Commerce will today march to the offices of its investment arm in protest against poor corporate governance.

Nafcoc president Buhle Mthethwa said members had lost confidence in investment arm Nafcoc Investment Holdings (Nafhold). Mthethwa said about 500 members were expected to march on Nafhold offices in Sandton to express their grievances.

Mthethwa said members would also demand the rsignation of Nafhold CEO Michael Leaf and chairperson Joe Hlongwane, who they accuse of withholding shares and dividends from shareholders. - Namhla Tshisela

X