Busa clarifies confusion around CEO appointment

Business Unity South Africa (Busa) says there are no irregularities in the process to appoint a new chief executive for the organisation.

The business organisation on Friday responded to a newspaper article which, it says, left the public with the impression that Busa’s leadership acted in an “inappropriate” manner in recruiting a new chief executive officer (CEO).

Busa said it was still in the process of appointing a new CEO following the resignation of Jerry Vilakazi, who would leave the organisation on June 1. A Busa annual general meeting on May 31 would reveal the new CEO.

Busa president Futhi Mtoba said all the organisation’s processes were being followed and that the process of shortlisting candidates had been tasked to a recruitment agency.

One of the names submitted to the agency by a Busa member, according to Mtoba, was that of Mthunzi Mdwaba, the current Busa vice-president. Mdwaba, who has indicated he will run for the CEO position, has since recused himself from his current position to make himself available.


“The process for the recruitment of a CEO is on track and managed by the president of Busa, with the chairperson and Manco [management committee],” Mtoba said, adding that they remained confident an “appropriate” person would be appointed. — I-Net Bridge

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