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Johannesburg - Business Unity SA (Busa) is going ahead with a selection process for appointing a new chief executive, despite the demand by the Black Management Forum (BMF) that it, the BMF, should have the say regarding the appointment.
On Thursday Busa’s executive committee and its controlling body formally announced that it would resist pressure from the BMF and its president, Jimmy Manyi – who is also chief spokesperson for government – regarding the appointment.
Busa has received 22 applications for the position and has appointed recruitment agency Heidrick & Struggles to handle the selection process, said Busa President Futhi Mathoba at a press conference in Sandton on Thursday.
Deputy chief executive Professor Raymond Parsons has been appointed acting chief executive of Busa until the process is finalised.
On Thursday Manyi refused to comment on the written revelations and witness accounts of his threats and other forms of pressure on Busa to abandon the selection process and appoint a candidate nominated by the BMF.
He claimed it had not been his personal view, but simply the view of the black caucus within Busa that he was conveying.
Other Busa sources have handed Sake24 minutes of a Busa management meeting on May 10 this year in which it appears that Mthunzi Mdwaba, one of Busa’s vice-presidents, had drawn up the job description of the new chief executive.
Mdwaba subsequently presented herself as a candidate for the position. This, according to Sake24’s sources, is the BMF’s most significant objection to the process agreed upon by Busa.
It’s a question of corporate governance, said the source, who wishes to remain anonymous.
Other Busa sources pointed out that Manyi and the BMF had objected to the process and begun threatening long before Mdwaba made herself available for the position.
The BMF was clutching at a smokescreen, reckoned the source, explaining that the true problem was an overemphasis on process for the sake of power, instead of a focus on the substance of the problems of the organised business sector.
On Thursday Sake24 published extracts from a letter in which the BMF warned Busa to select a candidate put forward by the black caucus. In the letter the BMF said that if Busa failed to appoint one of its proposed candidates, the BMF could withdraw its support from Busa.
- Sake24
For business news in Afrikaans, go to Sake24.com.
On Thursday Busa’s executive committee and its controlling body formally announced that it would resist pressure from the BMF and its president, Jimmy Manyi – who is also chief spokesperson for government – regarding the appointment.
Busa has received 22 applications for the position and has appointed recruitment agency Heidrick & Struggles to handle the selection process, said Busa President Futhi Mathoba at a press conference in Sandton on Thursday.
Deputy chief executive Professor Raymond Parsons has been appointed acting chief executive of Busa until the process is finalised.
On Thursday Manyi refused to comment on the written revelations and witness accounts of his threats and other forms of pressure on Busa to abandon the selection process and appoint a candidate nominated by the BMF.
He claimed it had not been his personal view, but simply the view of the black caucus within Busa that he was conveying.
Other Busa sources have handed Sake24 minutes of a Busa management meeting on May 10 this year in which it appears that Mthunzi Mdwaba, one of Busa’s vice-presidents, had drawn up the job description of the new chief executive.
Mdwaba subsequently presented herself as a candidate for the position. This, according to Sake24’s sources, is the BMF’s most significant objection to the process agreed upon by Busa.
It’s a question of corporate governance, said the source, who wishes to remain anonymous.
Other Busa sources pointed out that Manyi and the BMF had objected to the process and begun threatening long before Mdwaba made herself available for the position.
The BMF was clutching at a smokescreen, reckoned the source, explaining that the true problem was an overemphasis on process for the sake of power, instead of a focus on the substance of the problems of the organised business sector.
On Thursday Sake24 published extracts from a letter in which the BMF warned Busa to select a candidate put forward by the black caucus. In the letter the BMF said that if Busa failed to appoint one of its proposed candidates, the BMF could withdraw its support from Busa.
- Sake24
For business news in Afrikaans, go to Sake24.com.
