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Cape Town - Sekunjalo Investments [JSE:SKJ] announced through the Johannesburg Stock Exchange News Service on Thursday evening that Iqbal Survé has stepped down as its chairperson.
According to a report in BizNews.com, Survé said his resignation from the JSE-listed company lacks the drama ascribed to it by his critics and he felt he 'needed to give the management team the opportunity to get out of my shadow" .
Although stepping down from the board of directors, he will not be be selling the 55% stake his privately-owned business has in the R650m listed company, according to the report.
A controversial figure, Survé slammed rumblings of political ties and maintained that they were irrelevant to his role in the South African media industry, The Star reported earlier.
According to a report in BizNews.com, Survé said his resignation from the JSE-listed company lacks the drama ascribed to it by his critics and he felt he 'needed to give the management team the opportunity to get out of my shadow" .
Although stepping down from the board of directors, he will not be be selling the 55% stake his privately-owned business has in the R650m listed company, according to the report.
A controversial figure, Survé slammed rumblings of political ties and maintained that they were irrelevant to his role in the South African media industry, The Star reported earlier.
"I'm never going to apologise for my role in the struggle," Survé reportedly said. "If that makes me a political person, so be it. But we fought for democracy, so that we could have a voice in this country."
