Share

Nafcoc members expelled

Johannesburg - Nafcoc has expelled its former president Lawrence Mavundla and several others for bringing the organisation into disrepute.

"In line with the resolution, letters of termination have been served on all the affected individuals," National Federated Chamber of Commerce and Industry president Joe Hlongwane said in a statement on Tuesday.

"The expelled individuals are accordingly no longer members of Nafcoc and do not represent Nafcoc in any capacity."

The expelled group included Sonyosi Stephens Sikhosana, Churchill Mrasi, Teme Emmanuel Letsoela, Sekwamo Gilbert Mosena, Daniel Kotze and Chuma Shweni.

Mavundla was removed by a group led by Hlongwane at a meeting in December last year.

The meeting passed a vote of no confidence in the executive led by Mavundla as the president, elected Hlongwane as president and a new executive.

In February, Mavundla and his group lost in the High Court in Johannesburg to have Hlongwane's leadership declared invalid.

Hlongwane said the group failed to produce properly audited annual financial statements since 2009, account for funds received from the chamber's investment arm Nafhold, pay Nafcoc's liabilities to the SA Revenue Service and also sowed division in the organisation by attempting to create parallel structures.


We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.00
-0.5%
Rand - Pound
23.95
-0.3%
Rand - Euro
20.51
-0.2%
Rand - Aus dollar
12.34
+0.1%
Rand - Yen
0.13
-0.5%
Platinum
895.30
-0.2%
Palladium
991.47
-1.0%
Gold
2,196.11
+0.1%
Silver
24.46
-0.8%
Brent Crude
86.09
-0.2%
Top 40
67,818
+0.2%
All Share
74,028
+0.2%
Resource 10
56,225
+1.0%
Industrial 25
103,464
+0.2%
Financial 15
16,455
-0.4%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders