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HCI NAMES ACTING HEAD OF UNIT AFTER GOLDINGS’S DEPARTURE

CAPE TOWN (Reuters) – South Africa’s Hosken Consolidated Investments has appointed Chief Financial Officer Kevin Govender as the acting chief executive of its Sabido unit, HCI’s CEO said on Thursday, following the high-profile exit of another executive.

Marcel Golding resigned as executive chairman of HCI and chief executive of its Sabido unit this week following a tussle with the board that he said was over editorial independence at South Africa’s only free-to-air private broadcaster, a group company.

The spat has raised questions and fueled debate about media freedom in South Africa.

Source: BizNews.com