Today's Labour News

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AlexanderForbesBusinessLive reports that Alexander Forbes CEO Andrew Darfoor has been fired, two years into the top job.  

In an unusual step, the company said in a statement on Tuesday that the board had lost confidence and trust in Darfoor, who was put in charge of the financial services group in September 2016.  Independent nonexecutive director Marilyn Ramplin will act as interim CEO while the company searches for a new boss to replace Darfoor, whose services have been terminated immediately.  Investors welcomed the news, with the share price jumping 6% in early trade on the JSE.

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