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Independent Media reports that the Passenger Rail Agency of SA (Prasa) has made a settlement offer to its dismissed chief finance officer (CFO) Japhtalina Lesibana Fosu.
This was announced by Prasa board chairperson Leonard Ramatlakane on Tuesday. The agency appointed Krishna Govender in May 2020 as its acting CFO following the departure of Fosu. Briefing MPs on the agency’s annual report, Ramatlakane said the board, which was appointed in October, inherited a dispute with the previous CFO, whom he said “was in fact fired”. He stated: “We could not fill the position until the dispute has been resolved. Currently, we have made a proposal to settle with this particular individual so that we are able to advertise. That proposal, I have seen, has gone to lawyers of that individual - we wait for her to accept the offer that has been made so that we are able to advertise.” Board member Smanga Sethene said the board had since agreed that the position of the CFO should be advertised. “We are going to ensure that is done possibly before the end of next week to ensure we have a CFO that is up to the task moving forward,” Sethene advised. The planned search for a CFO takes place hot on the heels of the announcement of Zolani Matthews as the new CEO after Cabinet approval last week. On Tuesday, Ramatlakane told MPs that they were finalising matters related to Matthews’ contract.
- Read the full original of the report in the above regard by Mayibongwe Maqhina at Independent Media
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