Cresta MD resigns amid scandal

Friday, December 02, 2016

Cresta Marakanelo managing director, Tawanda Makaya has resigned from the company with immediate effect, the hospitality concern announced yesterday.

Makaya’s resignation follows reports of misappropriation of funds at the company which resulted in the chief finance officer, Valentine Mganga dismissed from work last month.

In a statement, Cresta board chairperson, Maria Nthebolan said the process of identifying a new managing director and chief finance officer to lead the business will commence shortly.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Black gold: Minergy is one of the MDCB’s investments through a convertible loan. The coal mine is eyeing a turnaround in fortunes this year PIC: MINERGYCOAL.COM

Faulty gadgets top complaints to BOCRA

Mbongeni Mguni | 11 h ago

Civil Society fights 'flawed' constitutional amendment

Innocent Selatlhwa | 2d ago

Civil Society calls for Constitution review governing Act

Innocent Selatlhwa | 2d ago

IEC rejects 2,513 registrations

Innocent Selatlhwa | 2d ago

Motshegwa prevails against detractors

Goitsemodimo Kaelo | 2d ago

Serowe woman ingests acid, attempts suicide

Pini Bothoko | 2d ago

Serowe man 'loses' P1m in trading

Pini Bothoko | 2d ago

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

The Monitor Editor | 23 April 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

Cresta MD resigns amid scandal

Cresta Marakanelo managing director, Tawanda Makaya has resigned from the company with immediate effect, the hospitality concern announced yesterday.

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Serowe man 'loses' P1m in trading

Inspect the voters' roll!