Cresta MD resigns amid scandal

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.

Editor's Comment
The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

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