New BBS board lifts Molefe, Showa suspensions

The new board, meanwhile, has appointed former banker, Bernard Mzizi, as its chair and lifted the suspensions on managing director, Pius Molefe and company secretary, Sipho Showa. The two were suspended recently by the old Pelani Siwawa-Ndai led board after a bitter three week battle.

In statements released to the BSE today, the new board confirmed that Mzizi, together with Victor Ramalepa, Lebole Mokoto, Colm Patterson and Duraiswamy Kalynaraman won the five seats up for grabs at the AGM after final votes were tallied.