His departure comes amidst an unfolding scandal involving allegations of corruption, mismanagement, and a controversial exit package for the suspended CEO, Thabo Thamane. Dr Tsheboeng’s resignation follows weeks of public outcry and mounting pressure over the handling of Thamane’s suspension and the proposed lucrative separation package. Thamane, who has led CEDA since January 1, 2011, was suspended by the Minister of Trade and Entrepreneurship, Tiroeaone Ntsima, to allow for a forensic audit into allegations of corruption and mismanagement at the agency. However, reports suggest that just a day after his suspension, Thamane wrote to the CEDA board, complaining that his suspension was carried out without the board’s recommendation.
He allegedly requested a mutual separation package, which the board reportedly considered in an alleged secret meeting. The proposed package, described as excessive, includes benefits such as monthly internet and fuel allowances for the remaining 11 months of his contract. Critics have argued that the package is an attempt to avoid disciplinary action against Thamane, who is under investigation by the Directorate on Corruption and Economic Crime (DCEC). The scandal has also drawn attention to a petition submitted by former CEDA employees, alleging abuse, harassment, and wrongful dismissal. The petition calls for compensation or reinstatement and highlights concerns about the sale of properties belonging to former employees. Dr Tsheboeng, who had previously denied allegations of a proposed exit package for Thamane, has not publicly disclosed the reasons for his resignation. In a statement last week, he refuted claims of the package, stating, “There is no truth in the allegations. Also, if there was any truth, I wouldn't discuss such with you because it would be contractual issues between Thamane and CEDA and not for the media”. The resignation has sparked mixed reactions. Some see it as a step towards accountability, whilst others fear it may further destabilise the agency.
The forensic audit, announced by Minister Ntsima late last year, is expected to examine a wide range of issues, including financial mismanagement, procurement processes, and allegations of corruption. The scandal has drawn widespread public attention, with over 20,000 people signing an online petition led by Setlhomo Tshwanelang calling for a full investigation into CEDA’s operations. The petitioners have demanded the suspension of the entire CEDA executive and board to ensure a transparent and unbiased investigation. As the investigation continues, Tsheboeng's resignation marks a significant moment in the ongoing saga at CEDA. Efforts to reach Tsheboeng for comment on his resignation were unsuccessful at the time of publication. Minister for Trade and Entrepreneurship Tiroeaone Ntsima has since confirmed the resignation. He, however, couldn't be drawn into discussing the reasons.
