Molefe 'foils' board's new ouster strategy
Tuesday, April 20, 2021
In a statement to the building society’s shareholders today, Molefe said he had intended to reach out to the board members to forge a way forward but was disappointed to learn that the directors still wanted to dismiss him and Showa despite the High Court ruling.
Molefe and the board have fallen out in recent weeks over allegations that five directors are attempting to extend their terms beyond the April 30 AGM. The board resolved to dismiss Molefe and Showa two weeks ago, but Lobatse High Court judge Tebogo Tau, on Monday ruled that the meeting that took the decision was unconstitutionally convened.
It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...