Chairman of S.Africa's HCI steps down - CNBC Africa

Chairman of S.Africa's HCI steps down

Southern Africa

by Reuters 0

Marcel Golding steps down as chairman of HCI. PHOTO: Etv

This is according to an e-mail he sent to staff on Monday, citing an "intolerable" relationship with the board of the investment firm.

(READ MORE: Court rules against eTV's Golding)

"The relationship of confidence and trust between myself and the board of HCI has broken down due to the manner in which the [DATA HCI:HCI] board has conducted itself," Marcel Golding said in the e-mail seen by Reuters.

(READ MORE: Has Golding's suspension been about the control of eTV all along)

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