Retail giant Shoprite has appointed Absa Group chairperson Wendy Lucas-Bull as the retailer’s chairperson designate.
Lucas-Bul replaces long time chairperson and founder Christo Wiese. Wiese is credited with expanding what was a small supermarket chain store into a pan-African retail giant.
He will remain on the board as a non-executive member.
Last November Shoprite said the board was of the view that in line with good corporate governance, the next group chairperson should be independent.
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Khanyi Mbau has come to Somizi’s defence after social media expressed their disapproval of the way Somgaga ‘takes every job.’ Mohale recently came under fire after it was announced that he will be joining Rhythm City for simply being Somizi’s husband. Learn more
Source: eNCA
