Seifsa CEO Mr Kaizer Nyatsumba Resigns
IOL reported that the Steel and Engineering Industries Federation of Southern Africa confirmed last week that its chief executive Mr Kaizer Nyatsumba has resigned. Seifsa board chairman Mr Elias Monage said due to recent events, the parties reached an agreement to mutually separate.
Mr Nyatsumba joined Seifsa in November 2013 as chief executive officer. Mr Nyatsumba had been placed on precautionary suspension at the beginning of May.
Mr Nyatsumba, who has recently completed his PhD, had decided to return to his consulting company, KMN Consulting.