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Boas Seruwe, the axed CEO of Daybreak Farms, says he believes he will be reinstated as the head of the state-owned chicken producer when his dismissal comes before the Commission for Conciliation, Mediation, and Arbitration (CCMA) next month.
Seruwe was suspended from his position as Daybreak CEO in mid-January pending an investigation into allegations of wrongdoing. He was fired in early May. Support independent journalism Subscribe to News24 for just R75 per month to read all our investigative and in-depth journalism. Subscribe
Poultry execs flag PIC brass links PIC company secretary Bongani Mathebula has been drawn into a battle for control over poultry products company Daybreak Farms 06 June 2021 - 00:09 By SABELO SKITI
Paying R4.8m to a company for two months’ work and quadrupling the fees paid to a connected law firm which also received R500,000 to design a PDF document are among the allegations levelled against the new board of Daybreak Farms.
The company is wholly owned by the Public Investment Corporation (PIC), which is tasked with investing the pensions of government employees.
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