Comrades Marathon veterans revolt, call SGM, after board level corruption, incompetence exposed

Loading player...
The world’s most famous ultra-distance race, KZN’s Comrades Marathon, is hosting an acrimonious battle between runners and the race’s board of directors who are accused of industrial-scale corruption. The catalyst was an allegedly unfair dismissal of admired race manager Ann Ashworth after she exposed blatant skimming by board members of cash meant to be invested in sports development. A special general meeting will be held in Pietermaritzburg this week with its instigators intending to oust two of four board members accused of lining their own pockets. Comrades veteran and blogger Stuart Mann shared the story with BizNews editor Alec Hogg.

Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

Join us for BizNews’ first investment-focused conference on Thursday, 12 September, in Hermanus, featuring top experts like Frans Cronje, Piet Viljoen, and more. Get insights on electricity and exploiting SA’s gas bounty from new and familiar faces. Register here.
14 Aug 2024 9AM English South Africa Investing · Business News

Other recent episodes

Director's Cut: BEE is breaking South Africa - Gerhard Papenfus v Gwede Mantashe

In this candid and hard-hitting interview, Alec Hogg speaks to Gerhard Papenfus, CEO of the National Employers’ Association of South Africa, about his open letter condemning Black Economic Empowerment. Papenfus argues that BEE has distorted markets, damaged entrepreneurship, and entrenched elitism rather than broad-based upliftment. He challenges prevailing political narratives,…
20 Jan 5AM 37 min

Jabulani Khumalo - Zuma is “trying to build his own military wing”

In his latest interview with BizNews, MKP Founder Jabulani Khumalo warns that former President Jacob Zuma could be trying to build his own military wing. He spoke to Chris Steyn about a leaked letter purportedly written by Zuma to the Russian Defence Minister in which he stated that the 18…
20 Jan 10AM 10 min