Redefine keeping an eye on Pityana’s public spats

The property group says shareholders have not commented on the conflict’s effect on its reputation

28 November 2021 - 00:00 By THABISO MOCHIKO

Property group Redefine says it is “closely monitoring” the public spat involving its chair, Sipho Pityana, who was this week fired from the Absa board for alleged dereliction of duty and is engaged in a high-profile legal battle with the Reserve Bank and the banking group.

Asked to comment on the implications for Redefine of its chair being embroiled in such a dispute, the company said the controversy, which relates to Pityana’s alleged conduct at another company, has not affected his duties as director and chair. ..

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.