HCI names acting head of unit after Golding’s departure

Hosken Consolidated Investments has appointed Chief Financial Officer Kevin Govender as the acting chief executive of its Sabido unit, HCI’s CEO said on Thursday, following the high-profile exit of another executive.

HCI shares hit after chairman suspended

Shares of South Africa’s Hosken Consolidated Investments (HCI) fell as much as 6 percent after the firm suspended its executive chairman over alleged “gross misconduct”