South Africa protests: CEO arrested, suspended over looting
Qhawe Sithole (right), CEO and director of Ubuntu Wealth Management, is pictured following his arrest for allegedly taking part in looting in Durban, South Africa. PHOTO | COURTESY
The chief executive officer of a wealth, investment and asset management company in South Africa has been suspended for allegedly taking part in the looting and violence that have rocked the country over the last few days.
Mr Qhawe Sithole, CEO and director of Ubuntu Wealth Management, was arrested earlier for allegedly stealing alcohol, a bar stool, a washing machine and braai accessories in Umhlanga, Durban.
