Matsheka to quit CEDA for Aon
Wednesday, May 19, 2010
In a telephone interview yesterday, CEDA Chairman Lucas Gakale confirmed the move and said Matsheka, who has been at the agency since March 2003, was currently serving notice until end of June.
"Yes, he is leaving," Gakale said. "He is currently serving notice until the end of next month. His replacement will be found through a recruitment process and we should be flighting the adverts for the position very soon."
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...