Sipho Pityana Issue: How Do Boards Work?

According to reports, Sipho Pityana - who’s been fired as director on the boards of Absa - is going full steam ahead to challenge his dismissal. Pityana failed to convince the board that suing the Reserve Bank’s Prudential Authority did not harm the banking group. This raises questions around how boards function and who is in the right in this situation. We speak to Zwelakhe Mnguni, Chief Investment Officer And Co-Founder Benguela Global Fund.