Sygnia hits back as ex-employee takes legal battle against Magda Wierzycka to ConCourt
Asset manager Sygnia has hit back at allegations by a former employee against its co-founder and CEO Magda Wierzycka .
The allegations stem from a labour dispute between the company and former employee Lesedi Kelatwang. According to his court papers, he claims Wierzycka confronted him in February 2019 about BEE issues he had raised, and proceeded to accuse him of calling her a racist. Kelatwang alleges this confrontation resulted in him being retrenched in apparent retaliation for his promotion of the BEE agenda.
After being dismissed with effect from 31 May 2019, Kelatwang took Sygnia to the Commission for Conciliation, Mediation, and Arbitration , which found his dismissal for operational reasons was both substantively and procedurally fair.South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism.
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