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Oceana, which is dealing with issues around delayed results, axing of senior staff as well as suspensions and resignations, including by PwC as its auditor, has announced the appointment of a new company secretary.
Oceana has fired its chief financial officer after she was found guilt of gross misconduct as part of a disciplinary process.
Oceana’s revenue declined by 11% to R3.179 billion in the six months to end-March, with its headline profit halving to R153 million
PwC resigned as Oceana's auditor late on Friday, after a turbulent few months.
PwC has resigned as external auditor of Oceana because of a "strained" relationship with the company, and a lack of transparent communication with the board.