Business Day has reported that the editor of the Financial Mail, Barney Mthombothi, has resigned. Mthombothi has edited the publication for eight years.
Mthombothi told staff on Wednesday that he was leaving on Friday, and that although he was “very sad”, it was “time to go” as he has “been here for far too long”.
There is much action at the Times Media Group, part-owner of BDFM, in terms of staff turnover. The news about Mthombothi follows the recent announcement that Sunday Times editor Ray Hartley was leaving, to be replaced by The Times editor, Phylicia Oppelt. Deputy editor of the Sunday Times, Marvin Meintjies will take over Sunday World in March.
Former editor of Business Day, Peter Bruce, has taken over the role of publisher of BDFM while his former deputy, Pearl Sebalao is still acting editor of Business Day. Max Gerbhardt will take on the role of acting editor of the Financial Mail until a new editor is announced.
“We greatly regret losing a colleague of this calibre. We wish Barney only the very best and we will jealously guard the integrity with which he edited the Financial Mail,” BDFM publisher Peter Bruce said on BDlive.