Economist Thabi Leoka Embroiled in Qualifications Scandal

Celebrated economist and businessperson Thabi Leoka has found herself at the center of a qualifications scandal, raising questions about her credentials. Leoka, who recently severed ties with investment vehicle Remgro, allegedly misrepresented her educational qualifications, with reports suggesting that she does not hold a PhD in economics from the London School of Economics (LSE) as she claimed.

The controversy surrounding Leoka’s qualifications was reportedly one of the reasons behind her departure from Remgro in December. Known for her expertise in economics, Leoka served on the boards of various companies, including Anglo American Platinum and MTN SA.

According to reliable sources, it has come to light that Leoka does not possess a PhD from the prestigious LSE, despite her claims. This revelation has called into question her academic credentials and raises concerns about her ability to fulfill her roles on various boards.

Leoka, known for her work in economic analysis and business strategy, has yet to respond to these allegations. As an influential figure in the business world, Leoka’s reputation may be tarnished if the allegations are proven to be true.

The controversy has come to the attention of Business Day, a leading news outlet in South Africa. Their investigation into Leoka’s qualifications has shed light on the issue, creating a wave of speculation and debate within the business community.

Remgro, the investment company associated with billionaire entrepreneur Johann Rupert, decided to part ways with Leoka in December. While the exact reasons for the separation were not initially disclosed, the qualifications scandal is believed to have played a role in the decision.

In addition to her position at Remgro, Leoka held directorships at companies such as Anglo American Platinum and MTN SA. The boards of these companies may now face pressure to reevaluate her involvement in light of the qualifications controversy.

The London School of Economics, where Leoka purportedly obtained her PhD, is renowned for its rigorous academic standards and esteemed faculty. If the allegations are proven true, Leoka’s misrepresentation of her educational qualifications could have serious consequences for her career and standing in the business community.