Mystery of former Remgro director Thabi Leoka's elusive PhD

Celebrated economist and businessperson Thabi Leoka has been caught up in a scandal over misrepresentation of qualifications — a development that was allegedly one of the reasons that she and Johann Rupert’s investment vehicle, Remgro, parted ways in December.

Business Day has it on good authority that Leoka, who serves on the boards of several companies, including Anglo American Platinum and MTN SA, does not hold a PhD in economics from the London School of Economics (LSE) as she claims...