Mining house Royal Bafokeng Platinum (RBPlat) has signed a one-year contract with its outgoing CEO and COO as a way to maintain stability with the tug of war to take over its operations intensifying. 

RBPlat said it had entered into an agreement with Steve Phiri, who was set to retire in early April, to retain his services as CEO and an executive director for 12 months, or “until certainty is attained with regard to the final outcome of the current corporate action”...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.