RBPlat keeps CEO and COO for one year in face of pending takeover
Mining house aims to maintain stability amid Implats and Northam bidding war
27 April 2022 - 19:38
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”...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
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.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.