RBPlats extends Manenzhe’s interim appointment

26th September 2022 By: Creamer Media Reporter

Platinum group metals miner miner Royal Bafokeng Platinum (RBPlat) has extended Rotshidzwa Manenzhe’s appointment as interim CFO until the end of December, the JSE-listed company reported on Monday.

This comes as the long-stop date for the fulfilment of conditions relating to Impala Platinum’s (Implats’) mandatory offer process for RBPlat had been extended to November 22.

Manenzhe was appointed interim CFO on April 3 for a six-month period.

“Due to the ongoing Implats offer, the board has decided to pause the appointment of a full-time CFO and executive director until the conclusion of the Implats offer and the board has clarity on the direction of the company,” RBPlat said in a statement.

Implats said on September 19 that it held a 40.11% interest in RBPlat.