Maphai to succeed Moloko as Sibanye chairperson

Sello Moloko will step down as chairperson of JSE- and NYSE-listed Sibanye-Stillwater, effective September 30, and will be succeeded by nonexecutive director Dr Vincent Maphai, whose appointment is effective June 1.

A statement by the miner on Wednesday said Moloko wants to focus on his other responsibilities and the ongoing development of Thesele Group, a company he founded in 2005.