Business Report Economy

Phosa appointed director of Jubilee Platinum

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Mathews Phosa has been appointed as non-executive director and deputy chairman of JSE-listed exploration and development company Jubilee Platinum.

The company said on Monday that 57-year-old Phosa -- who is treasurer general of the African National Congress -- had been appointed with immediate effect.

"He served as premier of Mpumalanga from 1994 to 1999 where he pioneered planning interaction between the private sector and government.

"He serves on the National Executive Committee of the ANC, is treasurer general of the ANC and currently holds chairman, vice-chairman and board member duties in a number of prominent South African companies including Vuka Forrest Holdings Pty Ltd, the University of South Africa and Technikon Southern Africa Council," the company said in a statement.

Leon Coetzer was appointed managing director of Smelting and Refining with immediate effect.

"We are delighted to have on board Dr Mathews Phosa and Leon Coetzer, who together bring top-drawer experience from industry and government," said Colin Bird, CEO of Jubilee. - Sapa

Phosa appointed director of Jubilee Platinum