Appointment as Director and Chairman: Mr Lazarus Zim
Northam is pleased to announce that following the resignation of Mr Tokyo Sexwale, Mr Lazarus Zim has been appointed a non-executive director and chairman of the board of directors of the company with effect from 25 April 2007.
Mr Zim recently succeeded Mr Sexwale as chairman of Mvelaphanda Resources which has a stake of some 21,9% in Northam. He was voted African Business Leader of the Year in 2005 and is the current president of the Chamber of Mines.
Former positions held by Mr Zim are, amongst others, managing director of MTN International, chief executive of MIH South Africa (responsible for M-Net, Supersport and Multichoice South Africa) and chief executive of Anglo American South Africa.
2 May 2007