6th Feb 2009 08:23
ANNOUNCEMENT 6 FEBRUARY 2009
APPOINTMENT OF EXECUTIVE DIRECTOR
Coal of Africa Limited ("CoAL" or "Company"), the AIM/ASX/JSE listed coal development company operating in South Africa (ticker: CZA), is pleased to announce the appointment of Professor Ntshengedzeni Alfred Nevhutanda as executive director, effective immediately.
Professor Nevhutanda holds two PhD degrees (Educational Environment and Arts Culture), a Diploma in Management Studies and an MBA and has been actively involved in a number of diversified businesses. His areas of competency include corporate governance, business development, strategic planning, leadership and strategy formulation.
As a Broad Based Black Economic Empowerment opinion leader and analyst of note in socio-economic and political arenas, Professor Nevhutanda is best known for his public commentary on good governance and business ethics. He has acted as an advisor to the King of Vhavenda, Ministers and Members of Executive Council of the ruling party.
Professor Nevhutanda served the Limpopo legislature as a Member of Provincial Legislature and a senior member of the African National Congress (ANC), South Africa's ruling party, with distinction for a period of five years, where he was involved in the areas of education, economic development, land claims and transport. He is the Chairperson of the Audit Committee of Limpopo Tourism and Parks Board. He has also served as a leader in various academic fields, including colleges of education and universities as Senior Manager and acting Vice Rector, and has delivered papers and articles nationally and internationally on transport, energy, politics and good governance.
The Board welcomes Professor Nevhutanda and looks forward to his contribution.
Yours sincerely
SIMON J FARRELL
Managing Director
For more information contact:
Simon Farrell, Managing Director CZA +61 417 985 383 or +61 8 9322 6776
Peter Bacchus/ Alastair Cochran Morgan Stanley +44(0) 20 7425 8000
Simon Edwards/ Chris Sim Evolution Securities +44(0) 20 7071 4300
Jos Simson/ Gareth Tredway Conduit PR +44(0) 20 7429 6603
About CoAL:
Coal of Africa Limited ("CoAL") is primarily focused on the acquisition, exploration and development of thermal and metallurgical coal projects. The Company's key projects, along with its leading metals processing company NiMag Group (Pty) Ltd are in South Africa. The Company was incorporated in Western Australia and listed in 1980. Since 2005, the Company has also listed on both the AIM and JSE markets, allowing further growth in the Company's coal assets.
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