
Nombasa Tsengwa resigns as governance investigation unfolds in Exxaro
Tsengwa’s resignation follows her precautionary suspension in December 2024 amid an independent probe into allegations concerning workplace conduct and governance.
Tsengwa’s resignation follows her precautionary suspension in December 2024 amid an independent probe into allegations concerning workplace conduct and governance.
Commenting on the financial results, Tsengwa expressed confidence in the company’s ability to create value despite the challenges faced during the fiscal year.
Tsengwa became the group CEO of Exxaro Resources in March 2021.
The rise in the company’s earnings is attributed to increased equity-accounted income from Sishen Iron Ore.
Exxaro Resources has announced Nombasa Tsengwa as its new CEO-designate.