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JOHANNESBURG - South African coal mining company Thungela Resources Limited (JSE:TGA)(LSE:TGA) announced Monday that Moses Madondo has been appointed as an executive director, effective September 5, 2025.
Madondo, who was named CEO designate on January 21, 2025, joined the company on August 1, 2025, following what the company described as a rigorous selection process.
The appointment to the board represents the next step in Thungela’s planned leadership transition, according to a company press release. This move is intended to support Madondo’s integration into the executive leadership before he assumes the full CEO role.
Thungela, which operates coal mines in South Africa, made the announcement in compliance with the JSE Limited Listings Requirements. The company is dual-listed on the Johannesburg Stock Exchange and London Stock Exchange.
The statement was signed by Tovi Ellis, Company Secretary of Thungela Resources.
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