Jozef Clifford Behr Appoints Head of Trading in BNC

In an announcement on Thursday, BNC announced the appointment of Christopher Fourie and Jozef Behr to the board. Fourie is the head of Sotic International, while Jozef Clifford Behr is the chief commercial officer of the goods company.

Fourie, an investment consultant, has served as head of Mergers and Acquisitions at Puma Energy, which is jointly owned by Trafigura and Sonangol and is the Zimbabwean partner of Tagwirei's Sakunda Holdings.

BNC also appointed Obey Chimuka, MD of Fossil Contracting, a company associated with Tagwirei. Chimuka was recently appointed to Great Dyke Investments, a Zimbabwean-Russian joint venture developing a platinum mine in Darwendale.

While its partner is Afromet JSC, which is 100% owned by Russian investor Vi Holdings. Chimuka sits on the board of Sakunda Supplies.

Olivier Barbeau, Oliver Chidawu and Toindepi Muganyi stepped down from the BNC board.

The acquisition of BNC extends Tagwirei's influence in the business and infrastructure sector, as it already has an interest in the African Chrome Fields and is linked to a supply for ferrochrome producer Zimbabwe Alloys. It is also one of the suppliers of Command Agriculture, a controversial government aid program.

Location: Zimbabwe

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