Founding member of Sephaku Holdings resigns - CNBC Africa

Founding member of Sephaku Holdings resigns

Southern Africa

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Cement Silos, Delmas Project, Mpumalanga. PHOTO: Sephaku Holdings

Consequently, he will also be leaving the group’s remuneration and nomination committee.

"Rudolph is one of the founding members of the Sephaku Holdings group, who, together with David Twist and myself, founded the group in 2005. He has played an anchor role in all the milestones of our long journey,” said Dr Lelau Mohuba, chief executive officer of [DATA SEP:Sephaku Holdings LTD.], the South African based construction materials company.

“During all these years he demonstrated extreme business acumen and resilience. His fundraising capabilities were beneficial as the group evolved. He was very dependable. His name was synonymous with Sephaku over the past 10 years. His immense contribution is indelibly dyed in the wool of our Company. With every bag of cement we produce, we will remember Rudolph had a hand in it".

(READ MORE: Sephaku Holdings' core investments provide positive earnings)

De Bruin was a practicing advocate from 1977 to 1989. Afterwards, he focused on finding, acquiring and developing mining exploration and mining projects, such as the gold group, Taung Gold and mining exploration company, African Nickel.

He was also a founding member of the Platmin Group, a successful South African platinum company, which he left in 2006 in order to form the Sephaku group along with Mohuba. 

(READ MORE: Production commences at Sephaku Cement's Delmas plant)