South Africa Won’t Dictate to Anglo Over CEO Choice, Zuma Says
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South Africa’s government won’t pressure Anglo American Plc, the biggest private employer in the country, over its choice of chief executive officer, President Jacob Zuma said, contradicting his mines minister.
Anglo, which helped develop South Africa’s mining-reliant economy during almost 50 years of apartheid, on Oct. 26 said its American CEO Cynthia Carroll is resigning and will leave once her replacement is found.