Shumba Coal, the Botswana Stock Exchange listed exploration company says it has appointed Sipho Ziga as an Independent Non – Executive Director of the company. Ziga is a partner at Armstrongs Attorneys, a leading commercial law firm in Botswana and he has over 16 years’ experience in commercial law and currently heads the Commercial Department in the firm.
Ziga specialises in corporate commercial legal transactions that include amongst others mining law; legal due diligence enquiries; capital raisings, public and private, listings, corporate governance; negotiating and drafting commercial agreement takeovers, subscription, management and shareholders agreements.
“Sipho has a keen interest and specialisation in the resources sector, and acts as advisor to numerous of the multinationals with interests in Botswana, by assisting in company formation, due diligence, compliance issues, applications for licences, capital raisings etc,” said Managing Director of Shumba Coal, Mashale Phumaphi.
Ziga has advised various parties in most of the recent major capital raisings for mines in Botswana and acted as lead advisor for the recent shares listing of Shumba on the Botswana Stock Exchange. He is widely considered to be one of the leading commercial lawyers in Botswana.
“The Board of Shumba Coal looks forward to having such an experienced and respected professional as part of the team going forward.”