enX Group Limited announced that Jannie Serfontein will now step down as Chief Executive Officer and will resign from the board with effect from January 1, 2018 and not March 31, 2018, as previously announced. The company also announced that Paul Mansour and the board have agreed that Paul will step down from his role as Executive Deputy Chairman with effect from January 1, 2018. Paul will resign as a director of company but remain with the group as Chief Investment Officer, to focus on the key functions of funding and corporate finance.

The board also announced that Steven Joffe, the current non-executive Chairman, has been appointed by the board to become CEO of the group effective January 1, 2018. Prior to joining company as Chairman, Steven was the CEO of Gold Reef Resorts Limited for over 10 years. Mpho Makwana, the current lead independent non-executive director, will assume the role of acting Chairman while the board identifies and appoints a permanent Chairman.