Johannesburg - The Bidvest Group [JSE:BVT] on Monday announced Lorato Phalatse will replace Cyril Ramaphosa as chairperson when it releases its June year-end results in September.
Ramaphosa announced he would relinquish all his directorships after his election as ANC deputy president in December.
Ms Phalatse is and independent nonexecutive director of Pick
n Pay Stores [JSE:PIK] and Bidvest.