Former Sibanye-Stillwater CEO Neal Froneman has clarified his position on US action against individuals behind South African policies, stating that his previous remarks may have created an unintended impression. The presidency had called his approach unpatriotic and expected him to leave a partnership between business and government. Froneman emphasized that his intention was to protect South Africa's economic interests, investment, and jobs from disputes between governments. He made these comments in response to criticism from the presidency.
Froneman's remarks were made during a BizNews interview, where he discussed his efforts to bring Formula One back to South Africa. He argued that the private sector should be spared the consequences of the diplomatic dispute between Pretoria and Washington. Froneman suggested that individuals driving policies not supported by the majority of South Africans should be targeted, citing expropriation without compensation, foreign policy, and South Africa's support for Iran. His comments sparked controversy and criticism from the presidency.
Presidency spokesperson Vincent Magwenya described Froneman's approach as "unpatriotic and destructive," adding that he was not a diplomat. Magwenya expected Froneman to withdraw his participation in the government and business partnership. However, Froneman defended his commitment to the country, stating that speaking out on difficult issues was part of being a patriot. He emphasized his dedication to addressing inequality, strengthening the rule of law and accountability, and promoting economic growth and job creation.
Froneman currently chairs Copper 360 and Business Against Crime South Africa, and leads a consortium seeking to bring Formula One to the Western Cape. He also helps lead the business's contribution to the crime and corruption workstream of the government partnership. This partnership, in its third phase, aims to lift annual economic growth above 3% and create a million jobs by 2030. The workstream focuses on strengthening law enforcement and tackling organized crime.
Business for South Africa (B4SA) steering committee chair Martin Kingston stated that the organization was engaging the relevant parties and remained committed to the partnership's third phase. Kingston's comments came in response to the original dispute between Froneman and the presidency. The partnership includes a focus on mining, tourism, infrastructure, and agriculture, in addition to earlier work on energy and logistics.
Relations between South Africa and the US have deteriorated due to disputes over land reform, foreign policy, and President Donald Trump's false claims of white persecution. In September, Washington announced visa restrictions targeting people involved in discriminatory policies, uncompensated land seizures, or incitement to violence against minorities. The international relations and co-operation department stated that differences between the countries should be resolved through diplomatic engagement and respect for South Africa's sovereignty.
Froneman retired as Sibanye CEO in September 2025 after leading the group for 12 years. He has since taken on various roles, including chairing Copper 360 and leading a consortium for the Formula One project. Despite the controversy surrounding his comments, Froneman remains committed to contributing to South Africa's efforts to address pressing issues.
Key points
- Neal Froneman clarifies his comments on targeting individuals behind South African policies.
- The presidency had called Froneman's approach unpatriotic and expected him to leave a partnership between business and government.
- Froneman remains committed to contributing to South Africa's efforts to address inequality, strengthen the rule of law, and promote economic growth.
