Africa Bitcoin Corporation, a Johannesburg-listed bitcoin company, faces an abrupt leadership shake-up after four of its six directors resign. The exits include interim CEO Stafford Masie, according to reporting across outlets.
Outlets describe a boardroom dispute driven by a shareholder majority seeking the directors’ removal. One report says the group behind the push represents about 71.8% of shares and is led by the former chief’s family company, while another notes that the majority demanded changes without detailing the share percentage. TechCentral and Moneyweb both characterize the matter as a shareholder-board clash, with the resignations leaving only two directors remaining. Details of what happens next—such as any new appointments, governance steps, or whether the company will hold further meetings—are not covered in the provided excerpts, but the reporting consistently links the resignations to the shareholder demand to remove the directors.
