CORPORATE
GOVERNANCE
CORPORATE GOVERNANCE
Sakhumnotho takes good corporate governance and ethics very seriously and it forms an integral part of how we conduct business. The Board of Directors provide the overall strategic direction for the Group and set the tone for how management and staff conduct themselves. In line with the King Codes of good practice, our Board has a good mix of highly skilled and experienced independent non-executive directors. Our lead independent non-executive director ensures that there is balance and objectivity in how the Board conducts its business.
The Board has set up Committees to support its work by tapping into the specific talents, skills and knowledge of individual Board directors to inform and educate the full board on particular areas of concern. Committees allow the Board to manage its output more effectively through a series of specific initiatives and programmes to address organisation-wide issues.
The Board has the following Board Committees: • The Investment Committee • Audit Risk & Finance Committee • Social Ethics & Transformation Committee • Governance Strategy & Remuneration Committee
Sakhumnotho Group Holdings is guided by the following core principles, which have underpinned our business over the last 20 years:
AGILITY & ACTION
ETHICAL CULTURE
STEWARDSHIP
TRANSFORMATION
ADVANCEMENT
CORPORATE CITIZENSHIP
PROFESSOR SIPHO MSELEKU
President & CEO
Chairman of the Board
BA (Hons) LLB; LLM (Tax Law); Higher Diploma (Company Law) (Witwatersrand); F.Inst.D., Attorney of the High Court of South Africa.
Adjunct Professor: University of South Africa, College of Economic & Management Sciences
MPHO MOLEPO
Independent Non-Executive Director
Chairperson: Social Ethics & Transformation Committee
BProc (University of the Witwatersrand); Admitted Attorney of the High Court
BUZWE YAFELE
Independent Non-Executive Director
B.Eng(Honours) Fuel & Energy (University of Leeds, UK); Post Graduate Certificate, Marketing Management (Witwatersrand); Certificate in Key Issues in the World Nuclear Industry Today (World Nuclear University); Certificate: Natural Gas - Technical and Commercial Issues for Power Generation (University of Oxford, UK).
MOLLY DHLAMINI
Independent Non-Executive Director
BA (Durban Westville-UKZN); BA (Honours) Industrial Sociology (Rand Afrikaans University- UJ); BA (Honours) Industrial Sociology, Graduate Diploma in Sociology (Witwatersrand)
Current studies: Executive Masters in Managing Peace and Security in Africa (Institute for Peace and Security Studies, University of Addis Ababa, Ethiopia)
ABNER MSELEKU
Non-Executive Director
Shareholder representative for Amaduma Investments which holds an 8.5% stake in Sakhumnotho Group Holdings.
JEFF SIBEKO
Non-Executive Director
BA (UNISA); BA (Honours) (Witwatersrand), Advanced Certificate in Education Management (University of Johannesburg)
JOSEPH NYALUNGU
Non-Executive Director
Shareholder representative and Trustee of the Global Fund For Jesus (GFFJ) which holds an 11.5% equity in Sakhumnotho Group Holdings. Senior Pastor, Lighthouse Kingdom Church International; Presiding Apostle, Lighthouse Kingdom Network Trustee. Author of books titled: The Power of Prayer Revealed; God’s Word Unfolded, Leadership Dynamics, Signs, Wonders and Miracles
SIPHO MSELEKU JNR
Non-Executive Director
BCom(Accounting), CTA (Witwatersrand)
THATO MASHAO
Executive Director
Director: Office of the President & CEO (GFFJ) & Sakhumnotho Group
Higher Diploma in Sound Engineering (Allenby Campus)
ALICE MOTHIBA-DLADLA
Executive Director: Sakhumnotho Group Holdings
Executive Director: Sakhumnotho Foundation
RONNIE MULAUDZI
Chief Operations Officer
BSc (Witwatersrand); BA(Hons), Master of Commerce (UNISA); Certificate in Strategic Finance & Value Creation (GIBS)
Current Studies: Doctor of Philosophy (Wits Business School)
MOSA NTWAMPE
Group Head: Marketing & Corporate Communications
BA (Honours) - Strategic Communications with University of Johannesburg, BA - Communications & Media Studies with North west University, Certificate - Digital Marketing with University Of Cape Town, Certificate - Graphic Design with Oakfields College
Current Studies: - Master of Management [Digital Business] with Wits Business School
THABANG NKOSI
Group Head: Information & Technology
MD: Smart Added Technology
Director: Office of the President & CEO
National Diploma, Software Development, Bachelor of Technology, IT Project Management (University of Johannesburg); Post Graduate Diploma, Business Administration (University of Cape town); Master, Business Administration (North-west University)
KARABO MABOKELA
Head: Logistics & Administration
ND Cost & Management Accounting
ELIZABETH VAN DER WATH
Executive Director: Sakhumnotho Foundation
MBA (Henley Business School), B COMM (Hons) (UNISA), B COMM; Certificate in Business Coaching (GIBBS), Labour Law Diploma (Stellenbosch).
LAWRENCE MDUDUZI NDLOVU
Executive Director: Fohloza Foundation
BA Phil (SJV); BD Hons; MTh (London)