Asante Mokhuoa
@AsanteOnBoards
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Founder & Chairperson: Strategic African Women In Leadership (SAWIL) | Regional Director for Africa: Board Academy.
Africa, Europe, Asia, ME
Joined July 2023
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BOARDS
Eager to embark on your first board journey?
Curious about the qualities of an effective board member? Want to explore global board opportunities?
Ask me anything about boardroom entry strategies, directorship skills, and global board opportunities.
#AskAsanteOnBoards
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Woolworths group COO, Sam Ngumeni, took home R97.14 million for the year – a 323% increase from the R22.94 million he received in 2022.
This is roughly R266 000 per day.
#AskAsanteOnBoards
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Highest Paid CEO: Banking 🇿🇦
Investec Group CEO Fani Titi received a significant pay increase for the 2023 financial year.
His total remuneration was R178-million, making him the highest-paid CEO in the banking sector.
That's roughly R487 000 per day.
#AskAsanteOnBoards
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"What happens when you leave your corporate job to start your own company"
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Sunday Spotlight: Thabile Ngwato
Thabile Ngwato (32), CEO and co-founder of Newzroom Afrika and Movie Room, is the first black woman and youngest person in South Africa to own a commercial television news and general entertainment channel.
Born in Evander, Mpumalanga, Ngwato
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CEO Appointment
Discovery Limited has Appointed Nonkululeko Pitje as CEO of Discovery Corporate & Employee Benefits, Effective 1 January 2024
Ms Pitje joined Discovery in 2004 and is currently the Chief Growth Officer of Discovery Health, where she has been responsible for
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FirstRand Group
Mary Vilakazi, currently Chief Operating Officer (COO) at FirstRand Group, is stepping into the role of Group CEO, starting April 1, 2024.
In the fiscal year 2022, her total compensation rounded to approximately R33 million, showing an increase from roughly R27
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Phuthi Mahanyele-Dabengwa, born in 1971 in Dobsonville, Soweto, is the CEO of Naspers South Africa.
Career highlights:
Former Head of Project Finance South Africa, Development Bank of Southern Africa
CEO, Shanduka Group (2004 - 2015)
Co-founder and Executive Chairperson,
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Sunday Spotlight: Collen Mashawana
Collen Mashawana (42), born and raised in Venda, Limpopo, South Africa, is a philanthropic multi-millionaire, businessman, investor, and entrepreneur. He is the founder of Afribiz Invest and the Collen Mashawana Foundation.
In 2012, Mashawana
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THIRD HIGHEST PAID CEO: 🇿🇦
Thungela Resources CEO, July Ndlovu, took home just over R129 million for the year 2022, making him the THIRD HIGHEST paid CEO in South Africa.
This is roughly R354 000 per day.
Ndlovu was born in a rural village in Zimbabwe, and completed a BSc
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R83 Million Payday for Bank CEO
Standard Bank CEO Sim Tshabalala’s total single-figure remuneration for 2023 came in at R83.3 million, 50% higher than the R55.7 million he received in 2022.
His compensation package last year comprised fixed remuneration of R11.67 million, a
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President & CEO Appointment: Simon Baloyi [47]
Today, Sasol announced the appointment of Simon Baloyi as its new President and CEO, effective April 1, 2024.
Currently serving as the Executive Vice President, Baloyi's ascension to the top position is a testament to his over two
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The Foschini Group Limited announced the departure of its esteemed Chief Financial Officer, Ms. Bongiwe Ntuli, effective November 30, 2023.
Ntuli is a chartered accountant with extensive experience in freight, logistics, mining, and financial services across multiple
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SHORTAGE OF AUDITORS IN SA
Independent Regulatory Board for Auditors (Irba) CEO Imre Nagy warned of an auditors shortage in South Africa.
The country’s auditing profession faces a skills shortage due to low mathematics literacy, emigration, and a negative perception of the
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BOARD APPOINTMENT
I am thrilled to announce that I have been appointed to the Steering Committee of the Global Wealth Forum, representing South Africa.
The Global Wealth Forum is a cohesive grouping of the world's wealthiest and wealth advisors, serving as a think tank and
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South Africa's richest man Johann Rupert loses R70 billion in three months
Johann Rupert, the founder of the Swiss luxury goods holding company Richemont, has lost R70 billion in net worth in the past three months. This drop has seen him slip from the title of South Africa's
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Sunday Spotlight: Tsakani Maluleke [47]
South Africa's Auditor-General, Tsakani Maluleke, has been appointed as UNESCO's External Auditor for a six-year term, commencing in 2024.
Tsakani has consistently shattered glass ceilings throughout her illustrious career. She stands as
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CMO Appointment
Hloni Mohope, Marketing Director, KFC South Africa, has been promoted to Chief Marketing Officer, KFC Central and Eastern Europe.
Hloni's journey with KFC kicked off in 2013 when she joined as a Senior Brand Manager. Since then, she has consistently
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South African billionaire Christo Wiese has sold shares valued at R939 million, in Shoprite Holdings, Africa's largest retailer.
Wiese's decision to sell Shoprite shares also comes at a time when he is still grappling with the fallout from the Steinhoff saga. Wiese was the
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BHP Billiton's CEO, Mike Henry, stands out as the highest paid CEO in South Africa with a staggering R265 million in 2022.
That is approximately R726 000 per day.
#AskAsanteOnBoards
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JUST IN: Victory for Makate
Kenneth Nkosana Makate, the inventor of the Please Call Me service, has won a major victory in his long-running legal battle with Vodacom.
The Supreme Court of Appeal (SCA) has dismissed Vodacom's appeal and ruled in favor of Makate, ordering the
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COMPANIES ARE STRUGGLING
Momentum Metropolitan Holdings (MMH), one of SA's largest financial services conglomerates, is facing a "war for talent" due to a lack of critical skills in the industry, particularly among actuaries, IT and technical professionals.
MMH is not the only
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𝐏𝐫𝐨𝐟𝐞𝐬𝐬𝐨𝐫 𝐃𝐢𝐫𝐞 𝐓𝐥𝐚𝐝𝐢 (𝟒𝟖) 𝐒𝐰𝐨𝐫𝐧 𝐈𝐧 𝐚𝐬 𝐍𝐞𝐰 𝐈𝐂𝐉 𝐉𝐮𝐝𝐠𝐞
Professor Dire Tladi, a renowned international law expert, was officially sworn in at The Hague as a new judge of the prestigious International Court of Justice (ICJ).
Tladi, known for
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FirstRand Leadership Changes effective 1 April 2024:
Alan Pullinger, the current group CEO, will step down and be succeeded by Mary Vilakazi, the current group COO.
Vilakazi will become the first woman to lead FirstRand in its 185-year history
#AskAsanteOnBoards
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Amazon is hiring for its upcoming South African marketplace!
Here are some of the available positions:
▪Operations, IT, & Support Engineering: Technical support specialist, IT services support specialist, network technician, and more.
▪Software Development: Software
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TAKEALOT UNFAZED BY AMAZON
Prepare for a Much-Welcomed E-commerce Showdown: Takealot Stands Unfazed by Amazon's Presence
Naspers' South African Unit CEO, Phuthi Mahanyele-Dabengwa didn't flinch at the prospect of Amazon and Walmart entering South Africa's e-commerce arena. In
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FAKE QUALIFICATIONS SCANDAL
Langalezwe Madonko, co-founder of Summit Africa, has allegedly admitted to fabricating extensive qualifications and work experience.
This includes claiming degrees from the London School of Economics & University of Pretoria, along with employment
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DID YOU KNOW
Both the richest person in the world and the richest Black person in the world are from Africa.
Elon Musk - Net worth: $241-billion
Aliko Dankote - Net worth $16.3-billion
Dear African child, don't sleep on yourself!
#AskAsanteOnBoards
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These are the top-paying jobs in South Africa right now – with monthly salaries ranging from R37,500 to R125,000:
1. Executive management or Director, with a monthly salary ranging between R91,667 and R125,000.
2. Technical or Business architect with a monthly salary ranging
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WATCH: Fani Titi addresses the elephant in the room - his much-discussed pay-check.
Investec CEO, Fani Titi, topped the banking pay charts with a R178 million package for the year 2023.
For those new to our platform, [
#AskAsanteOnBoards
], he is renowned as the highest-paid CEO
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Sunday Spotlight: Theo Baloyi
Theo Baloyi (34) is a South African entrepreneur and the founder and CEO of Bathu Shoes.
Baloyi's journey to entrepreneurship is one of grit and determination. Having worked as a Senior Associate at PwC, Theo used his savings from his time at PwC
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Net worth: $350 million
Meet Dr Iman Abuzeid, a Sudanese-American entrepreneur who is the fourth Black woman in history to lead a $1 billion company.
Her innovative platform, Incredible Health, is revolutionizing the healthcare industry by addressing the critical nursing
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BOARD ROLES
Fasttract Your Way Through Committees
I was 23 when I was nominated to serve on FNB's EE committee. I had always been vocal about (in)equality in the workplace and had a reputation for challenging the status quo. Little did I know my manager was paying attention.
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Spotlight Sunday: Siya Kolisi
Siya Kolisi (32), is the first black captain of the South African Springboks and a rugby world champion.
Kolisi grew up in poverty in Zwide, a township in Gqeberha, South Africa. He overcame many challenges to achieve his dreams of becoming a
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CORRUPT LEADERSHIP
Esmeralda Bailey (55), a former CAPTAIN of the Hawks (South Africa's Directorate for Priority Crime Investigation), has been found guilty by the Bellville Serious Commercial Crimes Court. She faced charges including corruption, possession of drugs,
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Shoprite CEO Pieter Engelbrecht earned roughly R65 million in 2023, while Woolworths CEO Roy Bagattini earned R122 million.
That's a 90% difference, despite Shoprite being the larger company with a larger market value and store footprint.
Shoprite's sales and gross profit
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COMPANIES ARE LEAVING THE JSE, WHY?
The Johannesburg Stock Exchange (JSE) has been dealing with a steady exodus of companies, with 22 delistings in 2023 alone. This trend, also prevalent in 2022, raises concerns about the JSE's appeal as a capital-raising platform, particularly
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CORRUPT MUNICIPALITIES
The Auditor-General (AG) of South Africa, Tsakani Maluleke, revealed that South African municipalities suffered a loss of R5.6 billion due to irregularities and non-compliance between 2018-19 and 2021-22.
The AG identified 268 material irregularities,
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Pitsi Mnisi appointed to Nempak Group Executive Committee.
Board committee memberships: Audit and Risk Committee; Social, Ethics and Transformation Committee
Expertise: Corporate finance, investment, corporate governance
Experience: Founder and director of Lynshpin Cedar,
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AECI Mining.
Chemicals group AECI has announced the appointment of Rochelle Gabriels CA(SA) as its new CFO and executive director.
Rochelle joins AECI from Imperial, where she served as head of finance logistics and shared services for DP World sub-Saharan Africa.
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Group CEO Appointment
Public broadcaster SABC has announced the appointment of Nomsa Chabeli as its new Group Chief Executive Officer (GCEO), effective March 1, 2024.
A seasoned marketing and communications professional with over two decades of experience, Chabeli brings a
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CEO APPOINTMENT
Air Cargo Malawi has appointed Thokozani Unyolo as its new Chief Executive Officer.
She has an MBA from the Gordon Institute of Business Science (GIBS), a Bachelor of Business Administration from University of Namibia, and a Certificate in Digital Marketing
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CFO APPOINTMENT- PIC
The Public Investment Corporation (PIC), a significant player in South Africa's investment landscape, has appointed Batandwa Damoyi as its new permanent Chief Financial Officer (CFO). This move brings an experienced and qualified professional to the helm of
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CEO Appointment: Itumeleng Merafe
Investec Private Bank has named Itumeleng Merafe, a seasoned leader with over 17 years of experience at the company, as its new CEO. Merafe will take the reins from April 1, 2024, succeeding Cumesh Moodliar who will become Investec Bank CEO.
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FirstRand Group has appointed business mogul and former CEO Johan Burger as its new Chairperson. His stake in the company is valued at approximately R432.00 million.
As per data from Billionaires. Africa, Burger's stake in FirstRand experienced a substantial increase of R75.18
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Sim Tshabala, Chief Executive Officer of Standard Group, accrued a remuneration of R55.7 million in the fiscal year 2022, representing a 12.7% increase from the R49.4 million he earned in pre-COVID 2019.
This translates to a daily remuneration of approximately R152,575.
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I've just learned that I am a Management and Leadership exam case study—me, a village girl?!
Would you believe me if I told you that I left corporate in November 2018, took a much-needed hiatus in 2019, and got back on the saddle in 2020 to focus on leadership and
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Nigerian businessman Tony Elumelu gains nearly $20 million in 55 days bringing his estimated net worth to just under $2 Billion.
Tony Elumelu is a Nigerian entrepreneur, investor, and philanthropist. He is the founder of the Heirs Holdings conglomerate, which has investments in
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CHIEF ECONOMIST APPOINTMENT: Mpho Molopyane
Alexforbes, the R8.7 billion investment giant, has appointed Mpho Molopyane as its new chief economist.
With a career spanning both the finance and public sectors, Mpho has held key positions at Absa (overseeing economic research for
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BREAKING - ESKOM
Minister Pravin Gordhan announced today, October 9, 2023, that Mpho Makwana, Eskom's Chairperson, is stepping down amidst the turmoil, adding to the ongoing crisis.
Mteto Nyati, who recently resigned as an independent non-executive director of the Nedbank Group
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CEO APPOINTMENT: Sepo Haihambo (FNB, Namibia)
Congratulations to Sepo Haihambo, a luminary among SAWIL Trailblazers, on her monumental ascent to CEO of FNB Commercial Banking!
𝐄𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧:
Sepo Haihambo's educational journey began with a strong foundation in economics,
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@MohauSam
You already know 🤗...the Board Academy Global Board Training Programme is a start.
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Discovery COO: Karren Sanderson
There are few people at Discovery Health who know the business as intimately as its Chief Operating Officer, Karren Sanderson.
Having risen through the ranks from humble beginnings as a call center consultant 20 years ago, Karren Sanderson now
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EXCO OPPORTUNITIES
Transnet is looking for a:
Group CEO
Group CFO
Fright Rail CEO
Contact: irene.ramaphosa
@transnet
.net
Closing date: 19.10.2023
#AskAsanteOnBoards
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ATTENTION SHAREHOLDERS
Stadio, the private higher education powerhouse, just made a major move, increasing its stake in Milpark Education to a whopping 83.1%!
They snapped up Brimstone Investment Corporation's 12.8% share for a cool R117.5 million, hot on the heels of their
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On Powerhouses:
Meet Lillian Barnard, President of Microsoft Africa.
A native of North West, South Africa, Lillian Barnard stands as a powerful force in the tech industry. Appointed in April 2023 as President of Microsoft Africa, she not only shatters glass ceilings but
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Your 30s: a time of both stability and restlessness in your career. You've built a foundation, but the itch for growth and advancement is keeping you up at night.
Here are some tips to help you navigate this crucial stage and unlock your full potential:
1. Sharpen Your Skills:
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Sunday Spotlight: Handré Pollard
A born winner, Handre made waves as a schoolboy and was earmarked as a future Springbok during his time at Paarl Gymnasium.
His last-minute penalty secured a thrilling Springboks comeback victory over England in the Rugby World Cup semifinal,
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SARB: Deputy Governor Appointment
President Cyril Ramaphosa has appointed Dr Mampho Modise, a distinguished treasury official, as the new South African Reserve Bank Deputy Governor. This appointment is set to commence on 1 April, following the next MPC announcement scheduled
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@RediTlhabi
5) and finally. This looks like the flat in joburg. Where is it again? I know it's not too far from Kensington Mall.
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SA' Education Exodus
5.2 million young people in South Africa are not attending school, a worrying increase of 200,000 since 2011.
Gauteng and KwaZulu-Natal are leading the way in this education exodus, which poses a grave threat to our country's economic and social
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Spotlight Sunday: Thaba Nchu's Finest
Thaba Nchu has entered the WhatsApp group.
Home boy, Ox Nché. "Thaba ‘Nchu’s first Springbok is a reminder of possibilities.
Retshegofaditswe, or Tshego as he would be known in Thaba’ Nchu, is living proof of what is achievable despite
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Investec CEO, Fani Titi says It’s time to ditch our “useless” politicians.
“You have to have a half-decent government, and I don’t think at the moment we are anywhere close,” Investec Group Chief Executive Officer Fani Titi said in a speech at the Gordon Institute of Business
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Executive pay in South Africa is among the highest in the world, with some top executives earning over R500,000 a day, compared to the average worker's salary of R800 a day or the poverty line of R25 a day.
#AskAsanteOnBoards
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REMINDER
Boards that reflect the diversity of the communities they serve are essential. They bring a wider range of perspectives and experiences to the table, which can lead to better decision-making and more inclusive products and services.
That's why I created
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@zsimayi
It's
@AldrinSampear
's composure and professionalism for me. I would've fallen off my chair.
Can we go to the polls already? What a circus! 😅
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STEINHOFF: Reserve Bank Manager Implicated
South Africa's Reserve Bank (SARB) has taken the extraordinary step of filing a corruption complaint against its own former top official, Raymond Paola, who headed the Financial Surveillance department.
This bombshell development comes
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BOARD APPOINTMENT: Dr. Phumzile Mlambo-Ngcuka
Renowned advocate for gender equality and former UN Women Executive Director, Dr. Phumzile Mlambo-Ngcuka (SAWIL Trailblazers Awards 2021 Honoree), has joined the board of Mercedes-Benz South Africa (MBSA) as an independent
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The richest woman in Africa 🇳🇬
Folorunso Alakija is a Nigerian businesswoman and philanthropist with a net worth of $1.5 billion, according to Forbes.
Alakija is the founder and CEO of the Rose of Sharon Group, which has interests in oil and gas, fashion, printing, and real
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MTN SA EXECUTIVE EXODUS...
MTN South Africa's Chief Financial Service Officer (CFSO), Bradwin Roper, has tendered his resignation, adding his name to a growing list of recent high-level departures from the company. Roper, who joined MTN in May 2023, is the latest in a string of
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𝐖𝐡𝐲 𝐘𝐨𝐮𝐧𝐠𝐞𝐫 𝐏𝐫𝐨𝐟𝐞𝐬𝐬𝐢𝐨𝐧𝐚𝐥𝐬 𝐒𝐡𝐨𝐮𝐥𝐝 𝐏𝐮𝐫𝐬𝐮𝐞 𝐁𝐨𝐚𝐫𝐝 𝐑𝐨𝐥𝐞𝐬
At the age of 23, I secured my inaugural board seat with a prominent bank I worked for. Surprisingly, my then-line manager, whom I had initially perceived as unsupportive, nominated
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Investec Takes On EasyEquities
Investec has entered the competitive online trading space with the launch of Clarity, a simple and commission-free trading platform designed to cater to the growing demand for self-directed investment opportunities in South Africa.
Clarity's
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People who don't like reading should not pursue board roles.
Board members are expected to stay informed about the latest trends and developments in their industry, and this requires regular reading.
Board members often need to review complex documents such as financial reports
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𝐁𝐎𝐀𝐑𝐃 𝐅𝐄𝐄𝐒
How much do Board Members earn?
The question of boardroom compensation remains a constant topic of interest, and I thought I'd share some insights into board member compensation, courtesy of PWC's Non-executive Directors: Practices and Fees Trends Report for
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CFO Appointment: Lerato Pule
Liquid Intelligent Technologies has appointed Lerato Pule as its new Chief Financial Officer, effective 1 February 2024.
Lerato is currently completing her tenure as CFO at Cell C, having served in the role since September 2022. During her time
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CHAIRPERSON APPOINTMENT
JSE-listed paper and packaging manufacturer Sappi has appointed Nkululeko Sowazi as the company's new chair, effective February 8, 2024. Sowazi will succeed incumbent Nigel Rudd, who is retiring.
Sowazi has over 30 years of senior executive and
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Bill Gates's former employee, Steve Ballmer, could soon overtake his former boss in wealth.
If he does it, this would be a truly rare case where an employee winds up richer than the company's founder.
Ballmer's estimated $115 billion fortune places him just behind Gates on
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🛒 Here’s information on the average salaries of various shop workers in South Africa.
These figures give an overview of the typical earnings for different positions in the retail sector in South Africa:
Thread🧵
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OUTGOING CEO BANKED NEARLY HALF A BILLION FROM NEDBANK
Nedbank's outgoing CEO, Mike Brown, received a total of R92.5 million in compensation for 2023 – a substantial 176.4% increase from the previous year. Nearly half this amount (R46.4 million) was comprised of his guaranteed
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𝐒𝐭𝐚𝐧𝐝𝐚𝐫𝐝 𝐁𝐚𝐧𝐤'𝐬 𝐭𝐨𝐩 𝐒𝐄𝐕𝐄𝐍 𝐞𝐱𝐞𝐜𝐮𝐭𝐢𝐯𝐞𝐬 𝐞𝐚𝐫𝐧𝐞𝐝 𝐚 𝐜𝐨𝐦𝐛𝐢𝐧𝐞𝐝 𝐑𝟒𝟏𝟏 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟑.
This strong compensation aligns with a 27% increase in headline earnings from R33.9 billion to R42.9 billion.
(FY22-23):
1. Sim
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CFO Appointment: El Kope
Cell C has announced the appointment of El Kope as its permanent Chief Financial Officer (CFO) and Executive Director for Finance. Kope, a Chartered Accountant, brings extensive financial leadership experience to the role.
Kope has served as Cell C's
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JUST IN
Deputy governor of the SA Reserve Bank, Kuben Naidoo, has tendered his resignation to President Cyril Ramaphosa.
Naidoo's second five-year contract was due to end in March 2025.
#AskAsanteOnBoards
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Stepping Out of the Boardroom:
Top 5 highest-paid South African footballers abroad:
(5) NJABULO BLOM: He plays for St Louis SC in the USA, and gets paid R4.6 million annually.
(4) BONGOKUHLE HLONGWANE: He plays for Minnesota United FC in the USA, and gets paid R10.3 million
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@MalerotholiK
It is disturbing, but it gives us a clear picture of how unequal the landscape still is.
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BOARD PROFILE
A well-written board profile is essential for securing board seats.
Here are some tips for writing a powerful board profile that will make you stand out from the crowd:
Thread:
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FROM RETAIL TO DIAMOND MINING
Christo Wiese (82) - Networth: $1.2 Billion or R23,146,488,000.00
Wiese, the billionaire businessman behind Africa’s largest grocer, Shoprite, is embarking on a new adventure. Decades after selling his first diamond mine, Wiese is back in the
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MTN Group CEO 2023 Pay: R70M
MTN Group President and CEO Ralph Mupita's total compensation for the 2023 financial year amounted to R70.6 million, reflecting a decrease of approximately R5.2 million compared to the R75.8 million awarded in 2022.
This information is detailed in
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𝗪𝗛𝗘𝗡 𝗕𝗢𝗔𝗥𝗗𝗦 𝗙𝗜𝗥𝗘 𝗚𝗥𝗘𝗔𝗧 𝗖𝗘𝗢𝘀
𝗙𝗼𝗿𝗴𝗲𝘁 "𝗚𝗮𝗺𝗲 𝗼𝗳 𝗧𝗵𝗿𝗼𝗻𝗲𝘀." 𝗧𝗵𝗲 𝗿𝗲𝗮𝗹 𝗱𝗿𝗮𝗺𝗮 𝘂𝗻𝗳𝗼𝗹𝗱𝘀 𝗶𝗻 𝗯𝗼𝗮𝗿𝗱𝗿𝗼𝗼𝗺𝘀! 𝗔𝘀 𝗽𝗿𝗼𝗺𝗶𝘀𝗲𝗱 𝗲𝗮𝗿𝗹𝗶𝗲𝗿 𝗶𝗻 𝘁𝗵𝗲 𝘄𝗲𝗲𝗸, 𝗹𝗲𝘁'𝘀 𝗱𝗶𝘃𝗲 𝗶𝗻𝘁𝗼 𝘁𝗵𝗲 𝗰𝗼𝗺𝗽𝗹𝗲𝘅
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VW "very worried" about the future of its operations in SA
German-born Mechanical Engineer and Volkswagen (VW) Passenger Cars CEO, Thomas Schaefer, has expressed concerns about South Africa's attractiveness as a manufacturing hub, citing load-shedding, rising labor costs, and
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Standard Bank Predicts ANC Win
Standard Bank predicts that the ruling African National Congress (ANC) will secure enough votes in the upcoming election to avoid the need for a coalition government.
The bank acknowledges concerns of growing crime, corruption, and inefficiencies
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Capitec CEO Gerrie Fourie Offloads Shares Worth R11.5 Million
In a move that has raised eyebrows among investors, Capitec CEO Gerrie Fourie has sold over 6,000 of the company's ordinary shares, netting R11.5 million.
#AskAsanteOnBoards
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"ANYONE who tells you they don't get doubtful...they dont get a sense of fear when they undertake a big project...they are probably being a little foreign to the truth" - Fani Titi
Highest Paid CEO in Banking 🇿🇦
📽:
@GIBS_SA
#AskAsanteOnBoards
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Sanral board chairperson Themba Mhambi earned a staggering R3 million in board fees over the past financial year, more than double that of his counterparts at Transnet and Eskom.
This makes him one of the highest-earning chairpersons in the public sector, despite leading one of
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From a village in rural Thaba'Nchu, South Africa, to the cover of a prominent business publication in the largest economy in Africa.
Trust!
Thank you
@BusinessDayNg
#Covergirl
#AskAsanteOnBoards
#BeInspired
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CEO/TRUSTEE REMOVAL
National Construction Incubator CEO, Patricia Chalwa, has been removed as a trustee of the organisation due to "financial misconduct".
A preliminary investigation revealed that Chalwa had engaged in "acts of maladministration, misappropriation of funds, and
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𝐓𝐡𝐞 𝐑𝐨𝐭𝐭𝐞𝐧 𝐂𝐨𝐫𝐞 𝐨𝐟 𝐁𝐨𝐚𝐫𝐝 𝐀𝐩𝐩𝐨𝐢𝐧𝐭𝐦𝐞𝐧𝐭𝐬
I find myself increasingly troubled by a glaring issue in our corporate landscape: 𝐭𝐡𝐞 𝐩𝐡𝐞𝐧𝐨𝐦𝐞𝐧𝐨𝐧 𝐨𝐟 "𝐛𝐨𝐚𝐫𝐝 𝐡𝐨𝐩𝐩𝐢𝐧𝐠." Under the supposed banners of empowerment, equality, diversity
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𝐊𝐏𝐌𝐆 𝐁𝐮𝐫𝐬𝐚𝐫𝐲 𝐒𝐩𝐞𝐜𝐢𝐚𝐥𝐢𝐬𝐭 𝐀𝐫𝐫𝐞𝐬𝐭𝐞𝐝 𝐟𝐨𝐫 𝐀𝐥𝐥𝐞𝐠𝐞𝐝 𝐅𝐫𝐚𝐮𝐝, 𝐓𝐡𝐞𝐟𝐭, 𝐚𝐧𝐝 𝐌𝐨𝐧𝐞𝐲 𝐋𝐚𝐮𝐧𝐝𝐞𝐫𝐢𝐧𝐠
Fidelis Moema (32), a former bursary specialist at KPMG, was arrested on Tuesday, April 2, 2024, for alleged theft, fraud, and money
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