Transnet Online Integrated Report 2017
Market Demand Strategy (MDS) themes
  • Financial sustainability
  • Capacity creation and maintenance
  • Market segment competitiveness
  • Operational excellence
  • Human capital
  • Organisational readiness
  • Sound governance and ethics
  • Constructive stakeholder relations
  • Sustainable developmental outcomes
Sustainable Developmental Outcomes (SDOs)
  • Employment
  • Skills development
  • Industrial capability building
  • Investment leveraged
  • Regional integration
  • Transformation
  • Health and safety
  • Community development
  • Environmental stewardship
The Capitals
  • Financial Capital
  • Manufactured Capital
  • Intellectual Capital
  • Human Capital
  • Social and Relationship Capital

Annexure A:
Directors’ attendance at Board of Directors and committee meetings

Schedule of directors’ attendance at Board of Directors’ and committee meetings
Board/committee Board Audit Committee Corporate Governance and Nominations Committee Remuneration, Social and Ethics Committee Risk Committee Acquisitions and Disposals Committee
Number of meetings held 7 4 3 5 4 7
Ms LC Mabaso (Chairperson) 6 3 5
Ms Y Forbes1 7 3 41 11
Mr SI Gama2 7 43 32 33 32 52
Mr GJ Mahlalela 6 4 4
Ms PEB Mathekga 7 34 3
Mr ZA Nagdee 7 5 7
Mr VM Nkonyane 6 3 5
Mr GJ Pita 7 45 35 55
Mr SD Shane 7 3 7
Mr BG Stagman 7 4 3
Mr PG Williams6 5 3 3
1 Member of REMSEC until 21 January 2017, and member of Risk Committee effective 22 January 2017.
2 Mr Gama was appointed as a member of the non-statutory Board committees, namely Acquisitions and Disposals, Corporate Governance and
Nominations and Risk committees, effective from 31 August 2016.
3 Mr Gama is a standing Attendee at the Audit and Remuneration, Social and Ethics Committees.
4 A scheduled meeting of the Audit Committee, per the approved Corporate Calendar was rescheduled from 20 October 2016 to 18 October 2016. Ms Mathekga tendered her apologies accordingly.
5 Mr Pita is a standing Attendee at the Audit, Risk and Acquisitions and Disposals Committees.
6 Mr PG Williams passed away on 15 March 2017.
Board Summary of Board of Directors’ mandate
Chairperson
Ms LC Mabaso

Members
Ms Y Forbes
Mr SI Gama
Mr GJ Mahlalela
Ms PEB Mathekga
Mr ZA Nagdee
Mr VM Nkonyane
Mr GJ Pita
Mr SD Shane
Mr BG Stagman
Mr PG Williams1
The Board of Directors’ primary mandate is to ensure the sustainable and successful continuation of business activities by providing strategic direction to the Company. Non-executive directors are appointed to the Board of Directors by the Shareholder Minister on a three-year term. The appointments are confirmed annually at the Annual General Meeting. The Chairperson of the Board of Directors engages continuously with the Shareholder Minister, who is the final arbiter on the Board of Directors’ succession plans and approval of transaction applications in accordance with the provisions of section 54 of the PFMA. King III – and now King IV – imposes specific responsibilities on the Board of Directors. The non-executive directors embrace these and acknowledge that the Board of Directors is primarily responsible for ensuring that the Company’s strategy, risk compliance, performance and sustainability are inseparable. The Board of Directors provides effective leadership based on an ethical foundation of responsibility, accountability, fairness and transparency.
1Mr PG Williams passed away on 15 March 2017.

Summary of key activities and key outputs (decisions, approvals, policies and procedures) for the 2017 financial year
The Board of Directors held seven meetings during the year under review where it considered, among others, the following:
  • Approved the Global Medium-term Note Programme financial results for the year ended 31 March 2016;
  • Approved the Directors’ Valuation of Unlisted Investments and movements in the Impairment Provisions for the year ended 31 March 2016;
  • Approved the integrated sourcing strategy for Durban Container Terminal Berths 203 to 205 reconstruction, deepening and lengthening, including the main works package;
  • Approved the Transnet Second Defined Benefit Fund (TSDBF) and Transnet Sub-fund of the Transport Pension Fund (TTPF): 2016 ad hoc bonus payment;
  • Approved the Dividend Policy as contained in the Report of the Directors as part of the 2016 financial year Annual Financial Statements;
  • Approved the proposed GCE’s 2017 financial year Performance Agreement, and delegated authority to the Chairperson to submit same to the Shareholder Minister for information purposes prior to 30 June 2016;
  • Approved the formation of the Intellectual Property Committee, and delegated authority to the Chairperson to submit same to the Shareholder Minister for approval;
  • Approved the Maintenance Agreement for Locomotives;
  • Approved the Reviewed Property Disposal Strategy;
  • Approved the award of contract for delivery of steel for a period of five years;
  • Approved the 2017 financial year Board committees’ composition;
  • Approved the Delegation of Authority Framework, subject to the proposed amendments;
  • Approved the Delegation of Authority to the GCE;
  • Approved the proposed amendments to the existing Board and Board committee mandates;
  • Approved the Risk Appetite Statement for the 2017 financial year, subject to the proposed amendments;
  • Approved the 2018 financial year Shareholder’s Compact;
  • Approved the Amendment to the Rules of the Transnet Retirement Fund;
  • Approved the appointments to the Pension Fund;
  • Approved the increase in ETC and change in ATO date for the NMPP project;
  • Approved the Corporate Governance Policy Framework;
  • Approved the Memorandum of Incorporation of Transnet International Holdings Ltd (TIH);
  • Adopted the resolutions from the Strategy Workshop;
  • Approved the Shareholder’s Agreement and Memorandum of Incorporation to be entered into between Transnet SOC Ltd and CRRC Zhuzhou – Group SA (Pty) Ltd;
  • Approved the Transnet and General Electric Digital Initiative (Project Zakiya);
  • Approved the proposed Corporate Calendar for the 2018 financial year;
  • Approved the proposed submission in preparation for the forthcoming AGM scheduled to be held on 29 June 2017;
  • Approved the amended Policy on Non-executive Directorship and Trusteeship of Transnet Employees with effect from 1 January 2017;
  • Approved the proposed Annual Work Plan for the 2018 financial year;
  • Approved the compensation clause in the Agreement between TNPA and OTGC;
  • Approved the IT Data Services contract extension;
  • Approved the Fleet Heavy Commercial Vehicles Strategy;
  • Approved the Godisa Supplier Development Fund: Appointment of a Director;
  • Approved the amended targets of the draft 2018 financial year Shareholder’s Compact for submission to the Shareholder Minister, subject to the proposed amendments;
  • Approved the volume and financial budget, capital investment plan and funding requirements for inclusion in the 2018 financial year Corporate Plan, which will be submitted for approval at the forthcoming Board meeting;
  • Approved the Mergers and Acquisitions Framework to serve as a guiding principle for the Company’s best practice in undertaking mergers and acquisitions activity;
  • Approved the amended targets of the draft 2018 financial year Shareholder’s Compact for submission to the Shareholder Minister, subject to the proposed amendments;
  • Approved the volume and financial budget, capital investment plan and funding requirements for inclusion in the 2018 financial year Corporate Plan, which will be submitted for approval at the forthcoming Board meeting of 22 February 2017;
  • Approved that Ms Forbes be appointed as a member of the Risk Committee and removed as a member of the Remuneration, Social and Ethics Committee;
  • Approved the revised Audit Committee mandate;
  • Approved the Treasury Financial Risk Management Framework;
  • Approved the following:
    • The Company’s 2018 financial year Corporate Plan as required in terms of section 52 of the Public Finance Management Act, No 1 of 1999, as amended; and
    • The Company’s 2018 financial year Borrowing Plan (included in the Corporate Plan) as required in terms of section 66(7)(a) of the Public Finance Management Act, and the Financial Plan.
Audit Committee
Audit Committee Summary of committee mandate
Chairperson
Mr BG Stagman

Members
Mr GJ Mahlalela
Ms PEB Mathekga
Mr PG Williams1
The Audit Committee (the committee) is constituted as a statutory committee of Transnet SOC Ltd in respect
of its statutory duties in terms of Treasury Regulation 27.1, executed under section 76 (4)(d) the Public Finance Management Act, 1999 (Act No1 of 1999) (the PFMA), section 77 of the PFMA and section 94(7) of the Companies Act, 2008, and as a committee of the Board of Directors in respect of all duties assigned to it by the Board of Directors in terms of its mandate. The purpose of the committee is to:
  • Assist the Board of Directors in discharging its duties relating to the safeguarding of assets and the evaluation of internal control frameworks within the Company;
  • Review and assess the integrity and effectiveness of the accounting, financial, compliance and other control systems;
  • Consider the internal and external audit processes and the accounting principles and policies;
  • Strengthen the independence of the internal and external audit functions to ensure their effectiveness;
  • Ensure effective communication between the internal auditors, the external auditors, the Board of Directors, management and regulators;
  • Ensure compliance with and adherence to applicable legal, regulatory and accounting requirements;
  • Contribute to a climate of discipline and control which will reduce the opportunity for fraud; and
  • Assist the Board of Directors in discharging its duties as pertains to ICT Governance.
Summary of key activities and key outputs (decisions, approvals, policies and procedures) for the 2017 financial year
The committee held four meetings during the year under review where it considered, among others, the following:
  • Recommended that the Board of Directors approves the Committee Evaluation Report and the Action List for the 2016 financial year;
  • Recommended that the Board of Directors approves the Integrated Report, Annual Financial Statements and Press Announcement for the 2016 financial year;
  • Recommended that the Board of Directors approves the Going-concern Assertion as at 31 March 2016;
  • Recommended that the Board of Directors approves the GMTN financial results for the period ended 31 March 2016;
  • Recommended that the Board of Directors approves the Audit Committee Report for the year ended 31 March 2016;
  • Recommended that the Board of Directors approves the Sustainability Report for the 2016 financial year;
  • Recommended that the Board of Directors approves the directors’ valuation and impairment provision of unlisted investments for the period ended 31 March 2016;
  • Recommended that the Board of Directors approves the Annual Financial Statements and Management Representation Letter of TNPA and TPL for the 2016 financial year;
  • Recommended that the Board of Directors approves the following for inclusion in the Annual Financial Statements:
    • There were no reportable PFMA items exceeding R25 million for Q4 of the 2016 financial year;
    • Results of the online PFMA Accreditation Assessment as at 31 March 2016; and
    • Status update on the PFMA initiatives undertaken to prevent and reduce PFMA violations.
  • Approved the assessment of the Chief Financial Officer;
  • Approved the assessment of the Finance function;
  • Approved the assessment of the Chief Audit Executive;
  • Recommended that the Board of Directors approves the proposed amendments to the existing Audit Committee mandate;
  • The committee approves the change in the Company’s internal definition of the Cash Interest Cover ratio;
  • Recommended that the Board of Directors approves the proposed amendments to the Delegation of Authority Framework;
  • Recommended that the Board of Directors approves the GMTN Interim Financial Results, Going-concern Assessment, Management Representation Letter and Draft Press Release for the period ended 30 September 2016;
  • Recommended that the Board of Directors approves the proposed Corporate Calendar for the 2017 financial year;
  • Approved the Audit Planning Memorandum for the period ending 31 March 2017;
  • Approved the Audit Committee Annual Work Plan for the 2018 financial year, subject to the proposed amendments;
  • Recommended that the Board of Directors approves the proposed amendments to the existing Audit Committee mandate, subject to proposed amendments;
  • Recommended that the Board of Directors approves the proposed submission in preparation for the forthcoming AGM scheduled to be held on 29 June 2017;
  • Recommended that the Board of Directors approves the updated Financial Risk Management Framework;
  • Approved the GMTN Financial Results for the period ended 31 December 2016;
  • Approved the Going-concern Assessment for the period ended 31 December 2016;
  • Approved the Transnet Internal Audit Charter for the 2018 financial year; and
  • Approved the three-year rolling Strategic Internal Audit Plan for the 2018 financial year to the 2020 financial year and the Transnet Internal Audit budget for the 2018 financial year, subject to proposed amendments.
1 Mr PG Williams passed away on 15 March 2017.
Remuneration, Social and Ethics Committee
Remuneration, Social and Ethics Committee Summary of committee mandate
Chairperson
Mr VM Nkonyane

Members
Ms Y Forbes2
Mr ZA Nagdee
Mr SD Shane
The Remuneration, Social and Ethics Committee is constituted as a statutory committee of Transnet SOC Ltd in respect of its statutory duties in terms of section 72(4) and Regulation 43 of the Companies Act, 2008, and as a committee of the Board of Directors in respect of all other duties assigned to it by the Board of Directors in terms of its mandate. The purpose of the committee is to:
  • Advise the Board of Directors in regard to responsible corporate citizenship and the ethical relationship between the Company and its stakeholders, both internally and externally. The committee will manage the Company’s legal and moral obligations for its economic, social and natural environment, including the objectives and standards of the Company’s conduct and activities;
  • Manage and monitor the Company’s activities to achieve and maintain world-class standards in the Company’s social and ethics environment, with due regard to all relevant legislation, policies, legal requirements and codes of best practice;
  • Oversee the ethics management programme implemented by management;
  • Ensure that competitive reward strategies and programmes are in place to facilitate the recruitment, motivation and retention of high-performance staff at all levels in support of realising corporate objectives and to safeguard Shareholder interests;
  • Review the design and management of salary structures, policies and incentive schemes and to ensure that they motivate sustained high performance and are linked to corporate performance;
  • Review the mandates of the remuneration committees of the subsidiaries of Transnet and to approve the remuneration policies and practices recommended by them;
  • Develop and implement a remuneration philosophy for disclosure to enable a reasonable assessment of reward practices and governance processes to be made by stakeholders;
  • Recommend the level of independent non-executive directors’ fees to the Board of Directors;
  • Ensure compliance with applicable laws and codes;
  • Consider and make recommendations on all human capital matters related to the:
    • Restructuring of Transnet;
    • Disposal of assets/part of Transnet’s business;
    • Acquisition of assets/new business; and
    • Development of human resources issues.
  • Approve succession planning policy and procedures for the Group Leadership Team (other than executive directors) and Extended Leadership Team.
Summary of key activities and key outputs (decisions, approvals, policies and procedures) for the 2017 financial year
The committee held five meetings in the year under review where it considered, among others, the following:
  • Recommended that the Board of Directors approves the Committee Evaluation Report for the 2016 financial year, subject to the proposed amendments;
  • Approved the Short-term Incentive payment for the 2016 financial year;
  • Approved the Remuneration Report for inclusion in the Directors’ Report for the 2016 financial year Integrated Report;
  • Recommended that the Board approves the Sustainability Report for the 2016 financial year, subject to proposed amendments;
  • Approved the Principles of the Short-term Incentive Scheme;
  • Approved the Company’s Ethics Management Programme, strategy and plan for the period of 2017 financial year to 2019 financial year;
  • Approved the following:
    • High-level guiding principles that will inform the review of the Company’s incentive schemes;
    • The design of the sales incentives; and
    • To obtain approval for the high-level principles to inform the modelling approach.
  • Approved the Company’s Ethics Management Programme, strategy and plan for the period of 2017 financial year to 2019 financial year;
  • Approved the following:
    • Commencement of labour consultation, with a view to plan for the termination and withdrawal of current agreed incentive schemes across the business; and
    • The proposed way forward with regard to a phased-in implementation approach.
  • Approved the proposed committee Annual Work Plan for the 2018 financial year, subject to proposed amendments;
  • Recommended that the Board of Directors approves the Corporate Calendar for 2018 financial year;
  • Approved the proposed amendments to the Ground Rules of the Transnet Long-term Incentive Scheme;
  • Approved the payment of the 2014 financial year conditional awards on 26 April 2017 based on the Ground Rules of the Long-term Incentive Scheme;
  • Approved the allocation of the Long-term Incentive grants for eligible participants for the 2016 financial year;
  • Approved the Communication Plan for 2018 financial year;
  • Approved the Whistle-blowing Policy;
  • Approved the Anti-bribery and Anti-corruption Policy;
  • Recommended that the Board of Directors approves the Structure and Materiality for the Sustainability Report for the 2017 financial year; and
  • Recommended that the Board of Directors approves the amendment of clause 2.1 of the mandate, to state that “The committee shall, at all times, have at least three non-executive directors of the Company elected as members”.
2 Member of REMSEC until 21 January 2017, and member of the Risk Committee effective 22 January 2017.
Corporate Governance and Nominations Committee
Corporate Governance and Nominations Committee Summary of committee mandate
Chairperson
Ms LC Mabaso

Members
Ms Y Forbes1
Ms PEB Mathekga
Mr VM Nkonyane
The Corporate Governance and Nominations Committee is constituted as a committee of Transnet SOC Ltd in respect of all other duties assigned to it by the Board of Directors in terms of its mandate. The purpose of the committee is to:
  • Ensure that the Board of Directors’ composition and structure enables it to fulfil the obligations of the Board mandate and advance and maintain the Company’s corporate governance policies and the Corporate Governance Framework;
  • Set criteria for the nomination of directors to be recommended to the Board of Directors for appointment to the committees of the Board of Directors, other than the Audit Committee;
  • Nominate potential Audit Committee members for appointment by the Shareholder Minister;
  • Nominate potential Remuneration, Social and Ethics members for approval by the Board of Directors and confirmation by the Shareholder Minister;
  • Ensure that best practice succession planning policies are implemented in respect of executive directors and independent non-executive directors; and
  • Administer and manage the selection process of the Company’s Chief Executive on behalf of the Board of Directors and make recommendations on the top-three candidates, in order of priority, to the Board of Directors, by complying with the “Guidelines for the appointment of a Chief Executive for a State-owned Enterprise”.
Summary of key activities and key outputs (decisions, approvals, policies and procedures) for the 2017 financial year
The committee held three meetings during the year under review where it considered, among others, the following:
  • Recommended that the Board of Directors approves the Board Evaluation Report and Action Plan for the 2016 financial year;
  • Recommended that the Board of Directors approves the Committee Evaluation Report and Action List for the 2016 financial year;
  • Recommended that the Board of Directors approves the proposed AGM arrangements and statutory authorisation applicable to the proposed agenda;
  • Recommended that the Board of Directors approves the Integrated Report, subject to the minor amendments;
  • Recommended that the Board of Directors approves the Transnet Second Defined Benefit Fund (TSDBF) and Transnet Sub-fund of the Transport Pension Fund (TTPF) 2016 ad hoc bonus payments to the respective pensioners;
  • Recommended that the Board of Directors approves the Draft Sustainability Report for the 2016 financial year, subject to proposed amendments;
  • Approved the proposed Acquisitions and Disposals Committee training programme;
  • Recommended that the Board of Directors notes the outcome on the adoption of King III principles based on the Governance Assessment Instrument (GAI), and the inclusion of the GAI Report in the Integrated Report for the 2016 financial year;
  • Recommended that the Board of Directors approves the 2017 financial year Board committees’ composition;
  • Recommended that the Board of Directors approves the Corporate Governance Policy Framework, subject to the proposed minor amendments;
  • Recommended that the Board of Directors approves the proposed amendments to the Rules of the Transnet Retirement Fund;
  • Recommended that the Board of Directors approves the proposed Trustees for the Pension Funds;
  • Recommended that the Board of Directors approves the amended Policy on Non-executive Directors and Trusteeship of Transnet Employees;
  • Recommended that the Board of Directors approves the proposed amendments to the Delegation of Authority Framework, subject to proposed amendments;
  • Recommended that the Board of Directors approves the Corporate Calendar for the 2018 financial year, subject to minor amendments;
  • Recommended that the Board of Directors approves the proposed submission in preparation for the forthcoming AGM and notes the matters arising list from the previous AGM; and
  • Approved the committee’s Annual Work Plan for the 2018 financial year, subject to the proposed amendments.
1 Member of REMSEC until 21 January 2017, and member of the Risk Committee effective 22 January 2017.
Risk Committee
Risk Committee Summary of committee mandate
Chairperson
Mr PG Williams1 (Acting)

Members
Ms Y Forbes2
Mr GJ Mahlalela
Mr BG Stagman
Risk Management is, as set out in King III and the PFMA, ultimately the responsibility of the Board of Directors. The Risk Committee is constituted as a committee of Transnet SOC Ltd in respect of all other duties assigned to it by the Board of Directors in terms of its mandate. The purpose of the committee is to:
  • Review and assess the integrity of the risk control processes and systems;
  • Ensure that the risk policies are managed effectively and in accordance with the Enterprise Risk Management Framework (ERM Framework) approved by the Board of Directors from time to time;
  • Ensure effective communication with the internal and external auditors, the Audit Committee, the Board of Directors, management and regulators on risk management;
  • Contribute to a climate of discipline and control which will reduce the opportunity for fraud and other operational losses; and
  • Assess any significant risk control failings or weaknesses identified and their potential impact, and confirm that appropriate action has been or is being taken.
Summary of key activities and key outputs (decisions, approvals, policies and procedures) for the 2017 financial year
The committee held four meetings during the year under review and considered, among others, the following:
  • Approved the Committee Evaluation Report for the 2016 financial year;
  • Approved the Committee Evaluation Action List for the 2016 financial year;
  • Approved the proposed Annual Work Plan for the 2018 financial year;
  • The committee approved the Risk Assessment on the 1 064 Locomotives and related mitigation measures;
  • Approved the proposed changes to the Annual Insurance Renewal Limits for the 2018 financial year, subject to the final negotiations with the insurers, which will be reported upon conclusion; and
  • Approved the Compliance Plan for the 2018 financial year.
1 Mr PG Williams passed away on 15 March 2017.
2 Member of REMSEC until 21 January 20a17, and member of the Risk Committee effective 22 January 2017.
Acquisitions and Disposals Committee
Acquisitions and Disposals Committee Summary of committee mandate
Chairperson
Mr SD Shane

Members
Ms LC Mabaso
Mr ZA Nagdee
The Acquisitions and Disposals Committee is constituted as a committee of Transnet SOC Ltd in respect of all other duties assigned to it by the Board of Directors in terms of its mandate. The purpose of the committee is to:
  • Advance and maintain the Company’s acquisition and disposal policies;
  • Approve procurement transactions within the committee’s delegated authority;
  • Monitor trends in supplier development spend and progress on plan;
  • Consider strategic acquisitions and disposals and make recommendations to the Board of Directors;
  • Consider, for recommendation to the Board of Directors, potential private-sector participation models;
  • Review quarterly capital expenditure reports, and monitor execution of approved projects;
  • Monitor the implementation of strategic acquisitions against the approved plans; and
  • Approve procurement strategies for proposed acquisitions and disposals to the Board of Directors in line with the Delegation of Authority Framework.
Summary of key activities and key outputs (decisions, approvals, policies and procedures) for the 2017 financial year
The committee held seven meetings during the year under review where it considered, among others, the following:
  • Approved its Committee Evaluation Report for the 2016 financial year;
  • Approved its Committee Evaluation Report Action List for the 2016 financial year;
  • Approved the non-award for the Request for Proposal (RFP) No TE14-KLP-O9T-0005 for the supply of critical spare parts and components to Transnet Engineering for the maintenance of the TFR GM/Electric Motor Diesel Locomotive fleet over a period of five years;
  • Approved the Annual Work Plan for the 2018 financial year;
  • Approved that the Annual Procurement Plan be submitted to National Treasury by the Group Chief Executive;
  • Approved the Company’s Infrastructure Framework for Infrastructure Procurement and Delivery Management;
  • Approved the Enterprise and Supplier Development Initiatives for the 2017 financial year;
  • Recommended that the Board of Directors approves the proposed Corporate Calendar for the 2018 financial year;
  • Recommended that the Board of Directors notes the revised Corporate Plan and approves the 2018 financial year Budget and Progress Report;
  • Approved the revised Company Procurement Ombudsman Terms of Reference; and
  • Approved the Procurement and Transformation Targets as discussed with the Department of Public Enterprise for inclusion in the 2018 financial year Shareholder’s Compact.
Group Leadership Team (GLT) meetings

Schedule of members’ attendance at GLT meetings held during the period under review:

Meetings held 11
Mr SI Gama (Chairperson) 10
Mr MM Buthelezi 6
Mr GJE de Beer 7
Ms S Chetty1 1
Mr M Gregg-Macdonald1 2
Mr T Jiyane 11
Ms NE Khumalo3 5
Mr ZE Lebelo1 2
Ms R Lepule1 2
Ms DC Moephuli 10
Ms MA Mosidi 8
Mr LMH Msagala1 2
Mr R Nair1 2
Mr K Phihlela2 5
Mr GJ Pita 10
Ms S Qalinge3 10
Mr K Reddy 9
Mr N Silinga1 2
Ms EAN Sishi 10
Mr KXT Socikwa1,4 0
Ms MA Sukati 9
Mr R Vallihu 2
1 Messrs Gregg-Macdonald, Lebelo, Msagala, Nair, Silinga and Socikwa, and Mss Chetty and Lepule were members of the GLT meeting until
30 April 2016 prior the change in the corporate structure.
2 Mr Phihlela was acting as Chief Business Development Officer until Mr de Beer’s appointment on 1 August 2016.
3 Ms Khumalo, Ms Qalinge, and Ms Sukati as extended group leadership supporting the office of the GCE are attendees at the GLT meetings.
4 Rendered an apology for non-attendance.