• Board of directors
• Business overview
• Corporate governance and sustainability report
• Independent auditors' report
• Directors' responsibility statement
• Directors' report
• Accounting policies
• Operating segmental report
• Statement of compliance by the Company Secretary
• Statements of financial position
• Statements of comprehensive income
• Statements of cash flows
• Statements of changes in equity
• Notes to the financial statements
• Analysis of ordinary shareholders
• Analysis of preference shareholders
• Principal subsidiaries
• Principal investments, associated companies and joint ventures
• Notice to shareholders
• Form of proxy
• Glossary of terms
• Administration
• Downloads

Executive directors

Mikki Xayiya
Chairman

BA (Unisa), Cert of Defence Management (Wits), Emerging Market Leadership Programme (University of Pennsylvania)

Mikki Xayiya has served in various capacities in the African National Congress since 1977. In 1995, he was appointed as a Policy Advisor – Office of the Premier, Gauteng Provincial Government. He left public office and joined Mawenzi Asset Managers as Managing Director. In 1998, he co-founded Mvelaphanda Holdings. Mikki is chairman of Mvelaphanda Holdings, Mvelaserve Limited and various other Group companies.

Ernst Röth
Chief financial officer

BCom (Stell), BCompt (Hons)(Unisa), CA(SA), Postgraduate Certificate Advance Tax (Unisa)

After qualifying as a chartered accountant, Ernst Röth spent most of his career in public practice and also worked in the office of the Auditor-General of South Africa for three years. Prior to joining Mvelaphanda Group, he served as a credit risk monitoring executive for a bank in South Africa, financial and chief executive officer of a biochemical company and worked as a financial consultant to Mvelaphanda Holdings. He joined Mvelaphanda Group in June 2007 as a Group finance executive prior to his appointment as chief financial officer.

Non-executive directors

Kuseni Dlamini
Independent non-executive director

MPhil (Oxford)

Kuseni is the CEO of Old Mutual SA and Emerging Markets. Prior to this he was the head of Anglo American’s South African operations and a member of the Anglo American plc Executive Committee. He also held the position of Executive Chairman of Richards Bay Coal Terminal Company (RBCT), and a number of senior positions at Anglo Gold Ashanti and De Beers Consolidated in South Africa and the United Kingdom.

Kuseni graduated cum laude from the University of Natal with a Bachelor in Social Science Honours degree and was a Rhodes Scholar at Oxford University where he read for his MPhil. In 2008, he was selected as one of the ‘Young Global Leaders’ by the World Economic Forum and the Mail & Guardian named him as one of the top 200 young people worth taking to lunch.

Kuseni is active in professional bodies which include the South African Institute of International Affairs and the Advisory Board of Wits Business School.

Bryan Hopkins
Independent non-executive and lead independent director

BCom (Hons), CA(SA)

Bryan Hopkins is a non-executive director of Resilient Property Income Fund, Avusa Limited, Holdsport Limited and Makalani Holdings Limited. He is serving a three-year term on the Directorate of Market Abuse – a Financial Services Board committee. He previously held senior executive positions in the asset management industry at Old Mutual Asset Managers and Abvest. Prior to that, he was Professor of Accounting at the University of Cape Town.

Oyama Mabandla
Independent non-executive director

BA (University of California), Juris Doctor (Columbia University)

Oyama Mabandla is the immediate past Chairman of Vodacom and Executive Chairman of Langa Group, an investment holding company. Prior to joining South African Airways as deputy CEO, he held various positions within the legal and investment banking professions.

 

MVELAPHANDA GROUP LIMITED   Annual Report 2011

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