Committee Structure and Governance
In addition to the permanent management team, the Finance Corporation is governed through three standing committees:
Committee Composition
Each committee consists of six (6): Chairperson, Deputy Chairperson, Treasurer, Deputy Treasurer, Secretary & Deputy Secretary
Appointment and Qualifications
Committee members serve on a voluntary basis and are selected based on their skills, experience, qualifications, and ability to perform the responsibilities associated with their respective positions. The REIT ensures that individuals appointed to financial, governance, and administrative roles possess appropriate knowledge and competence relevant to their duties.
Committee Remuneration
Although committee members serve voluntarily, they are collectively entitled to receive an incentive of the REIT’s net profits. This amount is shared among committee members in accordance with a distribution formula approved by the REIT’s and applied consistently and transparently.
Investment Committee – Responsible for ensuring that funds are invested and utilized in accordance with the REIT’s objectives and approved policies.
Dividends Committee – Responsible for overseeing the fair and transparent distribution of profits and dividends to members.
Audit Committee – Responsible for monitoring compliance, accountability, and governance, and ensuring that all committees operate ethically, transparently, and in accordance with approved procedures.
Tshepang Makweng
Marketing Assistant
Noluthando Hadebe
Finance Assistant
Tshepang Shabangu
Sales Assistant
Thabisile Tyokolo
Admin Assistant
