Corporate Governance

Board of Directors

Chairman

TS Munday (independent non-executive)

Chief executive

AE Dickson

Chief financial officer

NA Thomson

Executive directors

MAR Taylor
M Moodley

Independent non-executive directors

T Abdool-Samad
SD Jagoe
P Mahaneyele
S Martin
TJ Motsohi
SG Pretorius
R van Rooyen

Non-executive directors

NDB Orleyn

Download Board Charter PDF 2.5MB

Board Committees

Audit Committee

R van Rooyen (Chairman)
T Abdool-Samad
P Mahanyele
S Martin

AUDIT COMMITTEE
CHARTER PDF 46KB

Nomination and Governance Committee

TS Munday (Chairman)
T Abdool-Samad
S Martin
NDB Orleyn
SG Pretorius
R van Rooyen

NOMINATION AND GOVERNANCE
COMMITTEE PDF 46KB

NOMINATION POLICY PDF 46KB

Remuneration Committee

S Martin (Chairman)
SD Jagoe
TS Munday
NDB Orleyn

REMUNERATION COMMITTEE TERMS OF
GOVERNANCE PDF 46KB

Risk Committee

SG Pretorius (Chairman)
T Abdool-Samad
AE Dickson
TJ Motsohi
TS Munday
NA Thomson
R van Rooyen

RISK COMMITTEE TERMS OF
REFERENCE PDF 46KB

Social, Ethics and Transformation Committee

NDB Orleyn (Chairman)
AE Dickson
P Mahanyele
TJ Motsohi
TS Munday
SG Pretorius

SOCIAL, ETHICS AND TRANSFORMATION
COMMITTEE TERMS OF REFERENCE PDF 46KB

Investment Committee

T Abdool-Samad (Chairman)
SD Jagoe
TS Munday
SG Pretorius
R van Rooyen

INVESTMENT COMMITTEE PDF 46KB

Management Committees

Code of Ethics

Group Executive Committee

AE Dickson (Chairman)
NA Thomson (CFO)
L de Jager
K Louw
M Moodley
MAR Taylor
DP van der Bijl

Group Transformation Committee

AE Dickson (Chairman)
NA Thomson (CFO)
L de Jager
K Louw
M Moodley
MAR Taylor
DP van der Bij

REUNERT TRANSFORMATION CHARTER
PDF 46KBB

  • Conduct yourself honourably and in the best interests of the company
  • Abide by all laws and regulations
  • Avoid all conflicts of interest between work and personal affairs
  • Act in good faith, with integrity and honesty
  • Foster an environment in which people are encouraged to be open
  • Respect one another and act in a non-discriminatory manner
  • Act in a socially responsible way
  • Protect the environment and our natural resources

Board Policies

Balance of Power

This policy ensures that no single individual on the Board has unfettered powers of decision-making and that there is a balance of power among the members of the Board, and between the Board and management. Among other things it requires that the Board, with the assistance of the Audit Committee, shall establish and maintain a framework for the DoA to executive management and reserves specified matters for the Board and its committees to decide on.

balance of power policy PDF 2.0MB


Board appointments

Board appointments are made by way of a formal, fair and transparent process that is free of bias and discrimination. The Board strives for diversity of gender, race, skills and experience.

The Board continuously reviews the diversity of its members and likely succession requirements. Reunert fosters a mix of skills and backgrounds on the Board to provide challenge and different perspectives in the interest of Reunert.

The Board’s appointment policy was updated during the year to reflect its minimum objective of 25% female representation.

BOard Appointments policy PDF 62KB


Induction of new directors

Reunert follows a formal induction process for new directors. Induction is not a once-off process and continued support, information and advice is available to the directors. A programme of site visits is arranged for new directors, to familiarise them with the various operations.

Induction of new directors policy PDF 62KB


Remuneration principles and reimbursement of expenses for non-executive directors

This policy regulates various aspects of the remuneration of directors and the extent to which they are entitled to reimbursement for expenses incurred. The policy includes provisions on the services that directors are expected to provide to Reunert in exchange for the stipulated directors’ fees, which extends beyond the preparation for and participation in meetings. The policy sets out the circumstances in which the Remuneration Committee will consider the payment of additional remuneration to directors, subject to shareholder approval, where required.

Remuneration principles policy PDF 317KB


Access to information

Promotion of Access to Information Act 2 of 2000 Section 51 Manual

for Reunert Limited (Reg. No. 1913/004355/06) including its subsidiaries

The Promotion of Access to Information Act, No 2 of 2000 (”the Act”) was enacted on 3 February 2000, giving effect to the constitutional right of access to any information held by the State and any information that is held by another person and that is required for the exercise or protection of any rights. Where a request is made in terms of the Act, the body to whom the request is made is obliged to release the information, except where the Act expressly provides that the information may or must not be released. The Act sets out the requisite procedural issues attached to such request.

Click here to download the Manual of Reunert as required in terms of the Act. This document provides a reference as to the records held and the procedures that need to be followed to request access to such records.

REUNERT PAIA MANUAL PDF 5.46MB

Whistle-Blowing

Reunert has a whistle-blowing programme that gives employees and suppliers the opportunity to anonymously report perceived cases of unethical practice.

If you suspect any wrongdoing such as theft, bribery, anti-competitive behaviour, intimidation, corruption or fraud within Reunert or any of its companies please report it to the Deloitte Tip-off line. Tip-offs Anonymous is completely independent, confidential whistleblowing hotline service operating 24-hours a day, 365 days a year. All reports received are thoroughly investigated and acted on under the guidance of internal audit.

FreeCall 0800 864 703
SMS 32840 (SMS charged at R1.00)
Email expose@tip-offs.com
Website www.tip-offs.com
FreeFax 0800 00 77 88
FreePost KZN 138, Umhlanga Rocks, 4320

Whistle-blowing policy  PDF 2.3MB

Further information: