1(a)(ii) Brand SA is listed as schedule 3A in the PFMA and is not required to conclude a Shareholder’s Compact, however Minister signs-off Governance Agreement with the Board. As a start, on 8 July 2021, the former Acting Minister Ms Khumbudzo Ntshavheni granted concurrence to then Chairperson of Brand SA, Ms Thandi Tobias for the appointment of Ms Sithembile Ntombela, the current acting CEO. At that time, the Board complied with various sections of the Trust Deed, which allow the Board to make an appointment subject to concurrence being granted by the Minister. On the extension of the acting tenure of the incumbent, at the Board meeting held on 27 October 2022, a resolution was taken that the term of office of the Acting CEO be extended until June 2023 or until the new Board decides otherwise.
b) The Board of Trustees of Brand SA in their meeting of the 27th of October 2022 resolved to extend the Acting appointment of the CEO to June 2023 or until the new Board decide otherwise and therefore the new Board that has been appointed will be given an opportunity as per its powers to decide. (c) Not Applicable;
(2) (a) Not Applicable and (b) Not Applicable NW3325E
Name of the Drafter: Mr Sandile Nene
Designation: Chief Director
Contact details: 012 473 3658
_____________________
Nomonde Mnukwa (Ms)
Acting Director - General
Date:
_________________________
Khumbudzo Ntshavheni (Ms)
Minister in the Presidency
Date: