CASE STUDY

!Khi Solar One

Once completed, this concentrated solar tower power station will be one of the largest in the world. One of the benefits of this project relative to most other renewable energy projects is its ability to store energy and to deliver electricity to the grid during peak times.

Leadership commentary

Board of directors

Read more : Detailed information regarding board members’ appointment date, area of expertise, committees and number of meetings attended appears here in the Corporate Governance report.

             

MW HLAHLA (6)

Chairperson
BA (Hons) (Economics) (Pomona College – California);
Masters in Urban and
Regional Planning
(University of California, Los Angeles)

Age: 50 years
Date of appointment
Appointed to the Board –
1 October 2005
Appointed Chairperson –
25 November 2011
Directorships
• Findevco (Pty) Limited
• Liberty Holdings Limited
• Ministerial Advisory Committee
on SME
Chairman:
• Royal Bafokeng Holdings

 

MG QHENA (9)

Chief Executive Officer
(Executive Director)
BCompt (Hons) (Unisa); CA(SA);
SEP (Wits and Harvard);
Advanced Tax Certificate (Unisa)

Age: 47 years
Date of appointment
Appointed to the Board –
1 March 2005
Directorships
• Findevco (Pty) Limited
• Acerinox SA
Chairman
• Foskor (Pty) Limited

 

LI BETHLEHEM (5, 9)

(Non-executive Director)
BA (Hons) Industrial Sociology (Wits);
Master of Arts (Wits); Certificate in
Economics and Public Finance (Unisa)
Head: Real Estate Investment -
Standard Bank

Age: 45 years
Date of appointment
Appointed to the Board –
1 October 2008
Directorships
• Findevco (Pty) Limited
• Holds 13 other directorships,
details available upon request
from the Company Secretary

 

JA COPELYN (7, 9)

(Non-executive Director)
BA (Hons) African Governments
(Wits);
BProc (Unisa)
CEO – Hosken Consolidated
Investments Limited

Age: 62 years
Date of appointment
Appointed to the Board –
25 November 2011
Directorships
• Findevco (Pty) Limited
• Holds 112 other directorships.
details available upon request
from the Company Secretary

             
             

BA DAMES (6, 9)

(Non-executive Director)
BSc (Hons) (University of Western
Cape); MBA (Stanford University)
CEO – Eskom Holdings SOC Limited

Age: 47 years
Date of appointment
Appointed to the Board –
25 November 2011
Directorships
• Findevco (Pty) Limited
• EPRI – USA
• World Association of Nuclear
Editors (WANO )
• World Business Council for
Sustainability Development
(WBCSD)
• VGB (Electricity Utility Industry
Association)

 

LL DHLAMINI (3, 6, 7, 8)

(Non-executive Director)
BSc (Computer Science) (UCT);
BCom (Conversion) (UCT); CA(SA);
Post-graduate Diploma in
Accounting (UCT)
CEO – SekelaXabiso Consulting

Age: 39 years
Date of appointment
Appointed to the Board –
1 October 2008
Directorships
• Findevco (Pty) Limited
• Xabiso Consulting
• Nkwenkwezi Investment
• Xabiso CA Inc
• Omigsa
• Omhil
• Omhlife

 

RM GODSELL (6, 7)

(Non-executive Director)
BA (Sociology and Philosophy)
(University of Natal); MA (Liberal
Ethics) (UCT), Post-graduate Studies
(Sociology and Philosophy) (Leiden
University)

Age: 60 years
Date of appointment
Appointed to the Board –
25 November 2011
Directorships
• Findevco (Pty) Limited
• Platmin Limited
• H olds seven other directorships,
details available upon request
from the Company Secretary

 

BA MABUZA (4, 10)

(Non-executive Director)
BA (Mathematics and
Computer Science) (Hunter
College, City University of NY),
MBA (Finance and Information
Systems) (Leonard Stern School
of Business, NYU)

Age: 49 years
Date of appointment
Appointed to the Board –
25 November 2011
Directorships
• Findevco (Pty) Limited
• Afgri Limited
• Africa Business News (Pty) Limited
• Development Bank of Southern
Africa
• Lehumo Women’s Investment
Holdings
• CE F SOC Limited ( Central Energy
Fund)
• NIH Investment Committee
Chairman:
• Airports Company South Africa
SOC Limited (ACSA )

             
             

SM Magwentshu -
RENSBURG (7, 10)

(Non-executive Director)
BA (Management – Accounting
and Business Administration)
(Webster University, Vienna);
MBA (Webster University, London)
DPhil (Business Management) (UJ)

Age: 53 years
Date of appointment
Appointed to the Board –
25 November 2011
Directorships
• Findevco (Pty) Limited
• The Small Enterprise Foundation
• Ministerial Advisory Committee
on SME
Chairman:
• sefa (Small Enterprise Finance
Agency)

 

SK MAPETLA (1, 10)

(Non-executive Director)
BSc Chemistry (Lesotho);
MSc Analytical Chemistry (USA);
Business Management Diploma
(Irish Management Institute Dublin);
EDP (Wits); Certificate Programme
in Financial Analysis (Wits)
CEO – Biotech Laboratories (Pty)
Limited

Age: 62 years
Date of appointment
Appointed to the Board –
1 October 2008
Directorships
• Findevco (Pty) Limited
• Biotech Labs (Pty) Limited
Chairman
• Afrika Biopharma Investment
(Pty) Limited

 

PM MTHETHWA (10)

(Non-executive Director)
BA (Economics) (University of the
North), MSc (Economics) University
of Paris, MBA (Corporate Finance)
(University of Sheffield)
CEO – National Empowerment Fund

Age: 49 years
Date of appointment
Appointed to the Board –
25 November 2011
Directorships
• Findevco (Pty) Limited
• Mervana (10 Beneficiary Family Trust)
• Sanlam Limited
• Sanlam Life Insurance Limited
Chairman:
• Group Five Limited

 

LR PITOT (2, 8, 9, 10)

(Non-executive Director)
CA(SA)

Age: 66 years
Date of appointment
Appointed to the Board –
1 October 2008
Directorships
• Findevco (Pty) Limited

             
   
             

ZJ VAVI (6, 8, 9)

(Non-executive Director)
General Secretary – COSATU

Age: 50 years
Date of appointment
Appointed to the Board –
25 November 2011
Directorships
• Findevco (Pty) Limited

 

NE ZALK (10)

(Non-executive Director)
BA (English and Private Law) (UNISA);
Postgrad Diploma in Economics
(Development) – School of Oriental
and African Studies; M.Sc (Economics)
(with merit) – School of Oriental and
African Studies (London University)

Age: 44 years
Date of appointment
Appointed to the Board –
25 November 2011
Directorships
• Findevco (Pty) Limited

 

GS GOUWS

(Chief Financial Officer)
(alternate)

BCom (Law), BCom (Hons)
(UJ); CA (SA); FCMA, Advanced
Management Programme (Insead)

Age: 54 years
Date of appointment
Appointed to the Board –
1 February 1999
Directorships:
• Kumba Iron Ore Limited
• Pebble Bed Modular Reactor
(SOC) Limited
• Atlantis Business Park (Pty) Limited
• The Export-Import Finance
Corporation of South Africa
(Pty) Limited
• Impofin (Pty) Limited
• Konbel (Pty) Limited
• Konoil (Pty) Limited
• Kindoc Nominees (Pty) Limited
• Findevco (Pty) Limited
• Herdmans South Africa (Pty)
Limited

   
             
(1) Chairman of the Board Human Capital and Nominations Committee
(2) Chairman of Board Audit Committee
(3) Chairman of Governance and Ethics Committee
(4) Chairman of Board Risk and Sustainability Committee
(5) Chairman of Board Investment Committee
(6) Member of Board Human Capital and Nominations Committee
(7) Member of Board Audit Committee
(8) Member of Governance and Ethics Committee
(9) Member of Board Risk and Sustainability Committee
(10) Member of Board Investment Committee
 

Coega Dairy Holdings

The IDC has identified increased competition in the dairy value chain and import substitution in the cheese industry as key sector development goals. We also singled out the need for increased farmer (and specifically B-BBEE) participation in dairy value-adding initiatives.

Windtown Lagoon Resort 

The newly built Windtown Lagoon Resort and Spa reflects the IDC’s focus to funding community-based projects that have potential to create employment opportunities in far-flung regions.


APPROVALS
R13.1 billion
DISBURSEMENTS
R16.0 billion
JOBS FACILITATED
18 922
JOBS SAVED
3 950
© The IDC 2013. All rights not expressly allowed are reserved. P.O. Box 784055, Sandton, 2146, South Africa