Notes to the consolidated and separate annual financial statements | Note 33

33. Key management remuneration
33.1 Non-executive directors' remuneration
 
R'000 2024 2023
Mr S Phiri (Chairperson) 797 –
Mr A Mngomezulu 382 872
Ms M Vuso 578 517
Mr J Mclaughlan 498 460
Mr K Tlale 487 485
Ms N Mabusela-Aikhuere 606 571
Mr D McGluwa* 401 394
Mr D Green** 434 411
4 183 3 710

The above fees relate to services rendered as directors. No other services were rendered.

Change in directorate

On 18 January 2024, the Group announced the appointment of Mr Steve Phiri as an independent nonexecutive director of the Board, effective 1 February 2024.

On 15 May 2024, the Group announced the retirement of Mr Abiel Mngomezulu as an independent non-executive director of the Board, effective 15 May 2024. He was replaced by Mr Steve Phiri who was appointed as the Chairperson on 15 May 2024.

* Paid to IDC
** Paid to GOSA

 
33.2 Executive directors' remuneration
 
R'000 Salary Bonus Fringe
benefits
and leave pay		 Provident
fund
contributions		 Share
grants
vested		 Total
2024
Ms Z Matlala 6 083 5 899 272 932 9 345 22 531
Mr D Chocho 4 227 3 192 612 401 4 033 12 465
10 310 9 091 884 1 333 13 378 34 996
2023
Ms Z Matlala 5 730 5 231 289 851 6 169 18 270
Mr D Chocho 3 537 2 550 289 399 2 642 9 417
9 267 7 781 578 1 250 8 811 27 687