NRF Annual Report 2018

PART C: REGULATORY REPORTING
TABLE 33: REMUNERATION OF BOARD MEMBERS (2017/18)
Name
Remuneration
(R’000)
Other allowance
Other
reimbursements
Total
(R’000)
Ms GM Campbell 31 Nil Nil 31
Ms CA Busetti [appointed April 2017] 66 Nil Nil 66
Dr P Clayton 103 Nil Nil 103
Prof M Leibbrandt 62 Nil Nil 62
Ms M Letlape 109 Nil Nil 109
Mr R Lubisi 72 Nil Nil 72
Prof SD Maharaj 50 Nil R802.30 51
Prof T Maluleke 39 Nil Nil 39
Prof S Mosoetsa* Nil Nil Nil Nil
Prof L Nongxa 129 Nil Nil 129
Dr V Papu-Zamxaka 50 Nil Nil 50
Prof R Singh 80 Nil Nil 80
Prof E Tyobeka 40 Nil Nil 40
Ms J Yawitch 63 Nil Nil 63
* As per National Treasury Regulations, government employees/civil servants who serve on a Board of a state entity do not qualify for
Board remuneration.
11.14 NRF organisational structure
The CEO with the Corporate Executive Committee,
supported by Programme 1, provide an enabling governance
and compliance structure that ensures the organisation
meets its mandate, while operating within an established
control environment. This structure provides combined
assurance to the NRF Board.
11.14.1 NRF Corporate Executive Committee
The Board of the NRF delegates to the CEO, who performs
the function of the Accounting Officer of the NRF in line with
the Act. The CEO is also the Chairman of the Corporate
Executive Committee. This committee is the formal internal
NRF decision-making structure and is constituted as
shown in Figure 27. The Corporate Secretary provides
the secretariat function to Corporate Executive Committee
meetings. To ensure cascading of key business and
strategic information and engagement with all business
units, the NRF has created a consultative forum, namely
the NRF Directors’ Forum, which meets twice a year.
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NRF Annual Report 2017/18