CLEMENTINE

[CLEMENTINE @_blessingm]

It’s really just me & God cruising through life. 🤍

[Verashni Pillay @verashni]

Newsmaker of the week, hands down.

Drushantha Ramsamy also showed us how it's done, trying to navigate unethical workplaces. Keep receipts, note your objections and never, ever get seduced into doing what's wrong just because everyone else is normalising it.

#MadlangaCommission #AndreaJohnson #IDAC

[𝐇𝐀𝐁𝐈𝐋𝐄 @sthedoingtingss]

How is South Africa borrowing R26.5 Billion from World Bank yet SARS collected R2.010 Trillion in the latest financial year?

[Asante Mokhuoa @AsanteOnBoards]

𝐂𝐇𝐈𝐄𝐅 𝐌𝐀𝐑𝐊𝐄𝐓𝐈𝐍𝐆 𝐎𝐅𝐅𝐈𝐂𝐄𝐑 𝐀𝐏𝐏𝐎𝐈𝐍𝐓𝐌𝐄𝐍𝐓 | 𝐅𝐍𝐁

FNB has appointed Linda Kachingwe-Sisya as its new Chief Marketing Officer.

In her new role, she will lead the bank’s marketing, corporate affairs and brand strategy.

Kachingwe-Sisya brings more than 20 years in consumer goods and financial services, with experience spanning Southern, Eastern and Western Africa as well as international markets.

She started at Unilever Zimbabwe in 2005 as Brand Manager, moving to Brand Manager for Home and Personal Care Brands in Malawi within her first five years. In 2008, she took on the role of Regional Head of Brand for OMO across East and Southern Africa, based in Nairobi.

She moved into banking in 2009, joining Standard Bank Group as Head of Marketing and Communications in Malawi. Over eight years there, she rose to Regional Marketing Head for South and Central Africa, then Executive Head of Regional Marketing and Communications for West Africa, sitting on the group's Marketing and Communications Executive Committee.

Kachingwe-Sisya joined Rand Merchant Bank in 2018 as Executive Head of Marketing for Africa, Coverage and Private Equity. She was later named Africa Executive Head of Marketing and Communications for FNB and RMB, and in November 2021 took charge of marketing and communications for the group's Africa and international businesses, covering Africa, India, China, the UK and the US.

Her remit spanned retail and commercial banking, corporate and investment banking, wealth management, insurance, lending and digital banking. She has sat on several executive committees across FNB and RMB.

She holds a Bachelor of Social Science in Economics from the University of Malawi and an MSc in Strategic Management and Leadership from the University of Derby. She has a Professional Diploma in Marketing from the Chartered Institute of Marketing, completed the Global Executive Development Programme at GIBS with Distinction, and holds a Postgraduate Diploma in Digital Business with Distinction from the Emeritus Institute of Management, delivered with MIT Management Executive Education and Columbia Business School.

She is a Chartered Marketer.

Congratulations are in order. 💐💐

#AskAsanteOnBoards

[mpilo @MpiloKhumalo_]

Son: "mama, why is my name Hugolethu"

Me:

[Rato🇿🇦 @mokone_rato]

What I expect from you @BafanaBafana in every game?
Is the DESIRE!!!!!🙌

[AKA @akaworldwide]

SOUTH AFRICA 🇿🇦

[Musa Khawula @Musa_Khawula]

Thabi Nkosi has been appointed the new chairwoman of the Public Investment Corporation committee on behalf of the Minister of Finance; Enoch Godongwana and Patrick Dlamini.

Thabi Nkosi boasts previous experience as an agricultural economist and chairwoman of the Land and Agricultural Development Bank of South Africa, otherwise known as the Land Bank.

[Lewis Hamilton @LewisHamilton]

RUN IT BACK

[Asante Mokhuoa @AsanteOnBoards]

ABSA’S PROPOSED BOARD FEES AND THE ECONOMICS OF BOARD ACCESS

As Absa continues to dominate public conversation, shareholders are today expected to vote on the proposed remuneration of non-executive directors for the 2026/2027 period.

If approved, the fees will apply from 1 June 2026 to 31 May 2027.

The proposed fees are:

*Board Chairman: R8,124,334

*Lead Independent Director: R290,306

*Board members: R728,556

These figures are exclusive of VAT where applicable.

The numbers matter.

Not because board service should be reduced to money, but because they reveal a truth many professionals are never taught:

Board access is also economic access.

June marks the end of the first half of the year. It is a natural moment to review income, positioning, visibility and missed opportunities.

I have often hesitated to speak openly about board fees because a board seat is not a side hustle. It is a fiduciary responsibility requiring judgment, preparation, ethics, oversight and accountability.

But we must also be honest.

Part of the reason the same names continue to circulate across boards is that they understand the economics of governance access. They know that board appointments can strengthen their finances, expand their influence and keep them visible for future opportunities.

Meanwhile, many capable and ethical professionals do not even know what board fees can look like, or that advisory roles can become pathways into formal board appointments.

This is why board fees must be demystified.

Not to attract greedy people.

To inform ethical people.

In my view, serious board candidates should aim, over time, for a maximum of three meaningful board or advisory roles per annum.

Three roles where they can prepare properly, contribute meaningfully, read deeply, ask the right questions and serve with integrity.

One of our own candidates started with an unpaid advisory board role.

Zero fees.

Just proximity, learning, positioning and governance exposure.

Today, at only 34, she holds two paying board roles over and above her primary professional income.

One pays approximately R589,000 per annum.

The other, converted from a dollar-based committee role, pays approximately R627,000 per annum.

That is an additional board-fee portfolio of:

R1,216,000 per annum

This is not her salary.

It is additional income created through governance readiness, credibility and positioning.

Board service is not a side hustle.

But let us stop pretending board fees are irrelevant.

#AskAsanteOnBoards

[ncomeka @mjwarancomeka]

Like a dry sponge, ready to absorb all the knowledge I can attain 🥹

[Gomolemo.❤️ @RoyaltyGomo]

There isn’t anything I wouldn’t do for a partner that shows up for me and chooses to love me everyday.🥺🤞🏾

[Business Explainer @businessXplain]

PIC MOVES TO DELIST BALWIN

A consortium led by the Public Investment Corporation (PIC) has launched a R2.26bn buyout offer for Balwin Properties, paving the way for the residential developer to delist from the JSE and A2X.

Shareholders have been offered R4.35 per share, a strong premium to recent trading prices, despite being below the company’s reported asset value.

Balwin said the costs and challenges of remaining listed had become increasingly difficult.

Full story - https://t.co/kmRTBaQDpx

Pictured - Patrick Dlamini, PIC CEO

[Double-slit Existence @Starmetta]

@_Bonga This also happens as part of succession planning where junior and middle managers attend excos with their seniors for exposure and learning through immersion. Specialists also attend excos regularly.

[Rochelle Meyer @Rochelle__Meyer]

Does this mean Arsenal qualified for the World Cup?

[Ta West @wfreemantle]

Inkulu leVeki esiya kuyo...pray God makes it a special one 🥹🙏🏼✨️

[Talking Money with Nozi @nozi_vanheerden]

This is my order of priority:

1. Emergency fund.
2. TFSA.
3. Discretionary investments.
4. RA.

Being liquid (ability to access money easily and quickly) is extremely important to me. Personal finance is personal...

[Asante Mokhuoa @AsanteOnBoards]

CHIEF PEOPLE OFFICER APPOINTMENT | Absa

Palesa Ntoagae has been appointed Chief People Officer: Personal and Private Banking Pan-Africa at Absa Group.

She joins Absa from Old Mutual Insure, where she served as Executive: Human Capital and Facilities Management, with responsibility for the organisation’s people agenda and facilities portfolio.

In an environment where talent, culture and leadership depth have become decisive levers of competitive advantage, the appointment of a Human Capital executive with Ntoagae’s institutional range is far from incidental.

Having led the Human Resources function of the JSE, Africa’s leading stock exchange, and built a career across major institutions including Old Mutual Insure, Standard Bank Group, Deloitte and KPMG South Africa, she brings the kind of cross-sector people leadership experience that signals a deliberate strengthening of institutional capability.

Notably, Ntoagae previously spent close to nine years at Standard Bank Group, where she held a succession of senior Human Capital leadership roles across key business functions, including People and Culture Lead: Southern Region, Head of Human Capital: Personal and Business Banking, Africa Regions, Business Partner: Human Capital, Customer Channels Gauteng Province, and HR Business Partner for Group Card and Emerging Payments.

Ntoagae holds a Bachelor of Commerce in Management and Commercial Law from Rhodes University, a Postgraduate Management Diploma from GIBS Business School (Gordon Institute of Business Science), and completed MBA Essentials through the The London School of Economics and Political Science (LSE).

Beyond a distinguished career leading what remains every institution’s most consequential resource, its people, Ntoagae is a Strategic African Women In Leadership (SAWIL) Trailblazers Award recipient and a CHRO South Africa Awards nominee, affirming her standing as an HR Executive with the institutional range, sector fluency and leadership depth required for a mandate of this scale.

She is also a Mount Kilimanjaro summiteer, a personal milestone that speaks to the discipline, resilience and resolve that have shaped her leadership journey.

Congratulations are in order!

#AskAsanteOnBoards

[Pitsi @PitsiAfrica]

And dilo di tlo kopana, monate bjang!

[𝐓𝐢𝐦𝐢✰ @_timiszn]

I can't wait to hear "can i see your passport and boarding pass"

[kamo @kamogelx]

God, it’s me again, please man 🧎🏾‍♂️🙏🏾