BANKSETA ANNUAL REPORT 2023

ANNUAL FINANCIAL STATEMENTS NOTES TO THE ANNUAL FINANCIAL STATEMENTS for the year ended 31 March 2023

23. REMUNERATION OF MEMBERS OF THE ACCOUNTING AUTHORITY, COMMITTEE MEMBERS (continued)

Quarterly meeting and preparation fees

Special meeting and preparation fees

Ad hoc meetings

Total 2022/23

Total 2021/22

R’000

R’000

R’000

R’000

R’000

V Hattingh L Mhlongo

60 59 52 52 44 60

78 93 91

69

207 281 203 260 199 239

225 264 159 220 203 192

129

L van Pletzen P Landman

60

104

104

P Siphuma B Nyakane

68

87 65

114

Aggregate remuneration Accounting Authority members

752

1 134

1 434

3 320

3 164

Remuneration of independent committee members P Dala - Chairperson 59 101

89 15 36

249

166

T Mbatha

36 69

42 52

93

53 97

M Pillay

157

T Tshingano (appointed effective 1 September 2022)

Independent ARC members

49

27

28

104

-

Aggregate remuneration independent ARC committee members Aggregate remuneration of all members of the Accounting Authority and its sub-committees

213

222

168

603

316

965

1 356

1 602

3 923

3 480

Number of persons

17

16

196

PART F: FINANCIAL INFORMATION | BANKSETA ANNUAL REPORT 2022/23