Page 74 - TKZN Annual Report 2023/2024

Name
Designation
Number of meetings
Held
Attended
Ms. Button
Chairperson
4
4
Mr. Kalinjani
Member
4
4
Prof. T. Nzama
Member
4
4
Prof. T. Nzimakwe
Member
4
4
Human Resources and Compensation Committee
The Committee assist the Board in discharging its duties related to human capital management, ensuring that:
• TKZN has a Human Capital Management Strategy that is aligned to TKZN’s Objective, Vision and Mission;
• Human Capital - related policies, frameworks and systems are in place and in compliance with all applicable legislations and
governance frameworks, including those related to performance management, succession planning and employee benefits; and
• Ensuring that TKZN ethics are managed effectively.
The Committee held six meetings comprised of four scheduled and two special meetings. The meetings were held on 06 April 2023; 24 April 2023; 14 July 2023; 18 July 2023; 02 December 2023 and 06 February 2024. The Membership and attendance of committee meetings are reflected in the table below:
Name
Designation
Number of meetings
Held
Attended
Mr. T. Mzileni
Chairperson
6
6
Ms. M. Madlala
Member
6
4
Mr. S. Kalinjani
Member
6
6
Prof. T. Nzama
Member
6
6
Prof. T. Nzimakwe
Member
6
6
Dr. K. Naidoo
Member
6
6
Ms. D. Hoorzuk
Members
6
N/A
Board Remuneration
Board members eligible for Board fees were remunerated and reimbursed for other expenses incurred in the course of executing TKZN- related activities. This was done in accordance with the Remuneration Framework, as determined annually by the Shareholder.
For the disclosure of Board fees and other related expenses, please refer to note 23 of the audited Annual Financial Statements.
Board Induction and Development and/or Capacity Building
The current Board was appointed effective 01 August 2021. An additional Board Member was appointed on 13 February 2024. The Board induction took place on 26 to 28 June 2023. As part of Board members’ ongoing development, the Board’s Development Plan was approved by the Board in May 2023 and the implementation thereof facilitated by the Board Secretary. Ongoing development included the attending of a training course at Institute of Directors for Southern Africa (IoDSA), as a result of which Board members received regular updates on legislative and governance-related topics.
72 TOURISM KWAZULU-NATAL ANNUAL REPORT 2023/2024