African Rainbow Minerals Management
Management criteria checks 3/4
African Rainbow Minerals' CEO is Velile Tobias, appointed in May 2023, has a tenure of 2.67 years. directly owns 0.027% of the company’s shares, worth $890.95K. The average tenure of the management team and the board of directors is 5.6 years and 6.8 years respectively.
Key information
Velile Tobias
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 2.7yrs |
| CEO ownership | 0.03% |
| Management average tenure | 5.6yrs |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2025 | n/a | n/a | R330m |
| Mar 31 2025 | n/a | n/a | R2b |
| Dec 31 2024 | n/a | n/a | R3b |
| Sep 30 2024 | n/a | n/a | R3b |
| Jun 30 2024 | R14m | R9m | R3b |
| Mar 31 2024 | n/a | n/a | R4b |
| Dec 31 2023 | n/a | n/a | R5b |
| Sep 30 2023 | n/a | n/a | R6b |
| Jun 30 2023 | R16m | R7m | R8b |
| Mar 31 2023 | n/a | n/a | R11b |
| Dec 31 2022 | n/a | n/a | R13b |
| Sep 30 2022 | n/a | n/a | R13b |
| Jun 30 2022 | R11m | R4m | R12b |
Compensation vs Market: Insufficient data to establish whether Velile's total compensation is reasonable compared to companies of similar size in the US market.
Compensation vs Earnings: Velile's compensation has been consistent with company performance over the past year.
CEO
Velile Tobias (54 yo)
Mr. Velile Phillip Tobias, BSc (Mining Engineering), serves as Chief Executive Officer and Executive Director of African Rainbow Minerals Limited since May 1, 2023. He was Chief Operating Officer of Africa...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 22.7yrs | R38.46m | 0.059% $ 2.0m | |
| CEO & Executive Director | 2.7yrs | R13.85m | 0.027% $ 890.9k | |
| Finance Director & Executive Director | 5.3yrs | R17.63m | 0.028% $ 933.6k | |
| Chief Executive of ARM Ferrous | 13.5yrs | R21.20m | no data | |
| Chief Information Officer | no data | no data | no data | |
| Executive of Investor Relations & New Business Development | no data | no data | no data | |
| Group Executive of Compliance & Stakeholder Relations | no data | no data | no data | |
| Group Executive of Legal | 6yrs | no data | no data | |
| Group Executive of Human Resources | 11.5yrs | no data | no data | |
| Senior Executive Finance-Corporate & Tax | no data | no data | no data | |
| Chief Executive of ARM Technical Services | less than a year | no data | no data | |
| Acting Chief Executive of ARM Platinum | less than a year | no data | no data |
Experienced Management: AFBO.F's management team is seasoned and experienced (5.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 22.7yrs | R38.46m | 0.059% $ 2.0m | |
| CEO & Executive Director | 2.7yrs | R13.85m | 0.027% $ 890.9k | |
| Finance Director & Executive Director | 5.3yrs | R17.63m | 0.028% $ 933.6k | |
| Independent Non Executive Director | 3.3yrs | R1.16m | no data | |
| Independent Non-Executive Director | 17yrs | R1.76m | no data | |
| Independent Non-Executive Director | 22yrs | R1.58m | no data | |
| Independent Non-Executive Director | 14.9yrs | R2.48m | no data | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 8.3yrs | R1.27m | 0.13% $ 4.3m | |
| Lead Independent Non-Executive Director | 8.3yrs | R1.59m | no data | |
| Independent Non Executive Director | 3.3yrs | R1.36m | no data | |
| Independent Non-Executive Director | 5.3yrs | R1.39m | no data |
Experienced Board: AFBO.F's board of directors are considered experienced (6.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/01/30 11:19 |
| End of Day Share Price | 2026/01/12 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2025/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
African Rainbow Minerals Limited is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ayan Ghosh | Avior Capital Markets |
| Caroline Learmonth | Barclays |
| Patrick Mann | BofA Global Research |