Lesaka Technologies Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	no data
CEO ownership	n/a
Management average tenure	3.3yrs
Board average tenure	3.4yrs

Recent management updates

Recent updates

CEO

Lesaka Technologies has no CEO, or we have no data on them.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ali Mazanderani	Executive Chairman	4yrs	US$129.00k	0.52% $ 29.8m
Naeem Kola	Group CFO	2.2yrs	US$903.77k	0.55% $ 31.6m
Lincoln Mali	CEO of Southern Africa & Director	no data	US$863.72k	0.59% $ 34.1m
Steven Heilbron	CEO of Connect Group & Director	11.3yrs	US$3.00m	1.2% $ 69.2m
Alan Keschner	Vice President of Joint Ventures and Investments	no data	no data	no data
Basie Kok	Group Chief Technology Officer	2.3yrs	no data	no data
Dhruv Chopra	Group Vice President of Investor Relations	no data	no data	no data
Janie Marx	Group Compliance Officer	5.2yrs	no data	no data
Lawrie Chalmers	Vice President of Group Human Resources	no data	no data	no data
Yasvanth Singh	Chief Information Officer	4.2yrs	no data	no data
Keith Kourie	Chief Information Officer	4.2yrs	no data	no data
Martin Wright	CEO of Kazang and Head of VAS & Card Division - Lesaka	2.3yrs	no data	no data

3.3yrs

Average Tenure

54yo

Average Age

Experienced Management: LSK's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ali Mazanderani	Executive Chairman	4yrs	US$129.00k	0.52% $ 29.8m
Naeem Kola	Group CFO	2.2yrs	US$903.77k	0.55% $ 31.6m
Lincoln Mali	CEO of Southern Africa & Director	2.7yrs	US$863.72k	0.59% $ 34.1m
Steven Heilbron	CEO of Connect Group & Director	2.1yrs	US$3.00m	1.2% $ 69.2m
Anthony Ball	Independent Non-Executive Director	4yrs	US$184.00k	no data
Javed Hamid	Independent Non-Executive Director	3.4yrs	US$138.33k	no data
Kubandiran Pillay	Lead Independent Director	3.9yrs	US$290.37k	no data
Nonkululeko Gobodo	Independent Non-Executive Director	2.8yrs	US$177.46k	no data
Ekta Singh-Bushell	Independent Non-Employee Director	5.6yrs	US$206.00k	0.011% $ 646.2k
Monde Nkosi	Independent Non-Executive Director	3.4yrs	US$154.10k	no data
Christopher Meyer	Non-Executive Director	3.3yrs	US$1.43m	1.49% $ 85.9m
Sharron Naidoo	Independent Non-Employee Director	less than a year	no data	no data

3.4yrs

Average Tenure

55.5yo

Average Age

Experienced Board: LSK's board of directors are considered experienced (3.4 years average tenure).

Lesaka Technologies Management

Management criteria checks 2/4

Key information

Recent management updates

Lesaka Technologies, Inc. Announces Appointment of Gaelebale Gaele Manaka as Company Secretary

Independent Non-Executive Director recently bought R20m worth of stock

Lesaka Technologies, Inc. Announces Board Changes, Effective February 1, 2024

Lesaka Technologies, Inc., Annual General Meeting, Nov 15, 2023

Lesaka Technologies, Inc. Appoints Venessa Naidoo as an Independent Non-Employee Director

Group CEO & Director recently bought R103k worth of stock

Recent updates

Lesaka Technologies, Inc. Reaffirms Earnings Guidance for the Year 2024

Third quarter 2024 earnings released: US$0.06 loss per share (vs US$0.091 loss in 3Q 2023)

Lesaka Technologies, Inc. (NasdaqGS:LSAK) agreed to acquire Adumo (RF) Pty Ltd from Apis Partners LLP, Apis Growth Fund I, L.P., International Finance Corporation, IFC Financial Institutions Growth Fund, LP, Adumo management and Crossfin Technology Holdings for ZAR 1.6 billion.

Lesaka Technologies, Inc. to Report Q3, 2024 Results on May 08, 2024

New major risk - Share price stability

Second quarter 2024 earnings released: US$0.04 loss per share (vs US$0.11 loss in 2Q 2023)

Lesaka Technologies, Inc. Provides Earnings Guidance for the Third Quarter Ending March 31, 2024 and Re-Affirms Earnings Guidance for the Year Ending June 30, 2024

Lesaka Technologies, Inc. Announces Appointment of Gaelebale Gaele Manaka as Company Secretary

Lesaka Technologies, Inc. to Report Q2, 2024 Results on Feb 06, 2024

Independent Non-Executive Director recently bought R20m worth of stock

Lesaka Technologies, Inc. Announces Board Changes, Effective February 1, 2024

First quarter 2024 earnings released: US$0.09 loss per share (vs US$0.17 loss in 1Q 2023)

Lesaka Technologies, Inc. Provides Earnings Guidance for the Second Quarter Ending December 31, 2023 and Re-Affirms Earnings Guidance for the Year Ending June 30, 2024

New minor risk - Share price stability

Lesaka Technologies, Inc. to Report Q1, 2024 Results on Nov 07, 2023

Lesaka Technologies, Inc., Annual General Meeting, Nov 15, 2023

New minor risk - Shareholder dilution

New minor risk - Shareholder dilution

Lesaka Technologies, Inc. Provides Earnings Guidance for the First Quarter Ending September 30, 2023 and Full Year Ending June 30, 2024

Full year 2023 earnings released: US$0.56 loss per share (vs US$0.75 loss in FY 2022)

Lesaka Technologies, Inc. to Report Q4, 2023 Results on Sep 12, 2023

Lesaka Technologies, Inc. Appoints Venessa Naidoo as an Independent Non-Employee Director

Group CEO & Director recently bought R103k worth of stock

Third quarter 2023 earnings released: US$0.09 loss per share (vs US$0.058 loss in 3Q 2022)

Lesaka Technologies, Inc. Provides Revenue Guidance for the Year 2023

Director & CEO of Net1 Southern Africa recently sold R1.3m worth of stock

Second quarter 2023 earnings released: US$0.11 loss per share (vs US$0.22 loss in 2Q 2022)

Lesaka Technologies, Inc. Provides Revenue Guidance for Third Quarter 2023 and for the Full Fiscal Year Ended June 2023

Lesaka Technologies, Inc. Announces Departure of Alex Smith as Chief Accounting Officer

Lesaka Technologies, Inc. to Report First Half, 2023 Results on Feb 07, 2023

High number of new and inexperienced directors

First quarter 2023 earnings released: US$0.17 loss per share (vs US$0.23 loss in 1Q 2022)

Lesaka Technologies, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2023

Lesaka Technologies, Inc. to Report Q1, 2023 Results on Nov 08, 2022

Lesaka Technologies, Inc., Annual General Meeting, Nov 16, 2022

Lesaka Technologies, Inc. Provides Group Earnings Guidance for the Year Ended June 30, 2023

Lesaka Technologies, Inc. Announces That Ian Greenstreet Will Not Stand for Re-Election At Next AGM

Full year 2022 earnings released: US$0.75 loss per share (vs US$0.67 loss in FY 2021)

Lesaka Technologies, Inc. Provides Revenue Guidance for the Three Months Ended September 2022

Lesaka Technologies, Inc. to Report Q4, 2022 Results on Sep 09, 2022

Third quarter 2022 earnings released: US$0.06 loss per share (vs US$0.11 loss in 3Q 2021)

High number of new and inexperienced directors

Net 1 UEPS Technologies, Inc. to Report Q3, 2022 Results on May 10, 2022

Net 1 UEPS Technologies, Inc. Appoints Steven J. Heilbron as a Director

Independent Non-Executive Director recently bought R911k worth of stock

Net 1 UEPS Technologies, Inc. Announces Board Changes

Second quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Group CEO & Director recently bought R5.3m worth of stock

Independent Non-Executive Director recently bought R11m worth of stock

Group CEO & Director recently bought R635k worth of stock

First quarter 2022 earnings released: US$0.23 loss per share (vs US$0.51 loss in 1Q 2021)

Full year 2021 earnings released: US$0.67 loss per share (vs US$1.71 loss in FY 2020)

Independent Non-Employee Chairman Jabulane Mabuza has left the company

Consultant has left the company

Third quarter 2021 earnings released: US$0.11 loss per share (vs US$0.77 loss in 3Q 2020)

Managing Director of Southern Africa has left the company

Managing Director of Southern Africa recently sold R1.5m worth of stock

Independent Non-Executive Director recently bought R13m worth of stock

Net 1 UEPS Technologies, Inc. Announces Resignation of Nunthakumarin Pillay as Managing Director: Southern Africa, Effective April 30, 2021

New 90-day high: R89.40

Independent Non-Employee Chairman recently bought R708k worth of stock

Second quarter 2021 earnings released: US$0.08 loss per share (vs US$0.052 loss in 2Q 2020)

Revenue misses expectations

New 90-day high: R76.03

Net 1 UEPS Technologies, Inc. to Report Q2, 2021 Results on Feb 04, 2021

New 90-day high: R59.47

Independent Non-Executive Director recently bought R5.6m worth of stock

Net 1 UEPS Technologies, Inc. Appoints Two New Directors to its Board

Revenue beats expectations