Vunani Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

EG Dube

Chief executive officer

R12.9m

Total compensation

CEO salary percentage	36.5%
CEO tenure	less than a year
CEO ownership	0.1%
Management average tenure	less than a year
Board average tenure	9.7yrs

Recent management updates

Recent updates

Vunani's (JSE:VUN) Upcoming Dividend Will Be Larger Than Last Year's

Oct 09

Vunani (JSE:VUN) Has Announced That It Will Be Increasing Its Dividend To R0.14

May 28

Vunani Limited (JSE:VUN) Has Got What It Takes To Be An Attractive Dividend Stock

Mar 11

Vunani Limited's (JSE:VUN) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?

Dec 08

CEO Compensation Analysis

How has EG Dube's remuneration changed compared to Vunani's earnings?
Date	Total Compensation	Salary	Company Earnings
Aug 31 2023	n/a	n/a	R49m
May 31 2023	n/a	n/a	R50m
Feb 28 2023	R13m	R5m	R52m
Nov 30 2022	n/a	n/a	R55m
Aug 31 2022	n/a	n/a	R58m
May 31 2022	n/a	n/a	R60m
Feb 28 2022	R12m	R4m	R61m
Nov 30 2021	n/a	n/a	R51m
Aug 31 2021	n/a	n/a	R42m
May 31 2021	n/a	n/a	R42m
Feb 28 2021	R12m	R4m	R41m
Aug 31 2020	n/a	n/a	R72m
May 31 2020	n/a	n/a	R63m
Feb 29 2020	R9m	R4m	R55m
Nov 30 2019	n/a	n/a	R58m
Aug 31 2019	n/a	n/a	R81m
May 31 2019	n/a	n/a	R85m
Feb 28 2019	R9m	R4m	R89m
Nov 30 2018	n/a	n/a	R72m
Aug 31 2018	n/a	n/a	R55m
May 31 2018	n/a	n/a	R49m
Feb 28 2018	R8m	R4m	R42m

Compensation vs Market: EG's total compensation ($USD675.77K) is above average for companies of similar size in the ZA market ($USD319.38K).

Compensation vs Earnings: EG's compensation has been consistent with company performance over the past year.

CEO

EG Dube (63 yo)

less than a year

Tenure

R12,852,000

Compensation

Mr. Ethan Gilbert Dube, also known as EG, serves as Executive Deputy Chairman at Vunani Limited since April 01, 2020 and serves as its Group Chief Executive Officer since April 13, 2023. Mr. Dube founded V...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ethan Dube	Founder	less than a year	R12.85m	0.11% ZAR 336.4k
Neil Anderson	Founding Partner & Executive Director	no data	R8.66m	0.56% ZAR 1.8m
Tafadzwa Mika	Executive Director & CFO	7.3yrs	R4.40m	0.35% ZAR 1.1m
Butana Khoza	Founding Partner	less than a year	R8.66m	0.35% ZAR 1.1m
Inshaaf Ross	Head of Human Resources	no data	no data	no data

1.0yrs

Average Tenure

56yo

Average Age

Experienced Management: VUN's management team is not considered experienced ( 1 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Ethan Dube	Founder	4yrs	R12.85m	0.11% ZAR 336.4k
Neil Anderson	Founding Partner & Executive Director	no data	R8.66m	0.56% ZAR 1.8m
Tafadzwa Mika	Executive Director & CFO	7.3yrs	R4.40m	0.35% ZAR 1.1m
Butana Khoza	Founding Partner	no data	R8.66m	0.35% ZAR 1.1m
Marcel Jonathan Golding	Non-Executive Director	7.5yrs	R311.00k	18.94% ZAR 60.4m
Lionel Jacobs	Independent Non-Executive Chairman	10yrs	R460.00k	0.021% ZAR 66.3k
Sithembiso Mthethwa	Non-Executive Director	9.4yrs	R305.00k	no data
Nambita Mazwi	Independent Non-Executive Director	15.8yrs	R334.00k	no data
Gordon Nzalo	Independent Non-Executive Director	14.4yrs	R322.00k	no data
John Macey	Independent Non-Executive Director	14.4yrs	R344.00k	no data

9.7yrs

Average Tenure

59yo

Average Age

Experienced Board: VUN's board of directors are considered experienced (9.7 years average tenure).

Vunani Management

Management criteria checks 2/4

Key information

Recent management updates

Founder recently bought R280k worth of stock

Vunani Limited, Annual General Meeting, Jul 27, 2023

Founder & Executive Deputy Chairman exercised options to buy R535k worth of stock.

Less than half of directors are independent

Vunani Limited, Annual General Meeting, Jul 28, 2022

Less than half of directors are independent

Recent updates

Investor sentiment deteriorates as stock falls 25%

New minor risk - Financial data availability

Upcoming dividend of R0.09 per share at 7.1% yield

New minor risk - Earnings quality

Vunani Limited Declares Dividend, Payable on November 27, 2023

Founder recently bought R280k worth of stock

Vunani Limited, Annual General Meeting, Jul 27, 2023

Upcoming dividend of R0.11 per share at 7.4% yield

Full year 2023 earnings released: EPS: R0.33 (vs R0.38 in FY 2022)

Founder & Executive Deputy Chairman exercised options to buy R535k worth of stock.

Less than half of directors are independent

Upcoming dividend of R0.09 per share

Vunani's (JSE:VUN) Upcoming Dividend Will Be Larger Than Last Year's

First half 2023 earnings released: EPS: R0.20 (vs R0.22 in 1H 2022)

Vunani Limited, Annual General Meeting, Jul 28, 2022

Upcoming dividend of R0.14 per share

Vunani (JSE:VUN) Has Announced That It Will Be Increasing Its Dividend To R0.14

Vunani Limited Provide Earnings Guidance for the Year Ended February 28, 2022

Vunani Limited to Report Fiscal Year 2022 Results on May 25, 2022

Less than half of directors are independent

Founder & Executive Deputy Chairman recently sold R500k worth of stock

Upcoming dividend of R0.065 per share

First half 2022 earnings released: EPS R0.22 (vs R0.21 in 1H 2021)

Upcoming dividend of R0.075 per share

Full year 2021 earnings released: EPS R0.26 (vs R0.22 in FY 2020)

Vunani Limited Provides Earnings Guidance for the Year Ended 28 February 2021

Vunani Limited (JSE:VUN) Has Got What It Takes To Be An Attractive Dividend Stock

Investor sentiment improved over the past week

New 90-day low: R2.01

New 90-day high: R2.75

Upcoming Dividend of R0.05 Per Share

Vunani Limited's (JSE:VUN) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?

Vunani Limited, Annual General Meeting, Jan 11, 2021

New 90-day low: R2.38

Vunani Limited to Report Fiscal Year 2020 Results on Jun 30, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age