Vunani Limited

JSE:VUN Stock Report

Market Cap: R323.4m

Vunani Management

Management criteria checks 2/4

Vunani's CEO is EG Dube, appointed in Apr 2023, has a tenure of 2.25 years. total yearly compensation is ZAR11.51M, comprised of 45.9% salary and 54.1% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth ZAR401.10K. The average tenure of the management team and the board of directors is 2.3 years and 11 years respectively.

Key information

EG Dube

Chief executive officer

R11.5m

Total compensation

CEO salary percentage45.92%
CEO tenure2.3yrs
CEO ownership0.1%
Management average tenure2.3yrs
Board average tenure11yrs

Recent management updates

Recent updates

Vunani Limited's (JSE:VUN) Popularity With Investors Is Under Threat From Overpricing

Oct 23
Vunani Limited's (JSE:VUN) Popularity With Investors Is Under Threat From Overpricing

Vunani Limited's (JSE:VUN) 34% Share Price Surge Not Quite Adding Up

Jul 19
Vunani Limited's (JSE:VUN) 34% Share Price Surge Not Quite Adding Up

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

Oct 09
Vunani's (JSE:VUN) Upcoming Dividend Will Be Larger Than Last Year's

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

May 28
Vunani (JSE:VUN) Has Announced That It Will Be Increasing Its Dividend To R0.14

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

Mar 11
Vunani Limited (JSE:VUN) Has Got What It Takes To Be An Attractive Dividend Stock

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

Dec 08
Vunani Limited's (JSE:VUN) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?

CEO Compensation Analysis

How has EG Dube's remuneration changed compared to Vunani's earnings?
DateTotal CompensationSalaryCompany Earnings
Feb 28 2025R12mR5m

-R12m

Nov 30 2024n/an/a

-R8m

Aug 31 2024n/an/a

-R4m

May 31 2024n/an/a

R5m

Feb 29 2024R10mR5m

R14m

Nov 30 2023n/an/a

R32m

Aug 31 2023n/an/a

R49m

May 31 2023n/an/a

R51m

Feb 28 2023R13mR5m

R52m

Nov 30 2022n/an/a

R55m

Aug 31 2022n/an/a

R58m

May 31 2022n/an/a

R60m

Feb 28 2022R12mR4m

R61m

Nov 30 2021n/an/a

R51m

Aug 31 2021n/an/a

R42m

May 31 2021n/an/a

R42m

Feb 28 2021R12mR4m

R41m

Aug 31 2020n/an/a

R72m

May 31 2020n/an/a

R63m

Feb 29 2020R9mR4m

R55m

Nov 30 2019n/an/a

R58m

Aug 31 2019n/an/a

R81m

May 31 2019n/an/a

R85m

Feb 28 2019R9mR4m

R89m

Compensation vs Market: EG's total compensation ($USD645.85K) is above average for companies of similar size in the ZA market ($USD355.65K).

Compensation vs Earnings: EG's compensation has increased whilst the company is unprofitable.

CEO

EG Dube (65 yo)

2.3yrs
Tenure
R11,506,000
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

NamePositionTenureCompensationOwnership
Ethan Dube
Founder2.3yrsR11.51m0.12%
ZAR 401.1k
Neil Anderson
Founding Partner & Executive Directorno dataR7.75m1.04%
ZAR 3.4m
Tafadzwa Mika
CFO & Executive Director8.6yrsR4.02m0.47%
ZAR 1.5m
Marten Banninga
Chief Executive Officer of Vunani Capital Marketsno dataR2.23mno data
David Hurford
Chief Executive Officer of Fairheadsno dataR5.60mno data
Shaun Naidoo
Chief Executive Officer of Vunani Corporate Financeno dataR2.77mno data
Michael Makate
Chief Executive Officer of Vunani Securitiesless than a yearR4.88mno data
David Takis
Chief Executive Officer of Oracle Life & Insureno dataR4.68mno data
Thabo Moipolai
Chief Executive Officer of Vunani Fund Managers Botswanano dataR2.81mno data
Butana Khoza
Founding Partner2.3yrsR7.75m0.53%
ZAR 1.7m
Inshaaf Ross
Head of Human Resourcesno datano datano data
2.3yrs
Average Tenure
55yo
Average Age

Experienced Management: VUN's management team is considered experienced (2.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ethan Dube
Founder5.3yrsR11.51m0.12%
ZAR 401.1k
Neil Anderson
Founding Partner & Executive Directorno dataR7.75m1.04%
ZAR 3.4m
Tafadzwa Mika
CFO & Executive Director8.6yrsR4.02m0.47%
ZAR 1.5m
Butana Khoza
Founding Partnerno dataR7.75m0.53%
ZAR 1.7m
Marcel Jonathan Golding
Non-Executive Director8.8yrsR474.00k0%
ZAR 0
Lionel Jacobs
Independent Non-Executive Chairman11.3yrsR582.00kno data
Sithembiso Mthethwa
Non-Executive Director10.7yrsR460.00kno data
Nambita Mazwi
Independent Non-Executive Director17.1yrsR486.00kno data
Gordon Nzalo
Independent Non-Executive Director15.7yrsR486.00kno data
John Macey
Independent Non-Executive Director15.7yrsR460.00kno data
11.0yrs
Average Tenure
61yo
Average Age

Experienced Board: VUN's board of directors are seasoned and experienced ( 11 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/17 06:48
End of Day Share Price 2025/07/17 00:00
Earnings2025/02/28
Annual Earnings2025/02/28

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Vunani Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullMerchantec (Proprietary) Limited