Thungela Resources Limited

JSE:TGA Stock Report

Market Cap: R9.9b

Thungela Resources Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Moses Madondo

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureno data
CEO ownershipn/a
Management average tenureless than a year
Board average tenure4.7yrs

Recent management updates

Recent updates

Thungela Resources (JSE:TGA) Hasn't Managed To Accelerate Its Returns

Aug 20
Thungela Resources (JSE:TGA) Hasn't Managed To Accelerate Its Returns
User avatar

Ensham Production Upgrades Will Increase Output, But Future Margins May Face Pressure From Rising Costs

Production upgrades and life extension projects are set to boost revenue and enhance long-term competitiveness through increased availability and stable future earnings.

CEO

Moses Madondo

no data
Tenure

Mr. Moses Madondo has been Chief Executive Officer of Thungela Resources Limited since November 1, 2025 and serves as its Executive Director since September 5, 2025. He was Senior Vice President of South A...


Leadership Team

NamePositionTenureCompensationOwnership
Gideon Smith
CFO & Executive Director8.3yrsR28.73m0.13%
ZAR 12.8m
Johan Van Schalkwyk
Chief Operations Officerno dataR23.56mno data
Leslie Martin
Executive Head of Technicalno dataR21.41mno data
Bernard Dalton
Executive Head of Marketing4.6yrsR19.70mno data
Lesego Mataboge
Executive Head of Human Resourcesno dataR16.05mno data
July Ndlovu
Executive Directorless than a yearR59.79m0.49%
ZAR 49.1m
Mpumi Sithole
Executive Head of Corporate Affairsno dataR15.90mno data
Moses Madondo
CEO & Executive Directorno datano datano data
Hugo Nunes
Head of Investor Relationsno datano datano data
Dan Reynolds
Executive Head of Australialess than a yearno datano data
Altovise Ellis
Company Secretary1yrno datano data
Ryan Africa
Investor Relations Contactno datano datano data
0.9yrs
Average Tenure
52yo
Average Age

Experienced Management: TGA's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Gideon Smith
CFO & Executive Director8.3yrsR28.73m0.13%
ZAR 12.8m
July Ndlovu
Executive Director9.2yrsR59.79m0.49%
ZAR 49.1m
Moses Madondo
CEO & Executive Directorless than a yearno datano data
Seamus French
Independent Non-Executive Director4.4yrsR1.18m0.024%
ZAR 2.4m
Thomas McKeith
Independent Non-Executive Director1.1yrsR305.88kno data
Sango Ntsaluba
Independent Non-Executive Chairman4.8yrsR1.71m0.0029%
ZAR 285.5k
Benjamin Kodisang
Lead Independent Director4.7yrsR1.19mno data
Kholeka Mzondeki
Independent Non-Executive Director4.8yrsR1.27m0.00061%
ZAR 60.7k
Yoza Jekwa
Independent Non-Executive Director3.3yrsR1.27mno data
4.7yrs
Average Tenure
58.5yo
Average Age

Experienced Board: TGA's board of directors are considered experienced (4.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/16 12:45
End of Day Share Price 2025/11/14 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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

Thungela Resources Limited is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Herbert KharivheAbsa Bank Limited
Ephrem RaviCitigroup Inc
Brian MorganMorgan Stanley