Santam Management
Management criteria checks 3/4
Santam's CEO is Tava Madzinga, appointed in Jul 2022, has a tenure of 3.25 years. total yearly compensation is ZAR23.37M, comprised of 34.2% salary and 65.8% bonuses, including company stock and options. directly owns 0.074% of the company’s shares, worth ZAR34.25M. The average tenure of the management team and the board of directors is 3 years and 4.3 years respectively.
Key information
Tava Madzinga
Chief executive officer
R23.4m
Total compensation
| CEO salary percentage | 34.23% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.07% |
| Management average tenure | 3yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
Santam (JSE:SNT) Has Announced A Dividend Of ZAR5.90
Sep 04
Do Santam's (JSE:SNT) Earnings Warrant Your Attention?
Aug 05Santam Ltd's (JSE:SNT) Price Is Out Of Tune With Earnings
Jul 10It Looks Like The CEO Of Santam Ltd (JSE:SNT) May Be Underpaid Compared To Peers
May 24Here's Why Santam (JSE:SNT) Has Caught The Eye Of Investors
May 03Santam (JSE:SNT) Will Pay A Larger Dividend Than Last Year At ZAR9.85
Mar 07Here's Why We Think Santam (JSE:SNT) Might Deserve Your Attention Today
Jan 22Santam Ltd's (JSE:SNT) Share Price Could Signal Some Risk
Dec 10Santam (JSE:SNT) Will Pay A Dividend Of ZAR5.35
Sep 01Santam Ltd's (JSE:SNT) Shareholders Might Be Looking For Exit
Jun 19Should You Be Adding Santam (JSE:SNT) To Your Watchlist Today?
Apr 10Santam (JSE:SNT) Will Pay A Dividend Of ZAR9.05
Mar 03Santam Ltd's (JSE:SNT) Shares May Have Run Too Fast Too Soon
Dec 29Is Now The Time To Put Santam (JSE:SNT) On Your Watchlist?
Oct 16Santam's (JSE:SNT) Upcoming Dividend Will Be Larger Than Last Year's
Sep 22Santam (JSE:SNT) Is Paying Out A Larger Dividend Than Last Year
Sep 06Santam Ltd's (JSE:SNT) Dismal Stock Performance Reflects Weak Fundamentals
Mar 19What Kind Of Shareholders Own Santam Ltd (JSE:SNT)?
Feb 18Did You Participate In Any Of Santam's (JSE:SNT) Respectable 86% Return?
Jan 28How Much Are Santam Ltd (JSE:SNT) Insiders Spending On Buying Shares?
Dec 21Should Weakness in Santam Ltd's (JSE:SNT) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Dec 02
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2025 | n/a | n/a | R4b |
| Mar 31 2025 | n/a | n/a | R4b |
| Dec 31 2024 | R23m | R8m | R4b |
| Jun 30 2024 | n/a | n/a | R3b |
| Mar 31 2024 | n/a | n/a | R3b |
| Dec 31 2023 | R17m | R7m | R3b |
| Jun 30 2023 | n/a | n/a | R3b |
| Mar 31 2023 | n/a | n/a | R2b |
| Dec 31 2022 | R17m | R5m | R2b |
Compensation vs Market: Tava's total compensation ($USD1.36M) is about average for companies of similar size in the ZA market ($USD1.51M).
Compensation vs Earnings: Tava's compensation has increased by more than 20% in the past year.
CEO
Tava Madzinga (46 yo)
Mr. Tavaziva Chadamoyo Madzinga, also known as Tava, serves as Group Managing Director at Britam Holdings Plc since February 01, 2021 and also serves as its Director since February 16, 2021. He has been an...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 3.3yrs | R23.37m | 0.074% ZAR 34.3m | |
| Group CFO | 2.3yrs | R9.75m | 0.052% ZAR 24.1m | |
| Chief Information Officer | less than a year | no data | no data | |
| Head of Investor Relations & Strategy | 2.8yrs | no data | no data | |
| Chief Legal Officer | 4.8yrs | no data | no data | |
| Executive Head of Human Capital | 2.8yrs | no data | no data | |
| Chief Commercial Officer | no data | no data | no data | |
| Chief Executive Officer of Santam Partner Solutions | less than a year | R612.18k | no data | |
| Head of Santam Reinsurance | no data | no data | no data | |
| Head of Market Development & Sustainability | 4.8yrs | no data | no data | |
| Chief Executive Officer of MiWay | 4.8yrs | no data | no data | |
| Chief Executive Officer of Santam Broker Solutions | 4.8yrs | no data | no data |
Experienced Management: SNT's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 3.5yrs | R23.37m | 0.074% ZAR 34.3m | |
| Group CFO | 2.3yrs | R9.75m | 0.052% ZAR 24.1m | |
| Independent Non-Executive Chairperson | 4.3yrs | R1.63m | no data | |
| Independent Non Executive Director | 2.3yrs | R858.00k | no data | |
| Independent Non-Executive Director | 8.7yrs | R1.70m | no data | |
| Non-Executive Director | 5.2yrs | R721.00k | no data | |
| Lead Independent Non-Executive Director | 5.8yrs | R2.32m | 0.0011% ZAR 503.3k | |
| Independent Non-Executive Director | 7.5yrs | R601.00k | 0.0047% ZAR 2.2m | |
| Non-Independent & Non-Executive Director | 4.9yrs | R790.00k | no data | |
| Non-Executive Director | 2.8yrs | R669.00k | no data | |
| Independent Non-Executive Director | 4.3yrs | R972.00k | no data | |
| Independent Non-Executive Director | 4.3yrs | R1.45m | no data |
Experienced Board: SNT's board of directors are considered experienced (4.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/29 06:03 |
| End of Day Share Price | 2025/10/29 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
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.
| 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 |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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
Santam Ltd is covered by 13 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 |
|---|---|
| Francois Du Toit | Anchor Stockbrokers Proprietary Limited |
| Warwick Bam | Avior Capital Markets |
| Robert Rice | Barclays |