Merafe Resources Management
Management criteria checks 3/4
Merafe Resources' CEO is Zanele Matlala, appointed in Jun 2012, has a tenure of 12.5 years. total yearly compensation is ZAR18.27M, comprised of 31.4% salary and 68.6% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth ZAR4.09M. The average tenure of the management team and the board of directors is 10.2 years and 4 years respectively.
Key information
Zanele Matlala
Chief executive officer
R18.3m
Total compensation
| CEO salary percentage | 31.4% |
| CEO tenure | 12.5yrs |
| CEO ownership | 0.1% |
| Management average tenure | 10.2yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
Merafe Resources Limited's (JSE:MRF) Shares Bounce 27% But Its Business Still Trails The Market
Mar 30
We Think That There Are Issues Underlying Merafe Resources' (JSE:MRF) Earnings
Aug 17Should Shareholders Reconsider Merafe Resources Limited's (JSE:MRF) CEO Compensation Package?
May 11What Type Of Returns Would Merafe Resources'(JSE:MRF) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Mar 03What Type Of Shareholders Make Up Merafe Resources Limited's (JSE:MRF) Share Registry?
Feb 05
Should You Buy Merafe Resources Limited (JSE:MRF) For Its Dividend?
Dec 27Read This Before Selling Merafe Resources Limited (JSE:MRF) Shares
Nov 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | R1b |
| Mar 31 2024 | n/a | n/a | R2b |
| Dec 31 2023 | R18m | R6m | R2b |
| Sep 30 2023 | n/a | n/a | R2b |
| Jun 30 2023 | n/a | n/a | R2b |
| Mar 31 2023 | n/a | n/a | R1b |
| Dec 31 2022 | R13m | R6m | R1b |
| Sep 30 2022 | n/a | n/a | R2b |
| Jun 30 2022 | n/a | n/a | R2b |
| Mar 31 2022 | n/a | n/a | R2b |
| Dec 31 2021 | R7m | R5m | R2b |
| Sep 30 2021 | n/a | n/a | R1b |
| Jun 30 2021 | n/a | n/a | R534m |
| Mar 31 2021 | n/a | n/a | -R234m |
| Dec 31 2020 | R6m | R5m | -R1b |
| Sep 30 2020 | n/a | n/a | -R2b |
| Jun 30 2020 | n/a | n/a | -R2b |
| Mar 31 2020 | n/a | n/a | -R2b |
| Dec 31 2019 | R9m | R5m | -R1b |
| Sep 30 2019 | n/a | n/a | -R469m |
| Jun 30 2019 | n/a | n/a | R424m |
| Mar 31 2019 | n/a | n/a | R553m |
| Dec 31 2018 | R12m | R5m | R683m |
| Sep 30 2018 | n/a | n/a | R768m |
| Jun 30 2018 | n/a | n/a | R853m |
| Mar 31 2018 | n/a | n/a | R883m |
| Dec 31 2017 | R16m | R4m | R914m |
Compensation vs Market: Zanele's total compensation ($USD970.85K) is about average for companies of similar size in the ZA market ($USD747.49K).
Compensation vs Earnings: Zanele's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Zanele Matlala (61 yo)
12.5yrs
Tenure
R18,270,000
Compensation
Ms. Zanele Joyce Matlala, BCom, BCompt (Hons), CA (SA), has been Independent Non-Executive Chairperson and Director of Dipula Income Fund Limited since May 20, 2011 and 2005 respectively. She served as Ind...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 12.5yrs | R18.27m | 0.12% ZAR 4.1m | |
| Financial Director & Executive Director | 6.3yrs | R9.42m | 0.024% ZAR 845.9k | |
| Company Secretary | 10.2yrs | no data | no data |
10.2yrs
Average Tenure
61yo
Average Age
Experienced Management: MRF's management team is seasoned and experienced (10.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 19.9yrs | R18.27m | 0.12% ZAR 4.1m | |
| Financial Director & Executive Director | 6.3yrs | R9.42m | 0.024% ZAR 845.9k | |
| Independent Chairman | less than a year | no data | no data | |
| Independent Non-Executive Director | 6.4yrs | R517.00k | no data | |
| Lead Independent Director | 5.6yrs | R460.00k | no data | |
| Independent Non-Executive Director | 4yrs | R485.00k | no data | |
| Independent Non-Executive Director | 3.4yrs | R571.00k | no data | |
| Non-Executive Director | 3.4yrs | R394.00k | no data | |
| Non-Executive Director | 3.1yrs | R411.00k | no data |
4.0yrs
Average Tenure
57.5yo
Average Age
Experienced Board: MRF's board of directors are considered experienced (4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 09:08 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Management | 10 years |
| |
| 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 here.
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 .
Analyst Sources
Merafe Resources Limited is covered by 7 analysts. 1 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 |
|---|---|
| Andrew Snowdowne | BofA Global Research |
| J. Clark | Deutsche Bank |
| Anshul Gadia | HSBC |