Merafe Resources Management

Management criteria checks 2/4

Merafe Resources' CEO is Zanele Matlala, appointed in Jun 2012, has a tenure of 12.67 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 ZAR4.36M. The average tenure of the management team and the board of directors is 10.3 years and 4.2 years respectively.

Key information

Zanele Matlala

Chief executive officer

R18.3m

Total compensation

CEO salary percentage31.4%
CEO tenure12.7yrs
CEO ownership0.1%
Management average tenure10.3yrs
Board average tenure4.2yrs

Recent management updates

Recent updates

Merafe Resources Limited's (JSE:MRF) Shares Bounce 27% But Its Business Still Trails The Market

Mar 30
Merafe Resources Limited's (JSE:MRF) Shares Bounce 27% But Its Business Still Trails The Market

We Think That There Are Issues Underlying Merafe Resources' (JSE:MRF) Earnings

Aug 17
We Think That There Are Issues Underlying Merafe Resources' (JSE:MRF) Earnings

Should Shareholders Reconsider Merafe Resources Limited's (JSE:MRF) CEO Compensation Package?

May 11
Should Shareholders Reconsider Merafe Resources Limited's (JSE:MRF) CEO Compensation Package?

What Type Of Returns Would Merafe Resources'(JSE:MRF) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Mar 03
What Type Of Returns Would Merafe Resources'(JSE:MRF) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

What Type Of Shareholders Make Up Merafe Resources Limited's (JSE:MRF) Share Registry?

Feb 05
What Type Of Shareholders Make Up Merafe Resources Limited's (JSE:MRF) Share Registry?

Should You Buy Merafe Resources Limited (JSE:MRF) For Its Dividend?

Dec 27
Should You Buy Merafe Resources Limited (JSE:MRF) For Its Dividend?

Read This Before Selling Merafe Resources Limited (JSE:MRF) Shares

Nov 30
Read This Before Selling Merafe Resources Limited (JSE:MRF) Shares

CEO Compensation Analysis

How has Zanele Matlala's remuneration changed compared to Merafe Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

R1b

Mar 31 2024n/an/a

R2b

Dec 31 2023R18mR6m

R2b

Sep 30 2023n/an/a

R2b

Jun 30 2023n/an/a

R2b

Mar 31 2023n/an/a

R1b

Dec 31 2022R13mR6m

R1b

Sep 30 2022n/an/a

R2b

Jun 30 2022n/an/a

R2b

Mar 31 2022n/an/a

R2b

Dec 31 2021R7mR5m

R2b

Sep 30 2021n/an/a

R1b

Jun 30 2021n/an/a

R534m

Mar 31 2021n/an/a

-R234m

Dec 31 2020R6mR5m

-R1b

Sep 30 2020n/an/a

-R2b

Jun 30 2020n/an/a

-R2b

Mar 31 2020n/an/a

-R2b

Dec 31 2019R9mR5m

-R1b

Sep 30 2019n/an/a

-R469m

Jun 30 2019n/an/a

R424m

Mar 31 2019n/an/a

R553m

Dec 31 2018R12mR5m

R683m

Compensation vs Market: Zanele's total compensation ($USD977.97K) is above average for companies of similar size in the ZA market ($USD692.44K).

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)

12.7yrs

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. Ms. Matlala serve...


Leadership Team

NamePositionTenureCompensationOwnership
Zanele Matlala
CEO & Executive Director12.7yrsR18.27m0.12%
ZAR 4.4m
Ditabe Chocho
Financial Director & Executive Director6.5yrsR9.42m0.024%
ZAR 900.6k
William Somerville
Company Secretary10.3yrsno datano data

10.3yrs

Average Tenure

61yo

Average Age

Experienced Management: MRF's management team is seasoned and experienced (10.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Zanele Matlala
CEO & Executive Director20.1yrsR18.27m0.12%
ZAR 4.4m
Ditabe Chocho
Financial Director & Executive Director6.5yrsR9.42m0.024%
ZAR 900.6k
Ditshebo Phiri
Independent Chairman1yrno datano data
Matsotso Vuso
Independent Non-Executive Director6.6yrsR517.00kno data
Jeffery Mclaughlan
Lead Independent Director5.8yrsR460.00kno data
Katlego Tlale
Independent Non-Executive Director4.2yrsR485.00kno data
Nonhlanhla Mabusela-Aikhuere
Independent Non-Executive Director3.6yrsR571.00kno data
David McGluwa
Non-Executive Director3.6yrsR394.00kno data
Daniel Green
Non-Executive Director3.3yrsR411.00kno data

4.2yrs

Average Tenure

57.5yo

Average Age

Experienced Board: MRF's board of directors are considered experienced (4.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/01 05:48
End of Day Share Price 2025/01/31 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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 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

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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.

AnalystInstitution
Andrew SnowdowneBofA Global Research
J. ClarkDeutsche Bank
Anshul GadiaHSBC