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 ZAR3.50M. 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 percentage | 31.4% |
| CEO tenure | 12.7yrs |
| CEO ownership | 0.1% |
| Management average tenure | 10.3yrs |
| Board average tenure | 4.2yrs |
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 |
Compensation vs Market: Zanele's total compensation ($USD994.71K) is above average for companies of similar size in the ZA market ($USD707.89K).
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 12.7yrs | R18.27m | 0.12% ZAR 3.5m | |
| Financial Director & Executive Director | 6.5yrs | R9.42m | 0.024% ZAR 724.2k | |
| Company Secretary | 10.3yrs | no data | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 20.1yrs | R18.27m | 0.12% ZAR 3.5m | |
| Financial Director & Executive Director | 6.5yrs | R9.42m | 0.024% ZAR 724.2k | |
| Independent Chairman | 1yr | no data | no data | |
| Independent Non-Executive Director | 6.6yrs | R517.00k | no data | |
| Lead Independent Director | 5.8yrs | R460.00k | no data | |
| Independent Non-Executive Director | 4.2yrs | R485.00k | no data | |
| Independent Non-Executive Director | 3.6yrs | R571.00k | no data | |
| Non-Executive Director | 3.6yrs | R394.00k | no data | |
| Non-Executive Director | 3.3yrs | R411.00k | no 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 18:36 |
| End of Day Share Price | 2025/02/14 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 |
|
* 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
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 |