Board of Trustees

Moses Mashishi

loveLife Chairman
Mr Mashishi has a number of high-profi le executive leadership roles in prominent organisations, including Founder of Matemeku Group, CEO of Moribo Leisure Limited, Johannesburg World Summit of Sustainable Development, South African Tourism, and
President of SASCOC.

 

Basetsana Kumalo

loveLife Vice Chair
Philanthropist and successful business woman.

Theodora Steele

Trustee
Organising Secretary of COSATU, former Vice President of SACTWU and HIV/AIDS prevention strategist and campaigner.

Shaka Sisulu

Trustee
CEO of iKGB Media Information Services and founding member of youth based volunteer organisation, Cheesekids for Humanity. Mr Sisulu is also Chair and Deputy Chair of other Boards.

Nkosinathi Biko

Chair: Programmes Strategy Subcommittee
CEO and founding Board Member of the Steve Biko Foundation, author, speaker and successful businessman.

Zwelifikile Mhlontlo

Chair: Governance, Audit and Risk Subcommittee
Mr Mhlontlo is Group Financial Director for Denel. He serves in loveLife’s Audit and Risk Subcomittee.

Fikile Mhlontlo is one of the two Executive Directors serving in the Denel Board and has over 15 years of leadership experience including in corporate governance, driving significant business issues, business development as well as strategy formulation or direction.

 

Mandla Sibeko

Trustee
Founding member of various companies and successful businessman. Recipient of Black Business Quarterly’s New Entrepreneur of the Year award.

Boitumelo Hlongwane

Trustee
Tumi Hlongwane is a qualified Chartered Accountant (SA) with extensive experience in the financial services and capital markets. She completed her Bachelor of Commerce (Financial Accounting) and Higher Diploma in Accounting at Wits University.

 

Pulane Kingston

Trustee
Pulane Kingston’s expertise in the private sector covers both legal and business management aspects of business. She has also developed excellent relationships within regional governments and the investor community across sub-Saharan Africa.

 

Corporate Governance

gogoboyNew loveLife Trust is governed by a Board of Trustees and is regulated by the Non-Profit Organisations Act No. 71 of 1997 and the Trust Property Control Act 57 of 1988. loveLife is committed to complying with the recommended practice of good corporate governance in line with the King lll Report.

The Board of Trustees is committed to acting in good faith, in the best interest of the trust and with the required level of due diligence. As a good corporate organisation, loveLife is committed to ethical leadership and to ensuring that sustainability and accountability are a cornerstone of working within South African communities to achieve economic, financial, social and environmental well-being. The Board features a host of high profile business men and women, academics and media personalities who help to steer the organisation’s multifaceted purpose of educating young people to value themselves, their bodies and their futures in the drive to stay HIV free.

The board is chaired by Moses Mashishi. He is supported by Basetsana Kumalo as Vice Chairperson. The board ensures that an adequate and effective process of corporate governance is established and maintained. It provides strategic leadership and ensures that loveLife’s objectives are met. In executing this mandate, the board has set up a framework that includes a delegation of authority to the Chief Executive Officer, supported by the trust’s internal policies. loveLife’s day to day governance is the responsibility of the organisation’s management team which regularly reports to the various subcommittees of the board.

The board has four (quarterly) scheduled board meetings annually. It has also established and delegated specific roles and responsibilities to five standing committees (see below). All committees are chaired by an independent non-executive director. Each committee’s roles and responsibilities are in accordance with the terms of reference/charter approved by the board. These charters are reviewed annually to ensure they remain in line with relevant legislation and regulation as well as remain in line with best practice in corporate governance.

Committee Name Status
Remunerations and Personnel Sub-Committee Moses Mashishi Chairperson
Basetsana Kumalo Deputy Chairperson
Governance, Audit and Risk Sub-Committee Zwelifikile Mhlontlo Chairperson
Boitumelo Hlongwane Member
Fundraising Sub-Committee Moses Mashishi Chairperson
Basetsana Kumalo Deputy Chairperson
Mandla Sibeko Member
Programmes Sub-Committee Nkosinathi Biko Chairperson

The New loveLife Trust is regulated by the Non-Profit Organisations Act No.71 of 1997 as well as the Trust Property Control Act 57 of 1988. The organisation is overseen by a Board of Trustees who provide ethical and effective leadership.

It’s our sound corporate governance that has built our reputation and trust over the years, enabling us to source funding and recruit esteemed South African business people and leaders to serve on our Board. Solid internal policies and good governance are key reasons loveLife has achieved so much since our inception in 1999.

loveLife’s EXCO management team, headed up by our CEO, is responsible for the day-to-day execution of loveLife’s mandate to serve as a platform for young people, activists and partners, to build a better future.

The EXCO management team report regularly to the three subcommittees of the Board: Audit and Risk, Personnel and Remunerations and Fundraising. All committees are chaired by an independent non-executive director.

Each committee’s roles and responsibilities are performed in accordance with a Charter approved by the Board. These are reviewed annually to ensure they remain in line with relevant legislation and regulation and comply with best practice in corporate governance.

Subcommittees of the Board

Audit and Risk Subcommittee

This subcommittee is responsible for:

  • The overall audit process; Systems of internal control; Risk management; Review of processes for monitoring compliance with laws; Financial sustainability.

Personnel and Remunerations Subcommittee

This subcommittee is responsible for:

  • Setting and monitoring loveLife’s remuneration strategy and policy of fair reward practices; Approving individual remuneration packages and terms of employment; Overseeing incentive schemes, including designing and setting performance conditions for annual reviews.

Fundraising Subcommittee

This subcommittee is responsible for:

  • Setting fund raising policies and a workable target for the organisation; Developing a strategic fundraising plan; Identifying specific, potential sources of funds; Monitoring administrative systems to track contributions and users.