Reunert Limited Appoints Tumeka Ramuedzisi as an Independent Non-Executive Director, Member of the Audit Committee, and the Social, Ethics and Transformation Committee, Effective from 1 April 2018
March 05, 2018 at 03:00 pm EST
Share
The board of directors of Reunert Limited announced that the appointment of Ms. Tumeka Ramuedzisi to the Board as an independent non-executive director, effective from 1 April 2018. She will also serve as a member of the Audit Committee, and the Social, Ethics and Transformation Committee. Among other positions, Tumeka is an independent trustee of the National Lotteries Participants Trust and an independent member of the Audit and Risk Committee of the Financial and Fiscal Commission.
Reunert Limited is a diversified group organized around 3 areas of activity:
- electric engineering services (51.9% of net sales): design, manufacturing, installation and maintenance of electric cables, fiber optics, transformers, low, medium and high voltage switching systems, etc. primarily for the public services, mining industry and real estate construction sectors;
- telecommunication services (22.2%): design and development of office solutions and vocal communication systems, and networking of data for professionals, individuals, government administrations and parastatal companies;
- design and manufacturing of defense systems and equipment (25.8%): communication tactic systems, terrestrial and naval research systems, fuses, artillery products, etc.;
- other (0.1%).
Net sales are distributed geographically as follows: South Africa (70.8%), Africa (15.1%), Asia (5.6%), Europe (4.9%), Australia (1.9%) and Americas (1.7%).
Reunert Limited Appoints Tumeka Ramuedzisi as an Independent Non-Executive Director, Member of the Audit Committee, and the Social, Ethics and Transformation Committee, Effective from 1 April 2018