Tongaat Hulett Limited announced the appointment of Ms. Louisa Stephens as an independent non-executive director to the Company and as a member of the Remuneration and Human Resources committee and the Risk, Capital and Investment committee, with effect from 15 July 2020. Ms. Stephens' career included roles at the National Empowerment Fund as fund manager, a former investment banker at Rand Merchant Bank. She was also a General Manager of the Investment and Finance Divisions of Nozala Investments, where she was a transactor and managed the BEE Investment Holding company's investment portfolio and entire finance and administration process of the group. Louisa was also Chief Investment Officer of Circle Capital Ventures. Ms. Stephens' impressive experience, qualifications and business acumen have seen her serve on the boards of directors of several prominent companies. She served on the boards of African Bank Group, BAIC Automobile (South Africa) Proprietary Limited, Afgri Limited, South Oceans Holdings Limited and a member of the Fund Management Investment Committee of the National Empowerment Fund. She is now a non-executive director at Multichoice Group Limited, Royal Bafokeng Platinum Limited and the Lead Independent at the Institute of Directors in Southern Africa NPC.