The Board of Governors is responsible for maintaining
accounting records and preparing financial
statements in accordance with
South African Statements of GAAP. The auditors are responsible
for reporting on the fair presentation of the financial statements.
In addition, the Board of Governors
is also responsible for the Foundation's system of internal
financial control. These controls are designed to provide
reasonable assurance as to the reliability
of the financial statements; to safeguard, verify
and maintain accountability of the assets; and to prevent and
detect misstatement and loss.
The financial statements
are prepared on the going-concern basis, since the Board
of Governors has every reason to believe that the Foundation
has adequate resources in place to continue in operation for
the foreseeable future.
The Governors and Trustees are featured below:
Names
marked with an asterisk are trustees as well as board
members
|
Mr
Justice F Bam *
BA (Cape Town) BProc LLB (Unisa)
Hon LLD (Rhodes) President of Land Claims Court. Former
Chairman of Wits University Council 1996-1997. Chairman
Interim Council of the Nelson Mandela University. Trusteeships
include Project Literacy and Legal Resources Centre. |
|
Mr Michael
Bashe
BCompt Hons, CTA AdvTaxCert (Unisa), Professional
Master of Banking (Louisiana State University), Higher
Diploma in Financial Markets and Instruments. Managing
Director, Eskom Finance Co (Pty) Ltd. |
|
Mr AI Basserabie
BSc (Witwatersrand) FIA ASA FILPA, Strategic
business consultant, director of companies. Chairman
Torah Academy Scholarship Fund. Awards include
MRF Insurance Man of the Year - 1988, Jewish
Business Achiever of the Year - 1998, Institute
of Marketing Man of the Year - 1998. |
|
Mrs
E Bradley (C) *
BSc (OFS) MSc (Land), Executive
Chairman of Wesco Investments Ltd. Chairman of Toyota
SA (Pty) Limited. Director of Companies.
Chairperson of Trustees |
|
Mr
CB Brayshaw *
CTA (Witwatersrand) CA(SA) FICA (Eng,
Wales), former managing partner of Deloitte Pim Goldby,
and former Chairman of Deloitte and Touche. Non-executive
Chairman of Coronation Investments and Trading Limited
and a non-executive director of a number of companies
including Datatec Limited, Highveld Steel and Vanadium
Corporation Limited adn Johnnic Communications. |
|
Mr David C Brink
BSc(Eng), MSC(Eng) (Witwatersrand) CertBusAdmin (LSE)
GradDip Company Direction (GIMT) Hon DCom (UPE); Deputy
Chairman ABSA Group Ltd and ABSA Bank Ltd. Director
of BHP Billiton Ltd and plc, Sappi Ltd. Past Chairman
of Denel Ltd. Vice-President of the South African Institute
of Directors. Co-Chair of the Business Trust. Past
Director of Industrial Development Corporation, past
President of SEIFSA, Business South Africa and the
South Africa Foundation. Wits Business School Management
Excellence Award. Harvard University Business School "Statesman
of the Year" Award. |
|
Mrs Dolly
Mokgatle
B Proc (Unin) LLB HDip Tax Law (Witwatersrand), Executive
Director of the Peotona Group Holdings and Chairman
of Electricity Distributing Industry (EDI Holdings).
Deputy Chairman NERSA (National Energy Regulator of
South Africa), non-executive director of SASFIN Capital.
Board member of Ponahalo, one of the Peotona Investments.
Former Executive Director Transmission, Eskom. Former
member Potchefstroom University Council. |
|
Professor
Loyiso Nongxa *
BSc(Hons) (Fort Hare) DPhil (Oxon), Vice-Chancellor
and Principal of the University of the Witwatersrand.
First African in South Africa to be awarded a Rhodes
Scholarship. South African Harvard Fellow. Member of
Rhodes Scholarship Selection Committee. SAUVCA Research
Committee. |
|
Mr A Romanis
*
CA
(UK), former Managing Director and Vice Chairman of
Liberty Life Group. Director of companies. Among previous
directorships - Standard Bank Group, South African Breweries,
Liberty International plc. |
|
Prof BLW
Sparks
K StJ MB BCh(Witwatersrand) MFGP(SA) MRCG (UK),
FRCGP(Hon) Professor and Head of Department of Family
Medicine Wits Medical School. |
|
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| Annual Report 2005
Annual Report 2006
Annual Report 2007
Annual Report 2008
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In order to receive tax benefits, please make your gift direct to The University of the Witwatersrand Fund, Inc., New York – which has been established in accordance with the local tax authority to recieve donor funds.
For Board Members see [more] |
The Wits Foudation, UK is a charitable organisation that an receive donations from UK resident taxpayers, who can then reclaim tax at the basic rate, currently 22%. [more]
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