A flurry of Sens announcements on 21 and 22 April 2026 has revealed significant changes across major South African and international boards, ranging from strategic committee formations to the loss of veteran leadership.
Cell C Holdings
Cell C Holdings has announced the constitution of a new Investment and Special Transactions Committee, effective 1 May 2026. Chaired by Godfrey Motsa, the committee includes Sindi Zilwa, Jerry Vilakazi, and Joe Mthimunye.
Its primary mandate is to review and approve material capital allocation proposals, acquisitions, and investments that significantly impact the company’s capital structure and long-term shareholder value.
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Executive shifts at OUTsurance and Afrimat
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OUTsurance Group is preparing for a transition in its financial leadership following the resignation of group CFO and financial director Jan Hofmeyr, who is leaving to join a new fintech venture. Hofmeyr, who served the group for 18 years, will remain until 2 October 2026 to oversee the financial year-end process.
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He will be succeeded on 3 October by Francois van Rooyen, currently the CFO of OUTsurance South Africa, subject to regulatory approval.
Meanwhile, Afrimat has advised shareholders of the resignation of independent non-executive director Jacques Breytenbach, effective 21 April 2026. Breytenbach has stepped down to pursue an alternative opportunity within the mining industry.
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Governance appointments at Labat Africa and Shaftesbury Capital
Labat Africa issued a correction announcement confirming new leadership for its key governance roles as of 20 April 2026. Farook Paruk has been appointed as chairperson of the Audit and Risk Committee, while Mosibudi Bodirwa, who has served as interim chair since March 2025, has been officially confirmed as chair of the board of directors.
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On the international front, Shaftesbury Capital plc announced that Rachel Kentleton will join the board as an independent non-executive director and chair of the audit committee following the company’s AGM on 14 May 2026. She succeeds Ruth Anderson, who is retiring from the board.
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In memoriam: Naspers mourns Steve Pacak
Finally, Naspers Limited announced with “great sadness” the passing of non-executive director Steve Pacak. Pacak’s career with the group spanned nearly four decades, including a tenure as financial director until 2014. Naspers chair Koos Bekker described him as a “key mover” in the group’s development, citing his business acumen and honesty as invaluable assets to the company.
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