Sibusiso Luthuli was appointed to the Board on July 29, 2005. Mr Luthuli is the managing director of Ithala Limited, a position he was appointed to in July 2004. Prior to that he was finance director of Ithala Limited from January 2004 to June 2004. Other positions Mr Luthuli held include that of executive manager at Nedbank Corporate from April 2000 to December 2003. He is nonexecutive chairman of Enaleni Pharmaceuticals Limited, chairman of the University of KwaZulu Natal Audit Committee, a member of the University of KwaZulu Natal Council, director of Richards Bay IDZ company and member of Thekweni Municipality Audit Committee. Mr Luthuli holds a Bachelor of Commerce degree from the University of Zululand, a post-graduate diploma in Accountancy from the University of Durban Westville, and is a Chartered Accountant. |