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Governance in Southern Africa

This event is part of the Governance around the world series of events. This series aims to equip investors and multi-national organizations with an understanding of national approaches to governance and prevailing imperatives.


This webinar discussed the corporate governance codes and reports which have been adopted in the Southern African region, the key influences shaping these codes and approaches taken. 

Governance in South Africa

Governance in Lesotho

Governance in Zimbabwe

Governance in Botswana

Governance in Namibia

Ansie Ramalho

Corporate Governance Specialist

Ansie Ramalho is a lawyer by training and an authority on corporate governance with both theoretical and applied knowledge on the topic. She consults, presents, trains and writes on the various aspects of corporate law, directors’ duties and governance. She believes that corporate governance can and should be harnessed for the benefit of the economy, society and the natural environment.

Ansie serves as a professional non-executive director and her current directorships include the boards of KPMG South Africa and The South African National Blood Service NPC. She has been conferred the Chartered Director (SA) designation by the Institute of Directors South Africa (IoDSA).

She regularly facilitates training on corporate governance and company law for the IoDSA and the Johannesburg Stock Exchange Sponsorship Development Programme offered by KAR. In addition, Ansie provides corporate governance consulting and advisory services on an ad hoc-basis to the International Finance Corporation (IFC), a subsidiary of the World Bank – working predominantly in sub-Sahara Africa. Her more recent IFC assignments involved reviewing the code of corporate governance for the Rwanda Capital Market Authority and the drafting of listings requirements pertaining to corporate governance for the Ghana Stock Exchange.

Ansie is a member of a number of technical committees, including the King Committee on Corporate Governance for South Africa and the Integrated Reporting Committee of South Africa. She is also the appointed examiner for the Chartered Director designation of the IoDSA. Ansie is also certified as a results coach.

From August 2014 to November 2016 Ansie was the appointed King IV Project Lead with responsibility for the successful finalisation of the King IV Report on Corporate Governance for South Africa, 2016. This role involved the design of the project and its governance structures, oversight of project implementation, stakeholder engagement and the drafting of the King IV Report.

Ansie’s prior positions include being the Chief Executive of the IoDSA from 2010 to 2014. Before joining the IoDSA, Ansie cut her business teeth at KPMG in the corporate restructuring and recovery environment with assignments that included the Saambou Bank receivership and Kebble insolvency. Ansie played a key role in respect of both. The experience on business failure was applied with much fruit when she later took up the position as a dedicated corporate governance specialist

Chaka Nkofo

Past Chief Executive Officer, Institute of Directors Lesotho

As a leading business executive and thought leader, Chaka has worked with some of Lesotho’s finest socio-economic improvement organisations, across diverse portfolio’s (construction, real estate, trade and investment, development finance, services, manufacturing, petroleum and energy) in both Executive and Non-Executive Director roles. With fifteen years corporate experience, his depth of commercial exposure extends to all functions within a corporation structure including: operations; project management; strategic human capital development; corporate social investment; strategic financial management; planning and research; technology governance; governance, risk and compliance (GRC).

Chaka is a practicing specialist consultant and trainer in the areas of corporate governance, compliance and risk; infrastructure development and management. He is an MBA Construction and Real Estate Candidate at the University College of Estate Management in Reading UK. He holds various qualifications including a BSc. Property Development from the University of KwaZulu-Natal, Project Management Diploma (*Distinction). He has completed several programmes including a Senior Management Development Programme from the University of Stellenbosch Business School, Board Leadership programme from Gordon Institute of Business Science (GIBS). Chaka has also been conferred with a Chartered Director CD (SA) designation by the Institute of Directors South Africa (IODSA).

Moreover, Chaka has successfully commissioned assignments ranging from advisory services, consultancy to training interventions on several boards in Lesotho and the SADC region, which comprises: Board Inductions; Board Performance Evaluations; Organizational Compliance Universe Framework; Risk Assessment and Management; Strategy formulation and execution (including policy development). His most recent roles include: Chief Executive – Institute of Directors Lesotho (2021-2022); Institute of Directors Lesotho – Quality Assurance Committee Member (2019-2020) in the development of Lesotho’s unique corporate governance code, “Mohlomi Corporate Governance Code”. The Quality Assurance Committee was responsible for validation and alignment of the governance code in line with globally acclaimed corporate governance best practices.

Presently, Chaka is the Chairman of Ahava Investments and Founding Director. He is currently leading the Governance and Infrastructure Development Practices as Managing Director and Principal Consultant.

Kangai Maukazuva

Chair, Institute of Directors Zimbabwe

Kangai is a seasoned ICT & Telecoms,Media, Fintech, and Digital practitioner with over 25 years of experience across multiple sectors and markets. 


He is an astute entrepreneurial business professional with a solid technology and innovation background having worked in telecoms in senior positions. Kangai has a wealth of experience in leadership and board levels and currently sits on various boards including the Institute of Directors. 


He recently occupied the roles of Chief Operating Officer and Chief Technology Officer for 9 years, and has left to pursue other business interests. 


He is studying towards a Doctorate degree in Business Leadership with Midlands State University (MSU) and holds a Master’s degree in Business Administration from Africa University (AU) and a Post Graduate Diploma in Executive Management from the University of Zimbabwe (UZ). 


Kangai has a passion in strategy, digital transformation, innovation, ethical leadership and good governance.

Tsametse Mmolai

Head of Listings and Trading, Botswana Stock Exchange

Tsametse is an experienced Capital Markets practitioner with a demonstrated history of working in the financial services industry and capital markets regulation.


He has a strong corporate finance professional skilled with strong Analytical Skills and specific experience in listed Securities regulation, Asset Management, and Customer services.


Tsametse joined the Botswana Stock Exchange in 2008 following an internship at Värde Partners.


Tsametse has a Bachelor of Commerce, Finance, from Macquarie University, and certificate in Business, Business Administration and Management from the the Sydney Institute of Business and Technology. He has completed several programmes including Compliance Management from the University of Cape Town, the Management Development Programme and Executive Development Programme from the University of Stellenbosch, and Capital Markets Programme from The George Washington University.

Tiaan Bazuin

Chief Executive Officer, Namibian Stock Exchange

Tiaan Bazuin has a B.Comm (Economics + Law) and an LLB degree from the North West University in South Africa.


He was admitted as Legal Practitioner in the High Court of Namibia in 2006 with broad management experience in banking, telecommunications and capital markets.


Tiaan has been the Chief Executive officer of the Namibian Stock Exchange since 2013 and has served on various Boards including Chairman of the Namibian Employers Association.


Tiaan currently serves as Chairman of the Audit and Risk Committee of the Law Society of Namibia and a Board member of the Legal Practitioners Fidelity Fund.


Tiaan is a co-author of the Namibian Corporate Governance Code “NamCode”.

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