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VUN
VUN
VUN - Vunani - Appointment of Butana Khoza as managing director
VUNANI LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/020641/06)
JSE code: VUN
ISIN: ZAE000110359
("Vunani" or "the company")
APPOINTMENT OF BUTANA KHOZA AS MANAGING DIRECTOR
The board of directors of Vunani is pleased to announce the appointment of
executive director, Butana Khoza, as the company`s Managing Director with effect
from 16 March 2010.
Butana chairs the company`s property fund as well as its securities business and
has been with the company since its inception in 1998. He was a co-founder of
African Harvest Capital. Prior to Vunani, Butana worked in asset management at
Southern Life Association Ltd then at Futuregrowth.
Butana has shown exceptional leadership in advancing the growth and stability of
Vunani as a major force in asset management, property and investment banking. He
is considered an outstanding executive who will continue his dedication to
promoting the success of the company.
Ethan Dube, Vunani Chief Executive Officer said:
"On behalf of the Board of Vunani I congratulate Butana on his appointment. He
will support me in building Vunani to become South Africa`s pre-eminent mid-
sized financial services company, and will be specifically responsible for the
day to day management of the operating businesses."
Ethan Dube will retain his position as Group Chief Executive Officer of Vunani
Limited with responsibility for driving the groups overall strategic objectives.
Sandton
19 March 2010
Independent Designated Adviser
Grindrod Bank Limited
Joint Designated Adviser
Vunani Corporate Financ
Date: 19/03/2010 12:42:12 Produced by the JSE SENS Department.
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