Governance Structure

Audit & Compliance Committee

Masimba has an Audit & Compliance committee that assists the board in fulfilling its duties. The committee liaises with the company’s internal and external auditors to review the degree of compliance with financial requirements, monitors the appropriateness of accounting policies and assesses the effectiveness of internal control systems.

Remuneration & Nomination Committee

The mandate of the Remuneration & Nomination committee is to set the remuneration of Executive Directors and to consider the appointment of new Directors and senior Executives before the final approval by the board. The committee ensures that rewards and incentives relate directly to the performance of the individuals, the operations and functions for which they are responsible and the company as a whole.