Stakeholder Committee

Description:

The Stakeholder Committee is responsible for developing and overseeing the organisation’s professional relationships and partnerships with relevant industry stakeholders including but not limited to: public sector departments, private sector, financial institutions, industry associations, relevant bodies, academic institutions and SAIBPP members.

Activities

Business Briefings/Entrepreneurs Network:

Periodic workshop/briefing sessions hosted in partnership with specific stakeholders to discuss live business opportunities available within that company
A platform for assisting members to develop and expand their business networks

SAIBPP Business Directory & Enterprise Development Programme:

Online business directory portal aimed at directly linking black professionals with business opportunities in the private and public sector
Business support programme that aims to foster entrepreneurship and support aspiring or existing property entrepreneurs in growing and developing their businesses. In partnership with the EDPF (Enterprise Development Property Fund)
Corporate ED programme facilitation and partnerships

Composition of the Committee

• The Committee will be composed of a minimum of three (3) persons. One of these persons must be an ex-Officio member or Secretary of the Board. The Board will designate the Chairperson of the Committee, who shall be a Director.
• The Committee will be open. The presence of two members, including the Chairperson, shall be necessary to constitute a quorum at meetings of the Committee.

Appointment to the Committee

• Members will serve from appointment until the re-striking of the committee. Should a vacancy occur on the Committee, for whatever reason, the committee chairperson may appoint a qualified person to fill that vacancy for the remainder of the vacant position’s term.
• Committee members will be appointed for a 12-month term which is renewable annually should they still be willing to serve.
• Committee members are required to be SAIBPP Members in good standing
• Committee members are required to sign and adopt the code of conduct and be well-versed fait with the committee’s terms of reference, strategic objectives and activities.
• The Board may remove any member of the Committee.

Meetings

• The Committee shall meet by telephone or in person and shall be held fortnightly.
• Meetings will be called by the Chairperson and organised by the CEO.

Resources

• The Committee will receive the necessary resources from the CEO to fulfil its mandate, and may from time to time have staff persons or external suppliers assigned to assist the Committee with its work.

Finance & Risk Audit Committee

Description

The Finance & Risk Audit Committee is responsible for overseeing the financial activities of the organisation, monitoring and managing risks by implementing appropriate governance practices.

Key Duties

• Set targets, oversee and approve committee budgets and overall SAIBPP Budget
• Provide guidance to the board and advise on corporate governance matters
• Oversee and sign off the annual audited financial statements on behalf of the board
• Support the CEO and office staff in acquiring relevant documentation and certifications required to support the operations of the organisation

Meetings

• The Committee shall meet by telephone or in person and shall be held monthly.
• Meetings will be called by the Chairperson and organised by the CEO.

Composition of the Committee

• The Committee will be composed of a minimum of three (3) persons. One of these persons must be an ex-Officio member or Secretary of the Board. The Board will designate the Chairperson of the Committee, who shall be a Director. The committee may also recommend/propose a deputy chairperson.
• The Committee will be open. The presence of two members, including the Chairperson or Deputy Chairperson, shall be necessary to constitute a quorum at meetings of the Committee.
• Committee members are required to be SAIBPP Members in good standing
• The committee should comprise at least one qualified CA (SA)
• The SAIBPP Board secretary will be a standing member of this committee
• The committee will have the authority to co-opt external members to assist with executing the functions of the committee on an ad-hoc basis/as required. Those individuals are not required to be SAIBPP members (but it is preferable if they are)