The SABS exists as a public entity in terms of the Standards Act, 2008 (Act 8 of 2008), under the Executive Authority of the Department of Trade, Industry and Competition. In accordance with this Act, the Executive Authority (the Minister of Trade, Industry and Competition) is responsible for the appointment of the SABS Board.
This Act also makes provision for the appointment of the Chief Executive Officer as well as the employees of the SABS. To achieve its objectives, the SABS may perform, as far as it is consistent with the provisions of any Act of Parliament, such functions as the Minister of Trade, Industry and Competition may assign to the SABS.
The SABS Commercial SOC Ltd is a wholly-owned subsidiary of the SABS which houses the SABS’ conformity assessment services business and is funded through own revenue derived from services to customers.
In terms of Treasury Regulations, the SABS as a Schedule 3B Public Entity, must conclude an annual Shareholder's Performance Compact Agreement with its Executive Authority to document the mandated key performance objectives, measures, and indicators to be attained by the SABS as agreed between the two parties.
The Shareholder's Compact promotes our governance practices in the SABS by clarifying the roles and responsibilities of board and the Executive Authority, as well as ensuring agreement on the mandate and key objectives of the SABS.
Good corporate governance is critical to the success of any entity and the SABS fully subscribes to good corporate governance principles set out in the relevant legislative and policy prescripts.
SABS Board Members
Term Start:
1 December 2022
Term End:
30 November 2027
Committee:
Board Chairperson