1. Brand South Africa reinstated Ms Nadine Thomas in her positions as the CFO, in May 2023 according to the ruling of the Labour Court.
2.(a) After the Labour court ruling, Ms Nadine Thomas and her lawyers presented a proposal to Brand South Africa, which included a separation proposition. Based on the proposal, Brand South Africa entered into negotiations and subsequently, both parties entered into a voluntary confidential mutual separation agreement.
(b) Ms Nadine Thomas and Brand South Africa entered into a voluntary confidential mutual separation agreement, which included a nondisclosure agreement. The terms thereof may not be disclosed unless with the consent of both parties. Brand SA does not have Ms Nadine Thomas’ consent to disclose the terms of the mutual separation agreement, at this time.
(c)(i) Following negotiations between Brand South Africa and Miss Thomas’ lawyers, an agreement on the settlement amount was reached. Ms
Sithembile Ntombela, in her capacity as the Accounting Authority/Acting Chief Executive Officer, approved the settlement agreement.
(ii) The settlement amount took into account the following factors:
NAME OF THE DRAFTER: Sithembile Ntombela (Ms)
DESIGNATION : Acting Chief Executive Officer – Brand SA SIGNATURE:
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Nomonde Mnukwa (Ms)
Acting- Director General: GCIS Date: 12 September 2023
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Khumbudzo Ntshavheni Minister in the Presidency Date: