Senior top management

Means employees of a measured entity who are:(a) Members of the occupation category of “top management” as determined using the BEE regulations as qualified in a sector code;(b) Appointed by or on the authority of the board to undertake the day-to-day management of that measured entity and who:(i) Have individual responsibility for the overall management and to the financial management of that measured entity; and(ii) Actively involved in developing and implementing the measured entity’s overall strategy;

 

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