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Takeover Regulation Panel

Public Entity · Economic Infrastructure and Development · reports to Department of Trade, Industry and Competition (the dtic)

The Takeover Regulation Panel regulates affected transactions and offers involving regulated companies. It is established under the Companies Act, 2008 (Act No. 71 of 2008), and succeeded the Securities Regulation Panel.

Its purpose is to ensure the integrity of the marketplace and fairness to holders of securities in takeovers, mergers, schemes of arrangement and similar transactions. It regulates these under the Takeover Regulations, which require among other things equal treatment of shareholders and mandatory offers once a control threshold is crossed.

It issues compliance certificates without which affected transactions may not be implemented, investigates complaints, and may make orders including compensation. It reports to the Department of Trade, Industry and Competition.

Audit record, 5 years

2020/21
2021/22
2022/23
2023/24
2024/25
Financially Unqualified declining 3 of 5 audited years clean

Financial highlights, 2024/25

Total Revenue
R32m
Total Expenditure
−R25m
Total Assets
R116m
Total Liabilities
R3m

Values in rand. Sparklines run oldest to newest and are scaled to each series, not to zero.

Leadership, 14 listed

Chairperson
Prof Tshepo Mongalo
Board Members
Ms Nadia Jada Ms Mmapitse Maubane Ms Tintswalo Mthembi Ms Inga Ngalonkulu Mr Bryan Shuping Ms Lungile Sonqishe Mr Mtho Xulu Mr Mohammed Yakoob
Commissioners
Ms Doris Tshepe Adv Rory Voller
Deputy Executive Director
Mr Zano Nduli
Senior Management
Ms Zoliswa Mkwetshana Ms Margaret Motsoahae

Description written for this directory from the entity’s own published sources: www.trpanel.co.za, www.gov.za