Sephaku Holdings Limited announced that Mr. MG Mahlare, an independent non-executive director, will retire at the Sephaku Holdings annual general meeting (AGM), which is expected to be held on 22 September 2016. Mr. MG Mahlare will resign from the Board and audit committee with effect from the date of the AGM. The Board also announced that Mrs. MJ Janse van Rensburg has been recommended for appointment as an independent non-executive director of Sephaku Holdings and chairman of the audit and risk committee. Mrs. MJ Janse van Rensburg's appointment will, subject to receipt of the necessary shareholder approval being received at the AGM, be effective from the date of the AGM. She is currently a non-executive director of the Development Bank of South Africa and a non-executive member of the Credit Committee overseeing Africa and India at First National Bank.