The board of directors of Sephaku Holdings Limited announced that Ms. Bukelwa Bulo was appointed as an independent non-executive director of Sephaku Holdings and a member of the Audit and Risk Committee, with effect from 26 March 2018. Ms. Bulo is a Chartered Accountant (SA), Chartered Financial Analyst and in 2011 completed a Program for Leadership Development at Harvard Business School. She has over 10 years' experience in private equity with exposure to a wide spectrum of sectors including industrial services and retail. Ms. Bulo has expertise in investment and divestment evaluation, deal structuring, strategic and stakeholder management. She is a co-founder of Jade Capital Partnership Proprietary Limited. Her current directorships include, among others, non-executive directorships on the boards of directors of Franki Geotechnical Proprietary Limited, Capital Appreciation Limited and Netcare Limited.