Integrated Reporting Awards 2025
Since 1956, CGISA has recognised the best in corporate reporting. The Integrated Reporting Awards provide a platform for peer comparison and the promotion of sustainable and transparent practices. The awards honour leaders in corporate governance and culminate in an awards ceremony and gala banquet.
2025 Winners
| Category | Winner | Merit |
|---|---|---|
| Overall | Nedbank Group Ltd | |
| Top 40 | Exxaro Resources Ltd | MTN Group Ltd |
| Mid-Cap | Redefine Properties Ltd | Kumba Iron Ore Ltd | Momentum Group Ltd |
| Small Cap | Attacq Ltd | Equites Property Fund Ltd |
| Fledgling/Alt-X | Telkom SA SOC Ltd | Master Drilling Group Ltd |
| Regional | National Social Security Fund of Uganda | ABSA Bank Botswana Ltd |
| SOCs | Industrial Development Corporation SOC Ltd | Development Bank of Southern Africa SOC Ltd |
| Public Sector | Gautrain Management Agency | City of Cape Town |
| Unlisted | Business Partners Ltd | Government Employees Medical Scheme |
| NGO/NPO/NPC | South African Institute of Chartered Accountants NPO | Institute of Directors South Africa NPC |
Awards Ceremony 2025 | 12 November
2025 | The Wanderers Club, Illovo
Featuring a glamorous gala banquet, the 2025 awards ceremony will be one for the history books as we celebrate the leaders in corporate governance reporting.
Dress Code: Formal / Traditional
Fees include a 3-course meal and selected beverages
- Report entry: R3,000 (closing 30 September 2025)
- Banquet seat: R2,650
- Banquet table of 10: R23,850
Enter your Integrated Report
The awards are open to all organisations that produce an integrated report or are planning to move towards integrated reporting.
- Submit your latest report (FY2024 or FY2025) by emailing a PDF or a link to a PDF to ira@chargov.co.za.
- Once you have entered, we will send you an invoice (R3,000) that can be paid by EFT or credit card by arrangement.
- Deadline: 30 September 2025
The reports are adjudicated in line with the integrated reporting framework across three areas:
- Guiding principles
- Content elements
- Fundamental concepts
Our Judges
Prof. Elda du Toit
Associate Professor, University of Pretoria
Prof. John Ford
Associate Professor, Gordon Institute of Business Science
Connie Huma
Independent specialist: Sustainability, ESG, governance, corporate reporting, Osun Consulting Group
Dr René de Klerk
Independent Academic Consultant
Letitia Greyling
Rhodes Business School
Yvette Lange
Adjunct Professor, Wits School of Accountancy
Corli le Roux
Independent Specialist: Sustainability; Governance; Reporting
Anria van Zyl
Senior Lecturer, Stellenbosch University
Garth Barnes
Senior Lecturer, University of Johannesburg
Sabrina Paxton
Senior Client Success Manager at Lumi
Theresa Visser
Lecturer, Stellenbosch University
Master of Ceremonies
Conrad Koch, Comedian
Conrad Koch is a double International EMMY nominated comedian and Africa’s most acclaimed ventriloquist. His main puppet character, Chester Missing, with well over 100 million views on TikTok alone, is a household name for interviewing politicians on TV. Conrad is armed with a master’s degree in corporate culture and has received rave reviews globally.
“Brings the roof down” The Independent, London
“Hilarious” Mail & Guardian, SA
Keynote Speaker
Ramani Naidoo, FCG, Author, CEO, NED and Company Secretary
Ramani Naidoo is a business leader, lawyer and author with a career spanning law, boardrooms and ethical leadership. A qualified attorney with extensive experience in legal practice, she spent several years in private practice before moving into senior corporate roles. She has served as a director of both listed and unlisted companies, including Invicta Holdings, Altech, African Bank and Winhold, and as company secretary of Airports Company South Africa, Aspen Pharmacare, Adcock Ingram and Rand Refinery. Her executive career has spanned senior legal and governance roles, including Head of Legal at Adcock Ingram, Rand Refinery, the Southern Sun Group and Gensec Private Equity, and director of Edward Nathan Corporate Governance Advisory Services
Now CEO of an engineering and technology company in the aviation space, Ramani brings together executive experience and deep governance insight. She is the author of the forthcoming Corporate Governance: An Essential Guide for South African Companies (LexisNexis, 4th edition 2025), The Effective Director’s Guide (2003) and An Introduction to Corporate Governance (2003).”
Gallery
Comedian Conrad Koch bringing energy, humour, and quick wit to the stage
A composed and elegant on-stage presence: Ramani Naidoo delivered a powerful and heartfelt keynote address
A poised moment at the podium: CGISA CEO, Stephen Sadie, announces the 2025 winners
Delivering a thoughtful and impactful address to the audience: CGISA President, Deolinda da Silva, gives the welcoming address
Newly appointed Business Day editor-in-chief, Luke Feltham commends guests for their dedication and work
Celebrating excellence at the highest level: Bruce Thomas Nedbank with Prof. Mervyn King receiving overall winner
A powerful demonstration by Exxaro of transparency and integrated thinking: Malusi Buthelezi, Ntebaleng Molewa and Thando Nkoma with Feroza Naidoo from the JSE
Exceptional reporting quality secures MTN Group the merit award:
Thato Motlanthe with Feroza Naidoo from the JSE
Redefine Properties takes the Mid-Cap Award: Doug Mayne with Deolinda da Silva, CGISA President
Momentum co-merit recognition for delivering an excellent Mid-Cap report: Rowan Burger and Rachel Chauke, Momentum Group with Deolinda da Silva, CGISA President
Kumba Iron Ore co-merit recognition for excellence in Mid-Cap category: Nadia Schoeman, Kumba Iron Ore with Deolinda da Silva, CGISA President
Attacq receives top honours in the Small Cap category:
Jessica Govender and Brenda Botha with CGISA Senior Vice President, Leigh Roos
Equites Property Fund Ltd earns the Small Cap merit award for strong reporting:
Brent Zutphen and Nasreen Mukuddem with CGISA Senior Vice President, Leigh Roos
Telkom SA clentch Flegling/AltX win:
Oscar Nelufule received the award from Stephen Sadie at the CGISA offices
Master Drilling Group receives merit recognition for quality reporting: Willem Ligthelm with CGISA Vice President, Prudence Molebatsi
Business Partners secure their first win in the unlisted category:
Samenthea Arendse, Fouzia Dabhelia, Mandisa Masondo and Gugu Mjadu with Ntebaleng Molewa (Exxaro Resources)
GEMS recognised with the unlisted merit award:
Government Employees Medical Scheme representatives Gareth McKinnell and Lerato Mokweto with Ntebaleng Molewa (Exxaro Resources)
Industrial Development Corporation clenches the win in the SOC category:
Jeridah Makgae, Thabi Mezioud and Tshepo Ramodibe with Lyn Bunce, Integrated Reporting Committee of SA
The Development Bank of Southern Africa is honoured with the SOC merit award:
Nhlamulo Mkhavele, Edeshri Moodley, Sandile Nene and Ellen Metshiozwi with Lyn Bunce, Integrated Reporting Committee of SA
The Gautrain Management Agency claims the public sector win:
Bongisiswe Mpongo, Maseccle Msouebi and Prof. Mfanelo Ntsobi with Dr Maryna Mohr, Environmental & Sustainability Solutions
City of Cape Town receives Public Sector merit recognition:
Willem Claassens and Nadia Rinquest with Dr Maryna Mohr, Environmental & Sustainability Solutions
The NGO/NPO/NPC Award goes to SAICA for reporting excellence:
Ashley van der Merwe, Pondo Belot and Kgauhelo Dioka (SAICA) with Amanda Markman (Tamela)
IoDSA receives merit recognition for strong reporting in the NGO/NPO/NPC category:
Parmi Natesan (IoDSA) with Amanda Markman (Tamela)
The National Social Security Fund of Uganda is recognised as the regional winner:
Oscar Twinomugisha with CGISA past president Sandile Mbhamali
Award-night ambience set for a memorable celebration
A stunning ballroom prepared for an evening of excellence
The IRA 2025 stage ready to honour reporting excellence
A warm welcome from our sponsors and partners who support reporting excellence
Guests arriving in style for a night of celebration:
Back: Ryan Millela, Harmony Gold; Front: Dylan Watling, Lauren Watling (Redefine Properties), Jordache Pillay, Sindy Basson, and Michelle Kriel, Harmony Gold
Guests enjoying a warm welcome at the awards evening:
Ryan Millela (Harmony Gold), Julie Hayman and Jill Murray (The Oak Tree Group) with Karl Naundorf (Harmony Gold)
Networking in full swing before the ceremony:
Stan Whiting, Resolve Corporate Services, with Rachel Chauke and Risto Ketola, Momentum
Conrad Koch and Chester Missing share a playful exchange on stage showcasing sharp improvisation and humour
The room filled with laughter as the entertainment unfolds
Connections strengthened, ideas shared, and relationships built:
Tish Hankey (INCE) and Bert Kok (KAP) with CGISA Senior Vice President, Leigh Roos
Kgauhelo Dioka, Pondo Belot and Ashley van der Merwe (SAICA)
Back: Roseanne Adolphe, Sim Pillay, Jessica Govender, Sheralee Morland; Front: Sue Kenney and Brenda Botha, Attacq
Back: Fouzia Dabhelia, Mandisa Masondo, and Samentha Arendse; Front: Gugu Mjadu, Business Partners
Back: Markus Labuschagne, Bruce Thomas, Stefan Erasmus, Musa Magala; Front: Lydia Mogale and Larisa Bayes, Nedbank
Spencer Moreri, Amantle Kgosiemang, Yonta Leburu, Sesha Rachel Molebatsi and Pako Lekgetho, Absa Bank Botswana
Attendees fully immersed in the fun atmosphere of the event
Guests celebrating excellence while enjoying the vibrant atmosphere
A joyful reaction as guests respond to the evening’s entertainment
A relaxed and cheerful moment shared among colleagues and friends
Smiles all around as attendees arrive for the celebration
Beena Morar and Mathibe Hlapolosa, Tamela
A vibrant duo capturing the spirit of the evening
Wynand van der Merwe and Dr Maryna Mohr, Environmental & Sustainability Solutions (ESS)
A stylish pair ready for the night’s festivities
CGISA Vice President, Prudence Molebatsi with her partner Kamogelo Chiloane
Networking in full swing as peers reconnect and exchange insights
Kabelo Moagi, Xolisa Vabasa-Nako, Thato Motlanthe, and Tassin Benn, MTN Group
Xolisa Vabasa-Nako, Thato Motlanthe, and Tassin Benn, MTN Group
Nasreen Mukuddem and Brent Zutphen, Equities Property Fund
Back: Kgauhelo Dioka, Pondo Belot, Ashley van der Merwe; Front: Sue Kenney and Sheralee Morlandand (SAICA)
Sue Kenney, Oscar Twinomugisha and Sheralee Morland, NSSF Uganda
DJ Hoodie making good use of Conrad Koch's feet to produce a hillarious set
A spontaneous burst of giggles captured at just the right time
Moments of unfiltered laughter that made the evening unforgettable
A perfectly timed joke that had the whole room in stitches
Nothing beats the authentic joy shared by our guests throughout the night
Entertained and enjoying the evening
Stan Whiting and Dorette van Deventer, Resolve Corporate Services
Glamour and good company — the perfect combination:
Sibusiso Sabela, Nosipho Maphumulo and Xolani Dunga, Transnet
A glamorous group celebrating governance excellence:
Jordache Pillay, Subette Cronje, Motshidisi Mokwana, Harmony Gold, Mathibe Hlapolosa, Tamela, and Sindy Basson, Harmony Gold
A great opportunity for governance professionals to engage and collaborate
CGISA CEO, Stephen Sadie with Ann Westwood Mark, Sandile Nene (DBSA), Stephen Mark and Maria Djordjevic (Meropa)
Colleagues connecting and celebrating together:
Ntabaleng Molewa, Kevin Joseph, Anita Fourie, and Carla Knight, Exxaro Resources
Nhlamulo Majoko, Albi Modise, Prof. Mfanelo Ntsobi, Bongisizwe Mpondo, Dineo Kwili and Vutlhari Mojok (seated), Gautrain Management Agency winner of the public sector category
Back: Nhlamulo Mkhavele, Edeshri Moodley, Neo Mavuso, Sandile Nene, Ziningi Madlala, Desree Sefoka; Middle: Musandiwa Sadik, Dilona Naicker; Front: Ellen Netshiozwi and Portia Kheswa, SOC merit winners DBSA
Willem Ligthelm and Leanza Willemse, Master Drilling Group
Back: Kevin Joseph, Keneoue Filemon, Thando Nkomo, Malusi Buthelezi, Mbali Motanya, and, Front: Ntebaleng Molewa, Exxaro Resources
Nadia Schoeman, Kumba Iron Ore
Cornelia Maraschin, Doug Mayne and Lauren Watling, Redefine Properties
John Nunes and Michelle Rissik-Nunes
Beatrice Akala and Simon Akala, CGISA director
Roars of laughter erupt as Hilary and Conrad take to the stage
Laughter, applause and unforgettable reactions — the atmosphere was electric
These reactions say it all — laughter was the soundtrack of the night
Smiles turning into laughter — the ultimate sign of a great night
Joyful laughter shared among peers — the best kind of connection
The ultimate audience engagement, Kamogelo Chiloane joins Conrad Koch on stage as his final puppet.
Laughter rolling from table to table — the atmosphere was contagious:
CGISA directors - Charissa Carpenter and Karen Goldstone-Hoffman with her partner Emlyn Hoffman
