Governance
Who holds which office, how decisions are made, and the rules we all signed.
Leadership structure
ChairpersonSinqobile
Vice ChairpersonVacant
SecretaryZukiswa
TreasurerLismore
Financial Controller / AuditorMuzi / Nkosana
Investment ManagerAngelina Senoge
Compliance OfficerTshiamo Mabula
Risk ManagerNdondo
BookkeeperZime
Members30 to 50 people
What each office does
- Chairperson
- Runs meetings, represents BBS and casts the deciding vote.
- Treasurer
- Keeps all financial records and the bank and investment accounts.
- Secretary
- Minutes, communication, FICA records and beneficiary nominations.
- Financial Controller
- Checks every calculation and payment before it is approved.
- Compliance Officer
- Makes sure we follow the constitution and the law.
- Investment Committee
- At least three members. Reviews every investment before it goes to a member vote.
- Auditor
- Checks the financial reports every six months, separately from the Treasurer.
- Members
- Every member votes. No one person can make an investment decision alone.
Voting thresholds
51%
Routine decisions
70%
Investment changes and member removals
80%
Changes to the constitution, or closing the stokvel
A vote only counts once the quorum set in the constitution is present.
The constitution
BBS runs under a signed constitution, adopted on 19 March 2026. It sets every rule, limit and protection on this site, and it takes precedence over anything written here.
Members can get a copy of the constitution from the Secretary.