Our Governance
Our Governance
Governance is the foundation that enables SANBS to deliver on its life-saving mandate to the community. It ensures the company operates with accountability, integrity and transparency, while creating sustainable value for our donors, patients, partners and society at large.
Effective governance extends beyond mere compliance; it is what allows SANBS to save lives, build trust and create lasting value for South Africa. It is critical to safeguarding donor and patient safety by ensuring the integrity of the blood supply chain. It also enables us to balance short-term performance with long-term sustainability, ensuring the continued availability of safe blood and blood products for South Africa.
It gives us a license to operate, building a respected reputation and trust with all our stakeholders.
We maintain effective controls and systems that uphold ethics, manage risk, ensure compliance, and provide assurance across the company.
It underpins our commitment to maintaining an ethical organisational culture that inspires all employees to live by the SANBS values.
Our consistent high-performance leads to value creation for SANBS and our stakeholders, instilling confidence in our operations and long-term resilience.
As the principal governance body, the Board ensures that SANBS operates ethically, effectively, and in accordance with King IV™ and national regulatory frameworks, reinforcing accountability and transparency. The Board aims to exemplify integrity, competence, responsibility, accountability, fairness, and transparency.
As of 31 March 2025, the Board confirms that it has fulfilled its responsibilities in line with South Africa's Companies Act, King IV™ guidelines, and other relevant regulations.
At SANBS, it is important for us to ensure our Board reflects the diversity of South Africa. This inclusion is vital as the Board has a responsibility to fulfill its duties in a way that represents the needs and expectations of our community.
The Board comprises individuals from different age groups, gender, and racial backgrounds, promoting diversity. Tenure among Board members ranges from 1 to 6 years.