OMBUD COUNCIL ANNUAL REPORT 2024/25

PART F: FINANCIAL INFORMATION

Amounts in Rand

2025

2024

13. AUDITORS’ REMUNERATION

Internal audit fees

610,689

-

External audit fees

549,025

-

1,159,714

-

14. RELATED PARTIES RELATIONSHIPS Financial Sector Conduct Authority

Collects Levies on behalf of the Ombud Council

National Treasury

Funded the Ombud Council

RELATED PARTY BALANCES AMOUNTS INCLUDED IN TRADE RECEIVABLE (TRADE PAYABLE) REGARDING RELATED PARTIES Financial Sector Conduct Authority

(1,406,264)

2,476,631

RELATED PARTY TRANSACTIONS INTEREST RECEIVED FROM RELATED PARTIES Financial Sector Conduct Authority

47,129

33,708

LEVIES RECEIVED FROM RELATED PARTIES Financial Sector Conduct Authority

26,528,367

24,116,146

GOVERNMENT GRANT RECEIVED FROM RELATED PARTIES National Treasury

-

8,000,000

REMUNERATION BOARD AND COMMITTEE REMUNERATION 2025

HR and Remuneration

Audit and Risk

Board

Other

Total

E Meyer

42,499

-

-

95,934

138,433

C Soobramoney

31,406

-

32,518

4,446

68,370

MPD Chabedi

25,461

-

23,340

13,338

62,139

AM Horowitz

32,518

36,964

-

19,821

89,303

E Lekgau

30,016

36,964

-

4,446

71,426

L Senne

25,292

-

30,850

7,226

63,368

N Esterhuizen

-

-

6,671

11,672

18,343

187,192

73,928

93,379

156,883

511,382

87

OMBUD COUNCIL ANNUAL REPORT 2024/25