Staff Writer
Oceana Group Limited has appointed Aboubakar “Bakar” Jakoet as its new lead independent director and chairperson of the corporate governance and nominations committee, effective 1 January 2026.
The company said the appointment complies with paragraph 3.59 of the JSE Listings Requirements. Jakoet has served as an independent non-executive director of Oceana since 2019. He is a chartered accountant and currently chairs the risk committee while also serving on the audit committee.
The board welcomed the appointment and said it looks forward to his continued contribution in the new roles.
Oceana also announced that Peter de Beyer will step down as lead independent director and chairperson of the corporate governance and nominations committee, effective 31 December 2025. He will remain on the board and continue to serve on the remuneration committee and the corporate governance and nominations committee. The board thanked him for his service during his tenure.
Meanwhile, Capricorn Group Limited disclosed director dealings in its securities in line with Namibia Securities Exchange (NSX) listing requirements.
Capricorn Group director Marthinus Johannes Prinsloo exercised the vested portion of shares awarded under the Share Appreciation Rights Scheme on 15 December 2025. He exercised 61 572 ordinary shares at N$26.02 per share, with a total transaction value of N$1.6 million. Prinsloo holds a direct beneficial interest in the shares, and the required clearance was obtained.
The group’s company secretary, Hellmut Gottlob von Ludwiger, also exercised vested shares under the same scheme on the same date. He exercised 12 743 ordinary shares at N$26.02 per share, with a total value of N$331 572.86. Clearance for the transaction was obtained.
In a separate announcement, FirstRand Namibia Limited disclosed a director dealing involving Otto Nakasole Shikongo. The company said Shikongo’s indirect shareholding of 44.3%, amounting to 416 225 shares, was transferred from Tshothi Investments (Pty) Ltd into his personal name on 23 December 2025.
The transfer took place off-market with no flow of funds. The shares are ordinary par value shares and were transferred at N$54.50 per share. FirstRand Namibia confirmed that the required clearance was obtained.
Separately, Pepkor Holdings Limited announced changes to its board and board committees, effective 24 February 2026.
Richard John Wainwright was appointed as an independent non-executive director. He previously served as chief executive officer of Investec Bank Limited from 2016 to 2024. Pepkor said the appointment will strengthen the board’s skills, citing his experience in risk, financial services, audit and global capital markets.
Pepkor also announced that Louis du Preez will retire from the board at the company’s annual general meeting on 24 February 2026. He will step down from the investment committee, the nominations committee and the human resources and remuneration committee. The company thanked him for his contribution.
Ian Kirk was appointed to the nominations committee, in addition to his roles as chair of the investment committee and member of the human resources and remuneration committee.
Caption
Aboubakar “Bakar” Jakoet
