Nu-World appoints Buhle Hanise as audit committee chair

Nu-World Limited, the South African-based global manufacturer, importer, and distributor of branded consumer electronics, is changing its board leadership following the retirement of non-executive chairman Michael Goldberg at the end of September.

Goldberg will retire as a director on 30 September 2026, according to a JSE Sens announcement issued on Wednesday. Independent non-executive director Amos Mboweni will become chairman from 1 October.

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Mboweni will step down as chairman of Nu-World’s audit committee but remain a member. The company will also appoint chartered accountant Buhle Hanise as an independent non-executive director and chairperson of the audit committee.

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Hanise will additionally serve on the social and ethics, risk management, and remuneration committees.

She has more than 20 years of experience in finance, credit, and business restructuring. Hanise most recently served as national head of business restructuring at BDO South Africa and previously held the firm’s chief operating officer role in business restructuring.

Her earlier experience includes serving as chief financial officer of Beijing Automotive Group Co SA, a senior business rescue specialist and team leader at the Industrial Development Corporation, and a credit manager at Standard Bank and Nedbank.

Hanise is chair of Summit Africa Private Equity and sits on the investment committee of Mahlako Financial Services. She has also previously served as a non-executive director of OUTsurance Holdings and Transaction Capital.

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Goldberg will relinquish his other committee positions, including chairing the risk management committee and serving on the audit, social and ethics, and remuneration committees.

The board said Goldberg made a “valuable contribution to the group” during his tenure.

Nu-World confirmed that Hanise underwent a fit and proper assessment as required by the JSE Listings Requirements.

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