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COMPETITION TRIBUNAL
 


INVITATION TO SERVE ON THE AUDIT AND RISK COMMITTEES OF THE COMPETITION TRIBUNAL 
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ONE POST 

The Competition Tribunal (“Tribunal”) is an administrative body established in terms of the Competition Act No. 89 of 1998, as amended (“the Act”). It is responsible, inter alia, for adjudicating mergers and prohibited practices and imposing remedies where applicable. 
In terms of section 35 of the Act, the Chairperson of the Tribunal hereby invites applications from suitably qualified persons to serve as members of its Audit and Risk Committees as follows: 
Applications: Applications are invited from individuals who meet the following criteria: 
  • At least an appropriate bachelor’s degree and a minimum of ten (10) years’ experience in Senior Management in any of the following fields preferably in the Public Sector: Auditing (Internal and External); Law; Accounting; Risk Management; Financial Management; Human Resource Management; Information and Communication Technology (ICT) and Corporate Governance; 
  • Professional membership and good standing status is an added advantage e.g. SAICA, IRMSA, CISA, BCI, IIA (SA); Legal Practice Council; GCB; ISACA; ACFE etc. 
  • Knowledge, understanding and exposure to relevant prescripts / policies (Public Finance Management Act, 1999, Treasury Regulations and other relevant prescripts) and governance best practices. 
  • Extensive leadership and experience in serving on governance Committees. 
  • An understanding of the Tribunal’s mandate. 
  • Previous membership of an Audit and Risk Committee is an added advantage. 
 
Duties: The Audit and Risk Committee is required to assist the Accounting Authority in fulfilling her statutory responsibilities in terms of the Public Finance Management Act as they relate to the following four areas: 
  • Financial management; 
  • Reporting practices; 
  • Internal control structures and management of risk; and 
  • Compliance with laws, regulations and ethics. 
 
Terms of appointment: The successful candidate will be appointed for an initial period of 3 years, which may, at the Accounting Authority’s discretion, be renewed for another 3-year term. The contract will be reviewed annually based on performance. 
Meeting schedule: The Audit and Risk Committee of the Tribunal meets at least four times per annum. If required, special meetings may be held. 
 
Remuneration: Audit and Risk Committee members are remunerated per meeting for preparation and attendance at a rate equivalent to the “Guideline on fees for audits done on behalf of the Auditor- General South Africa” determined and approved annually by the South African Institute of Chartered Accountants (SAICA).




Interested applicants must submit a covering letter, curriculum vitae, and proof of qualifications/ experience and contact details of at least two referees. 
 
The applications can be e-mailed to Lufuno Ramaru at: ACMembers@comptrib.co.za
 
Closing date: 31 July 2025