Any insight?

In terms of this section of the Companies Act No 71 of 2008 liability extends to an alternate director, prescribed officer or member of a board committee or of the audit committee of the board.
If a director breaches his fiduciary duty (duty to disclose personal interests, abuses power, does not act in good faith and for proper purpose in the best interests of the company) he will be liable for any loss, damage or costs sustained by the company as a consequence of any breach by the director.
If a director fails to exercise the requisite due care, skill and diligence, or breaches any other provision of either the Company’s Act or the Memorandum of Incorporation, he will be delictually liable for any loss, damage or cost sustained by the company as a result of the breach.
Broadly speaking, a director will be liable for direct or indirect loss, damage or costs sustained by the company if:
a) he/she acts beyond the scope of his authority;
b) he/she allowed the company to carry on business with the knowledge that it was being conducted recklessly, negligently and fraudulently, or with the knowledge that the company traded under insolvent circumstances (see Section 22);
c) being party to an act or omission of the company despite knowing that the act or omission was calculated to defraud a creditor, employee or shareholder, or had another fraudulent purpose;
d) he/she signed, consented to, or authorised any financial statements, prospectus or written statement that is false, misleading or untrue. Here the director’s knowledge and the materiality of the misrepresentation would be factors for consideration in assessing the liability of the director;
e) Failing to vote against, or participating in, the issue of unauthorised shares, the issue of authorised securities, the granting of options, the provision of financial assistance, approval of a distribution, acquisition by the company of its shares, or that of its holding company, or allotment by the company in contravention of the Companies Act.
Liability extends jointly and severally but a director does have at his disposal a mechanism to apply to court to set aside a decision of the board for which he may be held liable. The court has the discretion to set aside the decision in whole or in part, and to make any further order, for example rectify the decision, reverse a transaction and even indemnify the director for the costs of the proceeding. Recovery of loss, damage or costs, is limited to a prescription period of three years after the act or omission that gave rise to that liability.
Section 78 limits the extent to which a company may indemnify a director.
The role of a director is very onerous and is to be regarded in a rather serious light. Anyone accepting such an appointment must at all times ensure that they are fully aware of their rights, duties and obligations, and ensure that every question in their mind is answered prior to taking a decision.