She previously held the positions of co-founder and chief executive officer at Sigma Capital and CEO at the Shanduka Group.
After her mother's early death at age 42, Mahanyele has said that it was a lesson to her not to waste time or take it for granted. Graça Machel – Biography Of An International Advocate Of Women’s And Child’s Right. , Phuthi Mahanyele-Dabengwa – CEO, Shanduka, Phuthi Mahanyele-Dabengwa – Women's Leadership Conference 2012, "Phuthi Mahanyele-Dabengwa: Observations from WEF", "Naspers picks Mahanyele-Dabengwa as CEO for South Africa".
Altogether, Phuti has led several other companies. Shanduka is an investment holding company founded by the President, Cyril Ramaphosa of South Africa. Phuti Mahanyele is a South African business executive and the Chief Executive Officer of Naspers, South Africa unit. The appointment of 48-year-old Phuti Mahanyele-Dabengwa marks a new chapter for Naspers - one of Africa’s most valuable firms, with a turnover of $19bn.
In addition to being the CEO of Naspers Ltd, South Africa Region, Mahanyele also sits on the board of several other companies. Independent Non-Executive Director, Vodacom Pty Ltd, 2019. Later on, she left and served as the executive chair of Sigma Capital, a privately held, majority black-owned investment group. This year, Naspers plans to invest $1bn, mainly abroad. See Also: Clare Akamanzi – Biography And Life Of A Successful Leader. This article first appeared in Jeune Afrique. Africa Investors, 2012, Rutgers Vision of Excellence Award. Entrepreneurs.ng curate insights, experiences, and information that inspire, inform and educate. , Mahanyele-Dabengwa joined Fieldstone Private Capital Group in New York City, an international investment banking firm specialising in infrastructure development. See Also: 100 Profitable Business Ideas … DURBAN - Naspers recently announced the appointment of Phuthi Mahanyele-Dabengwa to the global Naspers management team as Chief Executive, South Africa. She later became vice president at Fieldstone in New York, and subsequently transferred to the firm’s South Africa office. feeling at a disadvantage, you are already at a disadvantage.”, “The opportunities are there!
She will also run two local entities, Naspers Foundry – a $98m investment fund, financing technology start-ups; and Naspers Labs – a skills development programme targeting unemployed youth. The appointment of 48-year-old Phuti Mahanyele-Dabengwa marks a new chapter for Naspers - one of Africa’s most valuable firms, with a turnover of $19bn. Mahanyele-Dabengwa was born in Meadowlands, Soweto, South Africa. Fieldstone was an international investment banking firm which specializes in infrastructure development.
The African corporate heavyweight, Bidvest has announced plans to appoint a black female leader, Mpumi Madisa, to head its operations from 2021. Married to Sifiso Dabengwa, Eskom director, former MTN CEO See Also: Graça Machel – Biography Of An International Advocate Of Women’s And Child’s Right. Executive Management Phuti Mahanyele Chief Executive Officer. It doesn’t mean you have to be best friends with everyone but it means whenever you engage with people you are positive and it’s meaningful.  In 1996 she earned an MBA from De Montfort University.
Old Mutual Alternative Investments (OMAI) hopes to launch a new pan-African affordable housing fund towards the end of 2021, joint CEO Paul Boynton tells The Africa Report. “The bottom line [...] is no longer a central focus,” he said, during a long video call in late August, in his capacious but empty office in central Nairobi. Subsequently, in 2004, Phuti joined the Shanduka Energy division and worked as a Managing Director. “Her significant experience as an investor and board member in a variety of industries makes Phuthi the ideal partner for this important role at Naspers,” said Bob van Dijk, CEO of Naspers Group. Former Sigma Capital Executive Chair and 2018 Standard Bank Top Women cover icon, Phuti Mahanyele-Dabengwa, has joined the global Naspers management team as CEO, South Africa. She believes that as an entrepreneur, you must always see yourself as a business person, and treat people the way you’d want to. Phuti Mahanyele (born c. 1971) is a South African business executive currently working as the Chief Executive Officer of Naspers South Africa.She previously held the position of chief executive officer at Sigma Capital and Chief Executive Officer at the Shanduka Group Mahanyele was included in the Wall Street Journal's list of "Top 50 women in the world to watch in 2008", was recognized by Africa Investors as a "Leading African Woman in Business" in 2012, and was chosen as ForbesWomanAfrica Business W… Notify me of follow-up comments by email.  Of her return to South Africa from a successful career in the United States, which some have seen as unusual, she said "where else in the world would it make sense for a black woman to be?
You have entered an incorrect email address! Insights, information and opportunities that inspire, inform and educate straight to your inbox. She then became head of Project Finance South Africa at the Development Bank of Southern Africa. Served on several corporate boards, including Vodacom, Gold Fields and Comair. , In 2012, Mahanyele-Dabengwa spoke to the Women's Leadership Conference, asserting that a greater role for women in business was necessary, not only to rectify a social injustice but, more importantly, because there was "an economic and business imperative" to use the talents of women to solve the problems that the world faces. At age 17, Phuti left Soweto to attend the Douglass College, United States (part of Rutgers University).
Mahanyele-Dabengwa's mother died when she was 17 years old. She also holds a seat on the board of Ramaphosa’s foundation. As a result of her strong achievement record and experience, she was seen as the perfect match for the role at Naspers. Phuti Mahanyele-Dabengwa was born in March 1971 in Meadowlands, Soweto, South Africa. Analysts sceptical of Citron claims on Alibaba investment in Jumia, Old Mutual wants to create an African affordable housing fund, ‘The greed that sometimes drives capitalism must be tamed’ – James Mwangi, AfCFTA key in driving auto sector investment momentum on the continent – Nissan boss, Founded by Afrikaner militants on 12 May 1915, In 2015, the company finally apologised for its role in propping up an. Despite the little time Phuti spent with her parents, she totally understood the importance of their commitment to her success.  She is involved in the World Economic Forum's "Dignity Day" initiatives, and has been chairperson for Global Dignity for South Africa. Last year, Naspers announced plans to invest €200m over the next three years in its South African e-commerce platforms OLX and Takealot, and the food delivery service, Mr D Food.
Let’s write your business story in a way that resonates with your customers. Claims from Citron Research’s Andrew Left that Alibaba or Softbank are likely future investors in African e-commerce retailer Jumia have left analysts scratching their heads. In a break from its past, the firm appointed its first black CEO to head its operations in South Africa after more than a century. Won the Global Young Leader Award (2007) Posted on Tuesday, 23 July 2019 18:48. Despite being one of the few women in business, Phuti has achieved a lot within a little space of time. Global Young Leader, World Economic Forum, 2007, Top 50 women in the world to watch, Wall Street Journal, 2008, Most Influential Woman in Government and Business, Financial Services, 2009, 20 Youngest Power Women in Africa, Forbes, 2011, Rutgers Vision of Excellence Award, Rutgers University, 2011, Leading African Woman in Business, Africa Investors, 2012, Distinguished Achievement Award by the Douglass Society, 2013, Africa Business Woman of the Year, Forbes Woman, 2014, Business Woman of the Year, All Africa Business Leader Awards, 2019, One of the Most Powerful Women in Africa, 2020.
This way, Phuti leads Naspers businesses in operation in SA. Board Member, Shanduka Group now, Ramaphosa Group. Aya Chebbi – Biography Of An Award-Winning Pan African Feminist And Activist, Clare Akamanzi – Biography And Life Of A Successful Leader, Jennifer Riria – Biography Of The CEO Of Kenya Women Holding Group, Angelique Kidjo – Biography And Albums Of A Grammy Award-Winning Singer-Songwriter, Judy Dlamini – Biography Of A Phenomenal Business Woman, Founder, Mbekani Group, Elsie Kanza – Biography Of A Powerful African Female Leader, Factors To Consider Before Choosing A Business Structure, An Emotionally Intelligent Person Has These Qualities; Must-haves For Every Entrepreneur, Independent Non-Executive Director, Vodacom Group Limited, Independent Non-Executive Director, Gold Fields Limited.
Mahanyele-Dabengwa may need to reassure South African authorities who are worried about the group’s assets migrating to a foreign stock exchange. ", She joined Shanduka Energy in 2004 as managing director and later became chief executive officer of Shanduka Group which was founded and chaired by South Africa's 2018 president-elect Cyril Ramaphosa. Mahanyele-Dabengwa will lead the firm’s daily operations in South Africa. The other two are Anglo Platinum CEO, Natascha Viljoen and Phuti Mahanyele-Dabengwa of Naspers South Africa.
, Mahanyele-Dabengwa was selected as a Global Young Leader by the World Economic Forum in 2007. She narrated how her parents were able to achieve a lot through hard work and how they ensured that she got a good education. Reporting directly to Bob van Dijk, Group CEO of Naspers, Phuti will be based in Johannesburg where she will lead the group’s day-to-day business in South Africa and represent its interests incountry. Even as a child, Mahanyele-Dabengwa says she had a stake in Naspers. See Also: Jennifer Riria – Biography Of The CEO Of Kenya Women Holding Group, See Also: Angelique Kidjo – Biography And Albums Of A Grammy Award-Winning Singer-Songwriter, “If we are unable to tap into the talent that is locked Especially in the non-listed After school, Phuti Mahanyele joined Fieldstone Private Capital Group, New York City. Then, in 2019, she was appointed at Naspers to represent its local interests in SA. She is a seasoned business leader with a strong track record of achievement throughout her career. others, I celebrate it.”, “You cannot change who you are, and so your values need to Chairman, Bain & Company South Africa, Inc. Today, her parents live, achievements, and death remains a big lesson for her.
If you come in Raised by her father after losing her mother at age 17, Phuti did not let circumstances stop her from becoming the business mogul she wanted to be – a passion she got from her father.
Additionally, she is the founder of Sigma Capital, an investment firm. In 2019, Naspers appointed former Shanduka Group CEO Phuti Mahanyele-Dabengwa, to lead its South African interests.
side.”, “Despite where we are, we have the ability to bring ourselves
Reporting directly to Bob van Dijk, Group CEO of Naspers, Phuthi will be based in Johannesburg where she will lead the group’s day-to-day business in South Africa and represent its interests in-country. She serves on the advisory board of the business school of Stellenbosch University, and is a patron of the National Education Empowerment Trust (NEET).
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