Phumzile Langeni

Chairman

BCom (Accounting) BCom (Hons) (Bus. Mgt) MCom (Bus. Mgt)

Phumzile is currently the Executive Chairman of Afropulse Group, an investment and corporate advisory house. Phumzile has held Executive Directorships at Anooraq Resources, Barnard Jacobs Mellets (BJM) Securities and Mazwai Securities. She has served as an Economic Advisor to the former Minister of Minerals and Energy. In 2018 she was appointed by President Cyril Ramaphisa as one of four special investment envoys tasked with raising 100 billion dollars over a five-year period. A stockbroker by profession, she has also has extensive experience serving on listed and unlisted boards.

She currently serves on the following boards: Imperial Holdings, Massmart Holdings, Transaction Capital Limited, Metrofile Holdings, Motus Holdings, Primedia Holdings and Mineworker’s Investment Company (MIC).

Sibongile Masinga (Bongi)

Interim Chief Executive Officer

B.Com, USA-SA Leadership and Entrepreneurship Programme (Wharton School of Business)

Bongi is one of the founding members of Afropulse Group. Prior to this she was Chief Operating Officer and Head of Corporate Advisory at Quartile Capital. She has held various positions in financial services including at DBSA, Gensec and Real Africa Durolink. She also gained Merchant banking experience with Hill Samuel in London.

She currently serves on the following Boards, Bidvest; Libstar; PetroSA and Bostsilu Private Hospital.

Marelise de Delange

Interim Chief Financial Officer

BCom (Hons) Accounting, BCom Law,  CA(SA)

Marelise has more than 25 years’ operational and financial experience in the financial and listed property sectors. She started her career at Absa Bank in the Structured Finance division, before moving on to Absa Capital as Business Manager – Structured Capital Market. Marelise then joined International Housing Solutions in 2008 as Finance Director, thereafter, joining JSE listed Vunani Group.

She played an integral role in the successful listing of Vunani Property Investment Fund (now Texton Property Fund Limited) where she was subsequently appointed as Financial Director.

She has served as Chief Financial Officer of Rebosis Property Fund and was a non-executive director on the board of Delta Property Fund from 2015 to 2017 prior to accepting the position at Rebosis.

Marelise is also a member of the Audit, Risk and Compliance Committee and the Investment Committee of Delta Property Fund.

Nooraya Khan

Non-Executive Director

CA (SA)

Nooraya is an experienced and highly successful private equity transactor, who gained exposure to project finance transactions and risk management within the Industrial Development Corporation (IDC).

She also served on the large corporate credit committee of FirstRand Limited. She has vast experience in negotiating, implementing and managing private equity and black economic empowerment transactions across South Africa which was obtained during a combined 13-year tenure at Rand Merchant Bank and the IDC. Nooraya currently serves as director on various nonlisted entities.

Mfundiso Johnson Ntabankulu (“JJ”) Njeke

Lead Independent Non-Executive Director

BCom, BCompt (Hons), CA(SA)

JJ is currently the Executive Chairman of Silver Unicorn Coal and Minerals (Pty) Limited.
He was previously the Managing Director of Kagiso Trust Investments from 1994 to 2010, a partner of PricewaterhouseCoopers, Chairman of the Institute of Chartered Accountants and its Education Committee.

He served as a member of the Katz Commission of Inquiry into Taxation in South Africa, the General Committee of the JSE Limited, the Audit Commission – Supervisory Body of the Office of the Auditor General, the Audit Committee of National Treasury and the Editorial Board of the Journal of Accounting Research. JJ currently chairs the boards of MMI Holdings and Black Management Forum Investment Company Limited (“BMFI”). He serves on the boards of Datatec Limited, Delta Property Fund and Sasol.

Caswell Rampheri

Independent Non-Executive Director

BA(Law) , LLB , Higher Diploma in Tax Law

Caswell Rampheri is the founder and Chief Executive Officer of Buna Group, a diversified property development and investment group. The company currently operates in South Africa and selected African markets. Prior to establishing Buna Group, Caswell held positions Chief Operations Officer, Deputy Managing Director for Liberty Properties and held executive and senior positions at Pareto Limited, Peermont Global, Old Mutual Properties and Investec Properties.

His experience in commercial properties stretches 23 years and covers Leadership and strategy as well as a wealth of experience in Property Development, Property Asset Management, Property Management and Property Investments.

Davina Nodumo (Dumo) Motau

Independent Non-Executive Director

BCom, Dip. Advanced Banking, Cert. Business Project Management

Dumo started her career in banking through the Development Bank of Southern Africa, thereafter progressing from the South African Reserve Bank to Government. She launched a financial risk management consultancy, Aphiwa Risk Consultants Proprietary Limited, focusing on the financial inclusion of the small micro enterprises into the formal sector through access to finance.

She currently serves as director and member of the credit risk and audit committee of the Land Bank and Land Bank Life Insurance Company respectively.

Nombuso Afolayan

Independent Non-Executive Director

MBA in Finance

Nombuso holds an MBA in Finance from Regent College (University of Luton) and has completed several executive leadership and advanced business programmes.

She joined Transnet Kwa Zulu Natal Port Operations in 2013 as general manager, after holding various senior management positions at Vopak, Grindrod, Spoornet and Coallink. She has extensive experience in the management of projects, supply chains and stakeholder relations and currently serves as non-executive director of both Umgeni Water and Ithala Development Corporation.