Johannes Bhekumuzi Magwaza

Independent Non-Executive Chairman


JB has many years’ experience as a board representative for various JSE listed and non-listed entities, including Chairmanships at Tongaat Hullet, Pamodzi Investments, Motseng, Mutual & Federal and Nkunzi Investments.

He was the founder Chairman of the National Economic Initiative and served on the executive committee of the Urban Foundation and the Development Bank of Southern Africa.

JB has been the recipient of numerous provincial, national and international prestigious awards and brings a wealth of fiduciary experience to the board of Delta.Since retiring in 2003, he has become an active non-executive director of a number of black-owned and controlled companies.

Sandile Hopeson Nomvete

Chief Executive Officer

Prop Dev. Prog and Exec Dip.

Sandile is a graduate of the Property Development Programme from the UCT Graduate School of Business, and holds an Executive Development Programme and Finance for Non-Financial Managers Diploma from the WITS Graduate School of Business.

He co-founded Motseng Investment Holdings which eventually listed in 2012 as Delta Property Fund.

Sandile has nearly a decade and a half of experience in executive positions, with his entrepreneurial and forward thinking persona propelling him into becoming one of South Africa’s leading business executives.

He also serves as an independent non-executive director and member of the audit committee at KAP Industrial Holdings.

Shaneel Maharaj

Chief Financial Officer

CA (SA), HDip Tax

Shaneel completed his BCom (Honours) degree at the University of Natal and articled at Deloitte & Touche. He started his career with Imperial Fleet Services followed by JSE-listed Cargo Carriers Limited, where he was the Group Financial Manager for three years before assuming the role as CFO.

He spent the last six years as CFO of Cargo, assuming a strategic role in its overall management including its subsidiary companies within South Africa and sub-Saharan Africa. Shaneel joined Delta in December 2015 as CFO and was appointed to the board at year end February 2016.

Otis Tshabalala

Chief Operating Officer

CCPP and Prop Dev. Prog

Mr Otis Tshabalala has been appointed as COO and an executive director of Delta with effect from 7 June 2016. Otis is a graduate of the Property Development Programme from the University of Cape Town and a CCPP from the University of Pretoria and also has several certificates in real estate.

Apart from heading up the task team that manages Deltas account with the Department of Public Works, Otis has over 24 years’ experience in the commercial property sector, with more than 12 years spent in the property finance space. He is a key member of the team that grew Delta from listing with 20 properties to its current portfolio of 115 assets and has also been instrumental in assisting with Delta’s funding and capital raising.

Phumzile Langeni

Deputy Chair

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

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.

Nooraya Khan

Non-Executive Director


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.

Sibongile Masinga (Bongi)

Non-Executive Director

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.

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.

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.

Marelise de Delange

Independent Non-Executive Director

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.