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Naspers Appoints First Black Female CEO for Its South African Unit

TechInAfrica – Recently, Naspers has appointed a new CEO for its South African unit. The new CEO is Phuthi Mahanyele-Dabengwa, the first female and black chief executive of the company. She will lead the company’s daily business activities as well as manage the company’s target to make successful tech investment bets on the continent.

“Phuthi is qualified, and brings in some good experience, plus she brings some gender and racial equality into the mix. You need a person who can also take your South African portfolio forward and grow it, change the landscape even further,” said Ron Klipin, a senior analyst at Cratos Capital, as cited from pmnewsnigeria.com,

Mahanyele-Dabengwa is 48 and has been experienced in being a leader, including being the CEO of Shanduka Group (Pty) Ltd., executive chairperson of Sigma Capital, board member of the Cyril Ramaphosa Foundation, Vodacom Group Ltd., Gold Fields Ltd., and Comair Ltd.

Phuthi Mahanyele-Dabengwa, Naspers South Africa's New CEO
Phuthi Mahanyele-Dabengwa, Naspers South Africa’s New CEO via bloomberg.com

Mahanyele-Dabengwa will have some key tasks that involve managing the transition of Naspers as it plans to list its assets on Euronext which is based in Amsterdam. The listing is part of its ambitions to turn the company into a global internet company.

Not only because of her board experience, but Mahanyele-Dabengwa is also said to bring advantage to the company by her current position as she has a long business with president Ramaphosa.

“She is very smart and she will adapt to the environment that she is being put into. She has worked closely with the current president, so in terms of access maybe to the right networks if that business does require access, I believe she will bring that into the company,” said Owen Nkomo, CEO of Inkunzi Wealth as quoted from pmnewsnigeria.com.

Source: qz.com, pmnewsnigeria.com

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