Support pours in for Phuti Mahanyele

By Drum Digital
24 February 2015

She was head-hunted by deputy president Cyril Ramaphosa to join Shanduka Energy 11 years ago and went on to become CEO of Shanduka Group.

She accepted a job offer from deputy president Cyril Ramaphosa to join Shanduka Energy 11 years ago and went on to become CEO of Shanduka Group. After more than ten years at the company, Phuti Mahanyele has decided to follow a personal dream: opening her own investment company. “I would like to create my own vehicle looking at other things, and based on what I’ve learnt from the various industries I’ve had exposure to. Having been here this long I really was looking for a different opportunity, and I have always sought different opportunities,” she told City Press. 

Phuti will be remembered for, among other things, growing Shanduka Group’s net asset value from R4, 7 billion in 2009 to R8,1 billion in March last year.

She will also be remembered for her passion for human investment: “What I am leaving behind is a legacy of people who know the importance of the role they have played in the company. What was important for me as chief executive was to get the most out of the people I work with. “I’ve never understood hiring people I work with. I’ve never understood hiring people and then not getting them to use their potential. So, whether it was people who worked for Shanduka or the Shanduka Foundation, they all played a role in what they had to do and there was real responsibility. And that has definitely been one of the things that has been significant for me at Shanduka.” When news of her new venture broke, many of her supporters took to Twitter to show love and wish her well.  

At just 43, we’re excited to see what more Phuti has in store for the country’s industries!

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