Phuthi Mahanyele-Dabengwa to lead Naspers in South Africa

Naspers [JSE:NPN] announced on Wednesday that Phuthi Mahanyele-Dabengwa, the former executive chairperson at Sigma Capital, would lead its operations in South Africa. 

The position has been newly created.

Mahanyele-Dabengwa will be based in Johannesburg and report directly to the group CEO of Naspers, Bob van Dijk. 

"She will lead the group’s day-to-day business in South Africa and represent its interests in country. She will also be responsible for Naspers’ recently announced units, Naspers Foundry and Naspers Labs,which are designed to help stimulate the South African tech sector and tackle youth unemployment, respectively," the group said in a statement. 


“I am thrilled to be joining Naspers at such a pivotal time for the group and for South Africa and look forward to adding value to the group in realising its strategy in South Africa,” said Mahanyele-Dabengwa in a statement.

Van Dijk described her as a "seasoned leader with a strong track record of achievement throughout her career". 

* Fin24 is part of 24.com, a division of Media24, which is a subsidiary of Naspers.

ZAR/USD
17.63
(-0.14)
ZAR/GBP
23.01
(-0.05)
ZAR/EUR
20.78
(-0.04)
ZAR/AUD
12.62
(-0.03)
ZAR/JPY
0.17
(-0.02)
Gold
2034.21
(+0.05)
Silver
28.28
(+0.09)
Platinum
961.50
(+0.38)
Brent Crude
44.55
(-1.53)
Palladium
2166.01
(+0.63)
All Share
56757.73
(-1.56)
Top 40
52435.65
(-1.72)
Financial 15
9897.96
(+0.10)
Industrial 25
74671.49
(-1.98)
Resource 10
58948.78
(-1.89)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Do you think it was a good idea for the government to approach the IMF for a $4.3 billion loan to fight Covid-19?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes. We need the money.
11% - 929 votes
It depends on how the funds are used.
74% - 6239 votes
No. We should have gotten the loan elsewhere.
15% - 1283 votes
Vote