Phuthi Mahanyele-Dabengwa joined Naspers as South Africa CEO, in July 2019. Before joining Naspers, she was the co- founder of Sigma Capital, an investment holding company formed in 2015. Prior to that, she held the position of CEO at Shanduka Group, an investment holding company from 2004 to 2015. Prior, she was the Head of the Project Finance South Africa business unit at the Development Bank of Southern Africa. Early in her career, Phuthi worked in New York at Fieldstone, an international firm specialising in the financing of infrastructure assets. She later transferred to the South African office, where she served as a Vice President.
In 2020, Phuthi ranked number 42 in Fortune’s Most Powerful Women International list. In May 2016 Phuthi became a member of the Rutgers University Hall of Distinguished Alumni. She has been awarded several
accolades such as CNBC Africa’s All Africa Business Leaders “Woman of the Year Award” in 2019 and the Forbes Woman Africa “Businesswoman of the Year” Award in 2014. In 2013, she was awarded a “Distinguished Achievement” Award by The Douglass Society, and the Africa Investors recognised her as a “Leading Africa Woman in Business of the Year” in 2012. In 2011, Rutgers University conferred on her the “Rutgers Vision of Excellence Award”. In 2009, she was awarded the “Most Influential Woman in Government and Business” by Financial Services. The Wall Street Journal counted her among the “Top 50 women in the world to watch”. Phuthi was also selected as a Global Young Leader in 2007 by the World Economic Forum. She was awarded “Top in Project Finance, 2003” by the Association of Black Securities & Investment Professionals.
Phuthi completed a BA Economics from Rutgers University, USA in 1993, and an MBA from De Montfort University in the UK in 1996. She also completed the Kennedy School of Government Executive Education programme “Global Leadership and Public Policy for the 21st Century” at Harvard University in 2008.
She is the Vice Chairperson of the Cyril Ramaphosa Foundation and is an independent director of Vodacom Group. She serves on the advisory board of Stellenbosch University’s business school. Phuthi also serves on the board of the United Nation’s Global Compact Network SA. She is also a council member of the BRICS Business Council in South Africa.