Naspers appoints new SA CEO

Phuthi Mahanyele-Dabengwa. Image source: Sigma Capital.

Mahanyele-Dabengwa joins Naspers from her executive chairperson role at Sigma Capital, a privately held, majority-black owned investment group.

She will be based in Johannesburg, leading the group's day-to-day business in South Africa and will report directly to CEO Bob van Dijk.

Mahanyele-Dabengwa will be responsible for Naspers' recently formed units, Naspers Foundry and Naspers Labs.

Naspers Foundry is a R1.4bn start-up funding initiative aimed at boosting the local technology sector, and Naspers Labs is an initiative aimed at developing the skills and talent of SA's unemployed youth.

Naspers Foundry to back SA technology startups

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According to Business Report, Mahanyele-Dabengwa has said, "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".

Read more:
Meet Naspers new Chief Executive Phuthi Mahanyele-Dabengwa on Business Report
Naspers names new CEO for SA on Sunday Times
Naspers appoints Phuti Mahanyele-Dabengwa as SA CEO on Business Day