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She later pursued an MBA at De Montfort University in the United Kingdom, graduating in 1996. The firm focuses on investments in various sectors, including infrastructure and energy.

Shanduka Group: Although not founded by her, Mahanyele-Dabengwa was the CEO of Shanduka Group from 2004 to 2015.

You just have to be “willing to take advantage of them.”

“To be successful, you need to do the detailed work that no one else is willing to do.”

“Be the best person you can be in whatever you choose to do.”

“A good work ethic, consistency and focus always pay off.” – Phuti Mahanyele Dabengwa

“To be successful, you need a consistent work ethic and focus.”

“Your focus determines your decisions.” – Phuti Mahanyele

“If you’re not focused, you will be moving from one thing to the next without gaining any depth.”

“To build a career, learn as much as you can, put in the time and put in as much work as you can.”

“It’s not about the number of hours you spend in the office.

Tragically, her mother died when she was just 17 years old, an event that deeply influenced her perspective on life and time.

At the age of 17, Mahanyele-Dabengwa left Johannesburg to pursue higher education in the United States. She was named ForbesWoman Africa “Business Woman of the Year” in 2014, and in 2019, she won CNBC Africa’s All Africa Business Leaders “Woman of the Year Award.” She has also been recognized as one of Forbes “Africa’s 50 most powerful women.”

Personal Life

Phuthi Mahanyele-Dabengwa was married to the late Sifiso Dabengwa, a renowned businessman and former CEO of MTN Group.

She continues to inspire a new generation of African leaders, particularly women, to pursue excellence and break new ground in the business world. To further enhance her leadership skills, she completed an executive education program at Harvard University’s Kennedy School of Government in 2008, focusing on Global Leadership and Public Policy for the 21st Century.

Career

Phuthi Mahanyele-Dabengwa began her career in the United States with Fieldstone Private Capital Group, an international investment banking firm specializing in infrastructure development.

Quick Facts

Full Name	Phuthi Mahanyele-Dabengwa
Date of Birth	c. My current plan is to become a successful business leader but I don’t want to be the only one. Her leadership and innovative approach continued to garner recognition across the business world. In July 2019, Phuthi Mahanyele-Dabengwa made history by becoming the first Black and first female CEO of Naspers South Africa. She became the company’s first female and first black chief executive. The couple shared a strong partnership in both their personal and professional lives, raising four children together. Conclusion Phuthi Mahanyele-Dabengwa’s life and career are a testament to the power of resilience, education, and visionary leadership. She has consistently highlighted the importance of leveraging the talents of women to address global challenges, not just as a matter of social justice, but as a business imperative. Her contributions to business and society have been recognized globally. As part of my plan, I started an inspiration blog committed to helping women to achieve personal fulfilment and professional success. This investment holding company was co-founded by Cyril Ramaphosa and focuses on investments across multiple sectors, including energy, resources, and telecommunications. Gigajoule Africa (Pty) Ltd.: She serves as the Chairman of this company, which is involved in energy supply and infrastructure development across Africa. Bain & Company South Africa: Mahanyele-Dabengwa holds the position of Chairman at this management consulting firm, which is part of the global Bain & Company network. Additionally, she has held leadership roles in other prominent companies such as Naspers South Africa, Vodacom, Discovery Insure, and Gold Fields. Phuti Mahanyele-Dabengwa’s Education Qualifications Phuti’s educational accolades are as impressive as her entrepreneurial achievements. She holds a Bachelor of Arts Degree in Economics, which she earned from Douglass College at Rutgers University in New Jersey, USA, in 1993. Additionally, she holds a Master of Business Administration (MBA) from De Montfort University in the United Kingdom, which she completed in 1996. Phuti Mahanyele-Dabengwa’s Success Journey Phuti Mahanyele-Dabengwa was born and raised in Soweto, South Africa, in the early 1970s. Coincidentally, Soweto has also produced icons like Nelson Mandela, Trevor Noah, and Richard Maponya. She attended McAuley House Convent for her schooling, where she faced challenges, including adapting to a predominantly different socio-economic environment. After completing her MBA, she enrolled in an executive leadership program at Harvard University’s Kennedy School of Government, which she completed in 2008. Mahanyele began her professional career in the finance sector, gaining valuable experience at various institutions, including the African National Congress (ANC) in the Department of Economic Planning. In 2002, she joined MTN Group, where she held several executive roles, including Executive Head of the International Division and CEO of MTN South Africa. During her tenure, she played a crucial role in expanding the company’s operations across Africa and enhancing its growth strategy. From 2004 to 2015, she served as CEO of Shanduka Group, an investment holding company co-founded by Cyril Ramaphosa. After Shanduka, she co-founded Sigma Capital in 2016 and served as its Executive Chairperson until 2019. In July 2019, Mahanyele-Dabengwa made history by becoming the CEO of Naspers South Africa, the first woman to hold this position. She has since focused on driving digital transformation and sustainable growth within the company. She has also held senior positions at Fieldstone and the Development Bank of South Africa. Beyond her corporate responsibilities, Mahanyele serves on several boards, including the World Economic Forum’s Africa Regional Strategy Group and the African Leadership Academy. Phuti Mahanyele-Dabengwa’s Family Phuti Mahanyele-Dabengwa is married to Sifiso Dabengwa, a well-known figure in the South African corporate landscape. Sifiso was the former CEO of MTN Group from 2011 to 2015 and served on the board of Eskom, South Africa’s state-owned electricity supplier. He was born in Zimbabwe and was recognized as one of South Africa’s wealthiest individuals during his career. Tragically, Sifiso Dabengwa passed away from cancer on September 1, 2024. Her legacy is one of innovation, empowerment, and a deep commitment to making a difference in Africa and beyond. Categories PEOPLE Phuti Mahanyele-Dabengwa: Meet The Face Of Naspers South Africa - Advertisement - Phuti Mahanyele-Dabengwa is a highly respected South African business executive. She made history as the first black and female CEO of Naspers South Africa and the first black woman to have ever run a JSE-listed top-40 company. - Advertisement - Before joining Naspers, she held several prominent positions, including CEO of the Shanduka Group and co-founder and CEO of Sigma Capital. Throughout her career, Mahanyele, a trailblazer in a male-dominated industry, has been recognized for her leadership and contributions to business, including being named Forbes Africa’s “Business Woman of the Year” in 2014 and CNBC Africa’s All Africa Business Leaders “Woman of the Year” in 2019. Forbes describes her as one of the most successful and richest self-made entrepreneurs in South Africa. This is her profile as told by WOA: - Advertisement - Phuti Mahanyele-Dabengwa’s Net Worth Phuti Mahanyele-Dabengwa’s net worth is not publicly disclosed, but estimates suggest it could be around $10 million. - Advertisement - Her wealth is attributed to her leadership positions in major companies like Naspers and Sigma Capital, as well as her previous role as CEO of Shanduka Group. She has played a key role in founding and leading various companies throughout her career, including: Sigma Capital: Founded in 2015, Sigma Capital is a private equity firm where Mahanyele-Dabengwa served as the Executive Chairperson. She quickly rose through the ranks, becoming Vice President at Fieldstone in New York before transferring to the firm’s South African office. Her return to South Africa marked the beginning of a successful career in the country’s business landscape. As a little girl, I often dreamt of ‘making it big’ and making a difference in the world. in Economics (Douglass College, Rutgers University), MBA (De Montfort University), Executive Education Program in Global Leadership and Public Policy (Harvard Kennedy School)
Selected Awards	ForbesWoman Africa “Business Woman of the Year” (2014), CNBC Africa’s All Africa Business Leaders “Woman of the Year” (2019), Forbes “Africa’s 50 most powerful women”
Notable Achievements	First Black and Female CEO of Naspers South Africa, Global Young Leader by the World Economic Forum (2007)
Spouse	Sifiso Dabengwa (late)
Corporate Boards	Vodacom, Discovery Insure, Gold Fields, Microsoft 4Afrika Advisory Council
Philanthropy	Patron of National Education Empowerment Trust (NEET), Chairperson for Global Dignity South Africa

Introduction

Phuthi Mahanyele-Dabengwa is a highly respected South African business executive known for her exceptional leadership in the corporate world.

He is survived by Phuti and their four children.

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25 Legendary Phuti Mahanyele Quotes on Work Ethic

“Grab hold of every small opportunity and the bigger ones will follow. In 2004, she joined Shanduka Energy as Managing Director, and later became the CEO of Shanduka Group, a company founded and chaired by Cyril Ramaphosa, the current President of South Africa.

In 2016, after a fruitful tenure at Shanduka, Mahanyele-Dabengwa founded Sigma Capital, a venture that allowed her to explore new opportunities in investment and business development.

Under her leadership, Naspers has continued to grow its influence, particularly in the technology and media sectors.

Leadership and Influence

Throughout her career, Mahanyele-Dabengwa has been a strong advocate for greater female representation in business leadership. In celebration of Phuti’s achievements, here are some of her most inspirational quotes to inspire you to improve your work ethic and achieve career success.

25 Phuti Mahanyele quotes

“Your mindset drives everything.”
“Failure should not be the norm, especially today.”
“You need to take advantage of the opportunities in your environment.”
“The opportunities in South Africa are immense.

So, I plan on using my journey to help other women to become leaders in their fields. In 2007, she was selected as a Global Young Leader by the World Economic Forum.