Steve Phiri (67)
Chairperson
(Independent)
B luris, LLB, LLM
Organisational Overview / Non executive directors
Steve Phiri (67)
Chairperson
(Independent)
B luris, LLB, LLM
Ditshebo Stephen ("Steve") joined the Merafe Board in February 2024 and was appointed as Chairperson in May 2024. Steve has more than 20 years of experience in the South African mining sector including, inter alia, roles at Royal Bafokeng Platinum Limited (where he served as CEO), Royal Bafokeng Holdings Proprietary Limited (where he served as a non-executive director) and at Merafe (where he was CEO from 2003 to 2010 and a non-executive director of the Board from 2010 to 2015). He is a member of the Council of International Platinum Association and was a board member of the International Platinum Association before becoming its President/Chairman. Steve was also previously the Vice President of the Chamber of Mines (later the Minerals Council of South Africa).
Steve is Chairperson of the Nomination Committee, member of the Remuneration Committee, member of the Social, Ethics and Transformation Committee and an invitee to the Audit and Risk Committee.
Matsotso Vuso (51)
(Independent)
CA(SA), CD(SA) RA
Matsotso joined the Merafe Board in July 2018. She is the founder of Nyamezela Group of Companies, a multi-disciplinary group of companies with solutions spread across manufacturing of smart electricity meters, energy management, business advisory services, consulting and contracting engineering. She has extensive experience in statutory and IT assurance, financial investments analysis and financial restructurings.
She also serves on other boards as an independent director.
Matsotso is the Chairperson of the Audit and Risk Committee.
Katlego Tlale (38)
(Independent)
BCom (Acc), CA(SA)
Katlego joined the Merafe
Board in December 2020.
He is currently the Group
Chief Financial Officer
of Letsema Group, a
black-owned professional
services firm which is part
of a diversified investment
company.
Prior to joining Letsema,
Katlego was employed by
Gold One Group Limited
where he managed group
reporting and treasury. He
completed his articles at
KPMG Inc. where he was a
member of the firm's mining
audit practice.
Katlego is a member of the Audit and Risk Committee.
Jeff Mclaughlan (65)
(Independent)
MBA, NDIP Elect, Cert Eng
Jeff joined the Merafe Board in May 2019. He holds a Master’s degree in Business Administration and Finance from the Open University, an Advanced Professional Management Programme from the University of South Africa (Unisa) and a National Diploma in Electrical and Instrumentation. He has more than 38 years’ experience in the South African mining sector including various roles at Middelburg Steel and Alloys Proprietary Limited, Consolidated Metallurgical Industries Limited, Xstrata South Africa Proprietary Limited and Glencore Operations South Africa Proprietary Limited. Jeff served two terms as President of the International Chrome Development Association and stood down in June 2017. He is a member of the Institute of Electrical and Mechanical Engineers, South Africa.
Jeff is Chairperson of the Remuneration Committee and serves on the Nomination Committee.
Nonhlanhla Mabusela-Aikhuere (48)
(Independent)
BCompt, CTA and CA(SA)
Nonhlanhla joined the Merafe Board in July 2021. Nonhlanhla is an ex-investment banker with more than ten years’ experience in project and structured finance transactions. She completed her accounting articles at KPMG Inc. where she spent a year in the corporate finance department. She spent four years of her career at Nedbank Capital as a senior transactor in the power, oil and gas project finance department. She has also held various Chief Executive Officer positions in the mining and mining services space.
She also serves as an independent member of the IDC Executive Credit and Investment Committee and as a member of the DBSA Infrastructure Fund Advisory Committee, and is also a board member of South African Forestry Company Limited.
Nonhlanhla is the Chairperson for the Social, Ethics and Transformation Committee and a member of the Audit and Risk Committee.
David McGluwa (49)
(Non-Independent)
BCom, Diploma in Treasury Management and Trade Finance...
David joined the Merafe Board in July 2021. David has held various senior roles at the Industrial Development Corporation (IDC) since 1999, prior to which he worked at First National Bank for four years. David was nominated to be director of the Board by the IDC, which has a 22% shareholding in Merafe.
David is a member of the Social, Ethics and Transformation Committee.
Daniel Green (36)
(Non-Independent)
CA(SA)
Daniel joined the Merafe Board as a non-independent non-executive director in November 2021. Daniel is a CA(SA) and has worked in banking, finance, marketing and mining corporate advisory for the past thirteen years, the last eight of which have been in a number of roles within the Glencore Group. Daniel is currently the head of Business Development for Glencore's Ferroalloys and South African Coal divisions
Daniel is a member of the Remuneration and Nomination Committee.