Abiel joined the Merafe
Board as an independent
non-executive director
in September 2010 and
became Chairperson in May
2019. He was previously
the President and Chief
Executive Officer of Mintek,
a state-owned enterprise
responsible for mineral
extraction technologies and
beneficiation. Abiel also
served on several boards
of state-owned institutions
involved in the mining sector.
Of late he has been the
board Chairperson at the
South African Diamond and
Precious Metals Regulator
(SADPMR) and a director at
Tshikululu Social Investment.
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.
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.
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.
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.
Executive Development
Programme (GIBS),
B.Comm, Corporate
Credit Analysis (New
York Institute of Finance)
Age
49
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.
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
Ditshebo Stephen ("Steve") joined the Merafe Board in February 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).
Zanele joined the Merafe Board in 2005 as an independent non-executive director. She was appointed Merafe's Chief Financial Officer on 1 October 2010 and Chief Executive Officer on 1 June 2012. She is a non-executive director of Dipula Income Fund, Stefanutti Stocks Holdings Limited and RAC Limited.
Ditabe joined Merafe in August
2018, having previously been
the Company’s Chief Financial
Officer in 2013 and 2014. Ditabe
is a qualified South African
Chartered Accountant and
he has extensive experience
in financial and investment
management gained during his
tenure at various companies
including Uranium One Limited,
the Industrial Development
Corporation of SA Limited
and Zico Capital Proprietary
Limited. He also served as Chief
Financial Officer of MultiChoice
Africa Proprietary Limited
(MultiChoice) and subsequently
served as Chief Financial Officer
and Chief Operating Officer
of DSTV Online, a division of
MultiChoice in 2012
Note regarding the Company Secretary
The Company Secretary fulfils no executive management function and is not a director and
provides services on an outsourced
basis. Accordingly, the Board is satisfied that the Company Secretary maintains an arm’s-length
relationship with the executive
team, the Board and the individual directors.