Naspers SA hires Phuthi Mahanyele-Dabengwa as CEO
Naspers has created a new executive position to manage its South African business.
JOHANNESBURG - Naspers has announced Phuthi Mahanyele-Dabengwa would join the company's global management team as CEO, South Africa.
Mahanyele-Dabengwa (48) would be based in Johannesburg and would head the group’s day-to-day business in South Africa. She would also be responsible for Naspers’ recently announced units, Naspers Foundry and Naspers Labs.
Naspers said through a statement on Wednesday that Mahanyele-Dabengwa would report to Bob van Dijk, Group CEO of Naspers.
Naspers Foundry is a R1.4 billion company targeting technology start-ups in South Africa.
Mahanyele-Dabengwa joined Naspers from her executive chairperson role at Sigma Capital, a privately held, majority-black owned investment group.
"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," said Mahanyele-Dabengwa.