Salungano Group is committed to a just energy transition, evolving into a diversified investment group underpinned by ESG as we responsibly mine our current coal resources.

We are navigating the demands of the sector while looking at how we can unlock regenerative value, with a 360 degree perspective.

Mission

Salungano invests in companies that achieve superior returns underpinned by environmental, social and governance pillars to generate growth for stakeholders and dividends for shareholders.

About Us Mission
About Us Vision

Vision

To be a leading, black-owned, and black-led diversified investment group that adds transformational value to society.

Values

Salungano Group Values Accountability Icon

Accountability

Accountability to our staff, our investors and stakeholders drives our business.

Salungano Group Values Integrity Icon

Integrity

Principles and actions that are underpinned by honesty and ethical behaviour are integral to how we do business.

Salungano Group Values Dynamism Icon

Dynamism

We focus on our strategic evolution with high energy & vigour.

Salungano Group Values Fair Mindedness Icon

Fair-mindedness

We take a just approach to our strategic evolution as we seek solutions that will be sustainable, create decent work and social inclusion.

Salungano Group Values Innovation Icon

Innovation

We are continually seeking new opportunities that will add value to our people, the communities we operate in and our shareholders.

Board of Directors

Salungano Group Leadership Dr Humprey Mathe
Chairman, Independent Non-Executive Director

Dr Humphrey Mathe

MSc – Rhodes University, PhD – University of Natal

He is a member of the Board and Chairperson of the Social and Ethics Committee. Humphrey is a qualified geologist who is currently the CEO of Tranter Resources (Pty) Ltd. Previously he was the CEO of Scinta South Africa (Pty) Ltd, a coal resources company; the Executive General Manager of Corporate Services at Exxaro Resources Limited; and, prior to that, COO and Executive Director of Eyesizwe Coal (Pty) Ltd, where he was in charge of the Eyesizwe coal mines and growth opportunities.

He has worked in the mining industry all his life, and has in excess of 36 years’ experience. Among others, he worked as a Senior Geologist for Shell South Africa Minerals Division in southern Africa. While at Shell, he was part of the team that discovered the Goldridge gold deposit in the North West province of South Africa. He was the Project Manager and Chief Geologist for West Rand Consolidated Mines Limited where he was involved in the development and mining of the Kalahari Goldridge Mine. He was also the Chief Exploration Geologist for Harmony Gold Exploration involved in the exploration of various greenstone belts in southern Africa and Peru, South America. He had a stint as lecturer at the Geology Department of the University of Zululand, and was a finalist of Boss of the Year in 2008.

Salungano Group Leadership Robinson Ramaite
Group Chief Executive Officer

Robinson Ramaite

Master of Management (Public and Development  Management) – University of the Witwatersrand, BJuris – University of the North

Robinson is a former Director-General of the Department of Public Service and Administration and a former advisor to various ministers of parliament. He has been involved in the mining sector for more than 10 years and sits on the boards of various listed and non-listed companies.

Salungano Group Leadership Kabelo Maroga
Group Chief Financial Officer

Kabela Maroga

BCom Financial Accounting, BCompt – University of Pretoria, Hons/Certificate in the Theory of Accounting – University of KwaZulu-Natal, Graduate Diploma in Mining Engineering –University of the Witwatersrand

She is an Independent Director and Chairperson of the Audit and Risk Committee. Kabela is a qualified chartered accountant with more than 13 years’ experience in the corporate financial environment. She has held Management positions in various sectors and was the Chairman of Interactive Intelligence South Africa. She is Chairman of KEW ICT Outsourcing and serves on several other boards including Limpopo Economic Development Agency (LEDA) and Corridor Mining Resources.

Salungano Group Leadership Thivha Tshithavhane
Chief Executive Officer: Mining

Thivha Tshithavhane

He previously held the post of Executive Director – Business Development at the company.  He holds a (BSC Chemical Engineering (UCT), MDP (Unisa)

Thivha is a chemical Engineer with operational, process design and project management experience in the mineral processing industry spanning over 12 years. He has proven ability to manage multi-disciplinary projects and mining production operations while holding Senior Management positions (as Plant manager, Operations Manager and Works Manager) with Xstrata Alloys (Glencore Alloys). He has extensive experience in minerals projects development, mineral processing, plant design, and plant construction. He was General Manager of United Manganese of Kalahari (UMK); an operation consisting of opencast mine with a processing plant.

Salungano Group Leadership Eric Thuthukani Mzimela
Non-Executive

Eric Thuthukani Mzimela

Analytical Chemistry (DIPLOMA) M.Setlogelo-Technikon- Pretoria/MDP (UNISA). CPIR (Certificate Programme in Industrial Relations) WITS is a non-executive independent director.

He is a former banker and has an indirect shareholding in Wescoal. Eric is an entrepreneur with business experience dating back to 1981. He has qualifications in Analytical Chemistry and Industrial Relations.

Salungano Group Leadership Cecil Maswangwanyi
Non-Executive

Cecil Maswanganyi

B Compt. UNISA, MBL UNISA, Post-Graduate Diploma in Taxation, Advance Diploma in Management Accounting (CIMA) is a non-executive independent director. He has an accounting background with audit and tax skills, with diverse business, board and provincial government experience, dating back to 1989. He is currently CEO of Simeka Capital Holdings and has qualifications in commerce, tax and business administration.

Executive Management

Salungano Group Leadership Robinson Ramaite
Group CEO

Robinson Ramaite

Master of Management (Public and Development  Management) – University of the Witwatersrand, BJuris – University of the North

Robinson is a former Director-General of the Department of Public Service and Administration and a former advisor to various ministers of parliament. He has been involved in the mining sector for more than 10 years and sits on the boards of various listed and non-listed companies.

Salungano Group Leadership Kabelo Maroga
Group Chief Financial Officer

Kabela Maroga

BCom Financial Accounting, BCompt – University of Pretoria, Hons/Certificate in the Theory of Accounting – University of KwaZulu-Natal, Graduate Diploma in Mining Engineering –University of the Witwatersrand

She is an Independent Director and Chairperson of the Audit and Risk Committee. Kabela is a qualified chartered accountant with more than 13 years’ experience in the corporate financial environment. She has held Management positions in various sectors and was the Chairman of Interactive Intelligence South Africa. She is Chairman of KEW ICT Outsourcing and serves on several other boards including Limpopo Economic Development Agency (LEDA) and Corridor Mining Resources.

Salungano Group Leadership Thivha Tshithavhane
Chief Executive Officer: Mining

Thivha Tshithavhane

He previously held the post of Executive Director – Business Development at the company.  He holds a (BSC Chemical Engineering (UCT), MDP (Unisa)

Thivha is a chemical Engineer with operational, process design and project management experience in the mineral processing industry spanning over 12 years. He has proven ability to manage multi-disciplinary projects and mining production operations while holding Senior Management positions (as Plant manager, Operations Manager and Works Manager) with Xstrata Alloys (Glencore Alloys). He has extensive experience in minerals projects development, mineral processing, plant design, and plant construction. He was General Manager of United Manganese of Kalahari (UMK); an operation consisting of opencast mine with a processing plant.

Salungano Group Leadership Enos Lentsoane
Executive Head: Commercial and Investments

Enos Lentsoane

BSc (Hons) – University of Cape Town, Master of Management in Finance and Investment (cum laude) – Wits University

Mr Enos Lentsoane was appointed the Executive Head of Commercial and Investments effective 1 May 2019. He has over 12 years’ investment banking experience, with the latter six (6) years focusing on mining advisory at Nedbank Limited’s Corporate and Investment Banking division (“Nedbank”) and Cinga Capital Proprietary Limited. During his time at Nedbank, Mr Lentsoane advised Wescoal on a number of transactions including among others, the black economic empowerment (“BEE”) transaction that saw the company becoming majority black-owned, the acquisition of Keaton Energy Holdings Limited (“Keaton”) and various capital raising transactions. His duties encompass the entire corporate finance value chain, with a strong mix of operational and strategic aspects relating to the company’s organic (internal growth options) and inorganic growth strategy (mergers and acquisitions).

Salungano Group Leadership Freddy Ndou
Executive Head: Corporate Services

Freddy Ndou

Freddy Ndou holds a BA in Communication Science from the University of South Africa, a National Higher Diploma (T4) in Electrical Engineering from Technikon Witwatersrand (now University of Johannesburg). He has completed an Advanced Management Programme from Harvard Business School, a Global Executive Development Programme from Gordon Institute of Business Science (GIBS) and the Graduate Programme in Utility Management from Samford Business School.

He is a seasoned Corporate Executive with specialisation in strategy and planning with more than 25 years in the energy industry. He has experience in both General Management, Strategy Development, Corporate Planning and Project and Programme management with extensive experience in product development and commercialisation. His engineering background rounds off his balanced profile. Freddy has been a Divisional Executive – Strategy Support at Eskom Holdings with a primary responsibility of leading and developing the Eskom Strategy, Corporate Plan, Shareholder Compact and development of company mandates; and for ensuring alignment of subsidiaries and all divisions to Eskom strategy and plan until December 2018.

Salungano Group Leadership Nozie Lubanga
Compliance and Risk Officer

Nozie Lubanga

National Diploma in Internal Auditing, B.Com Degree in Internal Auditing, Executive Development Program

Overall, Nozi has 18 years’ experience in internal auditing, compliance and risk management. She started her career at Thompson & Company as an Accountant and further moved to Statistics SA in a similar role. As of 2002, she began her career in internal auditing leading to her holding the Chief Audit Executive at Sport and Recreation South Africa. Her most recent position was Head of Risk and Compliance for Royal Bafokeng Platinum Mine.

Nozi has extensive experience in Enterprise Risk Management (ERM), Risk Management and Strategy, Compliance Management, Financial Management, Ethics Management, Fraud Management as well as policies & processes. She is currently busy with her B.Com Honours in Internal Auditing as well as her MBA.

Our Business

Strategy

Salungano Group has been and will remain substantially invested in coal. However, it will be a reducing component of our investment portfolio as we mine the reserves at our existing coal mines.