Naspers flips the script with black woman as CEO
Phuti Mahanyele-Dabengwa has connections at the top, having been CEO of Shanduka Group
A little more than 100 years ago, Naspers was created by white South Africans to produce a Dutch-language newspaper. Now, Naspers, the continent’s biggest company, has just named its first woman, and first black person, as CEO.
Phuti Mahanyele-Dabengwa’s appointment to head the South African unit does not just buck the trend of white, male directors at Naspers. Only one black woman now runs a top 40-listed company on the JSE and only seven men of colour do. The new Naspers unit will not be traded, at least not right away, and includes e-commerce, food delivery, newspapers and online media.