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List of Fellows:

Ghana Class
Mozambique Class
East Africa Class
South Africa Inaugural Class
South Africa Kahlipha Class
South Africa Kilimanjaro Class
West Africa Class
South Africa Seriti Class

South Africa Kilimanjaro Class


Mothomang Diaho
National Programme Manager, HIV/AIDS and Poverty Programme, UNDP. Mothomang is a medical doctor with diplomas in child health, tropical medicine and hygiene, public health, and she also holds a Masters in Business. Mothomang was educated at the University of Adelaide, (Australia), the South Africa College of Medicine, University of the Witwatersrand (South Africa), and Harvard Business School (U.S). Following her business degree, she gained management experience by consulting with Abt Associates and working on the Leadership Development Programme at Sasol. Mothomang first developed an awareness of, and interest in, the field of HIV&AIDS care when she was working in Swaziland in the late 1980s. There, the epidemic became a vivid reality to her, and from then on, her passion. Her approach to her work includes an ethic of sending a message of hope in everything her office undertakes, with an effort to avoid negativity and despair. Mothomang also has extensive clinical and management experience, including serving as a medical officer in Soweto, Alexandra, Cape Town, Swaziland, and Lesotho. Mothomang's personal qualities are of someone who is soft-spoken and thoughtful. She is constantly seeking a balance between her professional life, her family, her community, and her spiritual self. Mothomang believes in building and growing human capacity among young leaders, and she mentors a number of young people. Her recent training on emotional intelligence and leadership, through both the UNDP and Gestalt Institute of Cleveland, have equipped her with the tools to confront development challenges. She serves as a Member of The Association of Right to Care, and sits on the selection panel of the Harvard South Africa Fellowship Programme. Mothomang is most proud of her role as a mother.

Roger Dickinson
National Programme Manager, HOPE Worldwide. Born and educated in Johannesburg, Roger Dickinson is the National Program Manager for HIV/AIDS prevention at HOPE Worldwide South Africa, a leading NGO in the HIV/AIDS field. Roger worked with faith based organisations in four African countries before joining HOPE Worldwide in 2001 as a Community Mobilisation Coordinator for the Orphan and Vulnerable Children Program. Roger has also been involved in facilitating the creation and operations of large community based networks of schools and FBOs responding to HIV/AIDS. He created and developed the innovative HIV-Competence Framework currently being rolled out across Africa. He enjoys writing and reading and is in the process of publishing a children's book aimed at creating a unique African mythology.

Adrian Enthoven
Chief Executive Officer, Spier Group. Adrian Enthoven is an Executive Director of Capricorn Ventures International, an international investment banking group focused on insurance, financial services, restaurants, leisure, and wine. He is also the CEO of the Spier Group, managing the South African based tourism, property and wine assets in the group. In the early nineties, he worked as a facilitator in the Metropolitan Chamber, a multi-party negotiating forum responsible for the democratization of Greater Johannesburg. During 1995, he worked as a special advisor to the Elections Task Group, a national body responsible for co-ordinating the first non-racial, local government elections in South Africa. He was educated at Oxford University (BA Hons in Politics, Philosophy, and Economics, and PhD in Political Science). He is passionate about the challenges of corporate citizenship/responsible business and the African Renaissance. He is married with four children and lives in Stellenbosch on the Western Cape.


Karl Flowers

Managing Director, Tour Africa Investments/Non-Executive Director, African Retail Experience. Karl Flowers early education was marked by a shift from disillusionment to the pursuit of excellence inspired by principled, un-limited, and selfless community leaders. He qualified as a chartered accountant in 1991 and is a past Vice-Chairperson (Western Cape) and National Executive Member of the Association for the Advancement of Black Accountants of South Africa. He worked as a management consultant for Deloitte & Touche and Bain & Company in Cape Town, Johannesburg, Dallas, and Chicago. In 1998 he founded Pyxis Capital Management, a firm focusing on evaluating private equity opportunities and providing strategy-consulting services in the tourism, banking, oil and media sectors. He is the Managing Director of Tour Africa Investments, and is a non-executive director of African Retail Experience, both of which have a tourism focus. He is currently on a "part-time" sabbatical: he is a trustee of an education trust, attends yoga and ceramic classes, travels and reads widely.

Ferial Haffajee
Editor in Chief, Mail & Guardian. Ferial Haffajee assumed the position of Editor in Chief of Mail & Guardian (M&G) in February 2004. She is the newspaper's fifth editor, and the first woman to rise to that position. Previously, she worked at Financial Mail as Senior Editor responsible for political reporting she covered the presidency and the tripartite alliance. She has also worked at the SABC (South African Broadcasting Corporation) as a radio producer and television reporter. But the pen has always beckoned - she cut her teeth at the M&G as a cub reporter and served the newspaper as Media Editor, Economics Writer and Associate Editor before assuming the hot seat. Her part time passions include training young journalists, political risk analysis, and training various organisations in media skills. She is a board member of the Health-E News Agency and of M&G Publishing, and a BA graduate of the University of the Witwatersrand. Ferial is a judge for the annual Mondi magazine awards, the Vuka advertising awards, the Black Business Quarterly BEE awards and the Inter-Press Service's awards for correspondents of the year. She was a winner, in 2004, of the Shoprite-Checkers women of the year awards in the media category; one of the The Media magazine's top 10 women in media for the same year and received a recognition award from the Black Management Forum's Gauteng region.


Anthea Houston

Executive Director, Development Action Group. Development Action Group is a Cape Town based non-profit company active in the field of community based housing and urban development. Anthea serves on a reference group for the Minister of Local Government and Housing in the Western Cape and has been an activist in her local community and in South Africa's development sector for 20 years. She studied banking, but left the banking sector in 1995, after eight years with Standard Bank of South Africa. She has a Postgraduate Diploma from the University of Cape Town in Management: Organisation and Management. Anthea is passionate about social justice and leadership in the non profit sector.

Ann Lamont
Chief Executive of Mindset Network, a multimedia satellite television network. Mindset is part of the solution for addressing South Africa's key education challenges in the areas of schooling, HIV/Aids as well as entrepreneurship. Ann graduated from the University of the Witwatersrand with a BA LLB. At 22 she began working in corporate finance at Rand Merchant Bank. She was the first woman and the youngest person in the area and was quickly promoted. She then joined Monitor Company, an international management consulting firm, where she became a senior consultant and honed her skills in business and strategy. Both of Ann's parents are teachers and she has always wanted to work with children. Consequently she joined SMC Kidz as marketing director. The organisation produced publications for Disney and Marvel and as a result she did a great deal of research into the South African children's market. The company went into liquidation and at this stage she took over as managing director and turned the company around. Five years ago she became committed to creating an educational network to reach disadvantaged children in South Africa and Africa. She had a vision to link education via television, computer and media initiatives. She joined Learning Channel as a consultant and was then offered the position of chief executive where she restructured the business and brought in a new shareholder. Ann was then invited by Hylton Appelbaum, Executive Director of the Liberty Foundation, to join him in creating and refining his vision for Mindset Network. Ann's specific area of interest is how technology integrates with human processes on the ground to create a mass technological and human network to ensure human and social change. Ann is currently participating in the Senior Fellows Programme. She is a mother of a 7-year-old son, Joshua. She has a keen interest in reading and sports and has been inducted in the Sporting Hall of Fame for her swimming achievements.

Chief Emmanuel Lediga
Founder & Chairman, Legae Securities (Pty) Ltd. Chief Emmanuel Lediga was born and bred in Johannesburg, South Africa. His 15-year working life has been dominated by excellence in journalism, financial markets, entrepreneurship, and black economic empowerment. He matriculated with distinction in 1987 as a top student and went on to complete a Bachelor of Commerce degree with Wits University, majoring in Finance and Marketing. He also completed his stockbrokers' exams there. He started work as Financial Reporter with the Star newspaper where he covered stock-markets and small business, for which he got an award. Financial markets beckoned and Chief joined stockbrokers SMK (now Nedcor Securities) as the first black dealer in the 116-year history of the stock exchange and later moved to research where he was the assistant to the Chief Economist covering the economy and politics before and after the 1994 elections, earning a high place in the Financial Mail ranking of analysts. In 1996, after returning from a stint in London with a global investment bank, the entrepreneurial bug bit him and he founded Legae Securities, the first black owner-managed stock-broking firm in the history of the stock-market together with HSBC, the huge global banking group. He expanded the business rapidly to include equities, bonds, private clients, and listings whilst managing its growing staff. Being one of the pioneers of empowerment, he was intimately involved in the listings of empowerment groups such as New Africa Investments (Nail), African Harvest, Brimstone, and lately, Telkom. He also got involved in initiatives such as the BEE Commission Report and the Finance Sector Charter, and was deputy president of ABSIP, a lobby group for black investment professionals. After seven years managing Legae Securities he stepped down in early 2003, became Chairman, and later started to get involved in other directorships and empowerment transactions. In 2000 he accompanied President Thabo Mbeki on his state visit to the United States where they met, among others, former President Bill Clinton. Chief has over the years written about business and personal finance and hosted a radio show on these issues at Metro FM. He has been a featured in international media such as The Financial Times, Wall Street Journal, BBC TV, CNN, Austrian TV and others. He enjoys music and a good conversation.

Justice Malala

Founder of SesaMedia. Justice Malala is the Founding Editor of This Day, the acclaimed national quality daily newspaper that folded in October 2004 due to financial difficulties. Malala was trained at the Independent School of Journalism and joined The Star as a general reporter in 1993. He went on to become the newspaper's Education Reporter, Labour Reporter, Provincial Correspondent and Political Correspondent. He joined the Financial Mail in 1997 as a senior writer covering parliament and politics and was awarded the Foreign Correspondents Association's Award for Outstanding Journalism later that year. In 1997 Malala also won the Adult Basic Education Book of the Year Award for his novella, Before the Rains Come. Malala joined The Sunday Times' political team as a senior writer in late 1998. He spent four months covering President Thabo Mbeki's 1999 election campaign. He was appointed London correspondent of the Sunday Times in December 1999. In May 2002 Malala moved to New York where he established the newspaper's bureau. Malala has written regular political columns for The Star and The Sunday Times, a television column for The Star Tonight! and a foreign affairs column for The Sunday Times. He has contributed articles to a large number of South African publications ranging from Y Magazine, Enterprise, Sunday Independent, and Femina to various specialist publications. His work has been published internationally in newspapers such as The Guardian, The Independent, Forbes and The Observer. He has also contributed to BBC Online and Deutsche Welle. Malala holds a BA in Politics and English from the University of South Africa and numerous journalism diplomas. He runs his own media company, SesaMedia, based in Johannesburg.


Henry Malinga
Chief Director, Supply Chain Policy, National Treasury of the Republic of South Africa. Henry Malinga is responsible for the procurement reform process of the South African Government. His other responsibilities are to develop policies for Supply Chain and determine best practices in line with new developments in procurement. Prior to joining the public sector, he spent 11 years with South Africa's largest gold mine (Anglogold), as Procurement Manager. He has also served three other organisations in various positions, for example Agricultural Corporation as Accountant, City Council as Auditor, and at a bank as Financial Advisor. He has spoken at numerous platforms on Supply Chain Management in Government, both in South Africa and in other countries. He represented the South African Government at the World Bank/DAC/OECD Roundtable, and is currently spearheading a project to create a cadrč for Supply Chain Management both in the national government and local government (municipalities) in South Africa.

Lumkile Mondi

Chief Economist and Executive Vice-President for Professional Services, Industrial Development Corporation (IDC). Mr Mondi's role is to strategically lead and manage the professional services division of the IDC. He has more than eleven years of postgraduate experience and over seven years working in financial markets. Prior to his promotion in July 2004 Mr. Mondi held the position of the Head of Research and Information Department as Chief Economist and his key responsibilities were: to oversee the analyses of the macro and micro economic environment (business, economic, industry and policy) globally and locally: to synthesise and interpret the information into strategic intelligence for the IDC, its stakeholders and its clients. He writes, presents and comments on radio, print media and television on political economy. Mr Mondi is a member of the Association of Black Securities and Investment Professionals (ABSIP), an affiliate of the Black Business Council. His responsibilities include developing and positioning the BBC's economic stance with the goal of strengthening the SME sector that is a key in resolving the unemployment problem that South Africa faces.

 

Futhi Mtoba

Chairman of the Board, Deloitte South Africa. She is a CA (SA), holding a Higher Diploma in Banking Law (Rand Afrikaans University); B Compt (Hons) (University of South Africa); BA (Econ) (Hons) (University of South Africa); BA (Econ) (University of Botswana and Swaziland).Futhi joined Deloitte South Africa in 1988 and rose up the ranks and holds the honour of being the first African black woman to be appointed as a Partner by one of the top four accounting firms in South Africa, first black woman to be appointed to the board at Deloitte and recently, was appointed as the first woman Chairman of Deloitte Southern Africa. She also serves on the boards of high profile financial services institutions, such as the Financial Services Advisory Board and the Money Laundering Advisory Board, to mention a few. She is an active participant on a number of government and quasi-government bodies. Her experience includes managing the audits of large corporate treasuries, local and international financial institutions, including the treasury of a large parastatal organisation. Futhi is the first woman National President of the Association for the Advancement of Accountants in Southern Africa (ABASA) and the past Chairman of the Johannesburg Branch of ABASA. Futhi is a past board member of the South African Institute of Chartered Accountants and is further involved in the transformation of SAICA as a Board member of Thuthuka. . She is also one of the four Vice Presidents of Business Unity South Africa (BUSA). She previously led the Black Business Council Economic Research Unit and was also a member of the Black Business Council Presidential Working Group, which provided policy input to government's macro economic framework. Futhi serves as Director and Chairman of the Investment Committee of the Public Investment Corporation (PIC) with assets under management of R400 billion (US$ 60 billion). The Public Investment Corporation (PIC) is a non-banking financial intermediary responsible for the investment of social security and trust funds, but more particularly, for the investment of public sector pension and provident funds entrusted to it or placed with it. She was a member of the financial sector-working group that was responsible for the formulation of the Financial Sector Transformation Charter which provides a framework and establishes the principles upon which Black Economic Empowerment will be implemented in the financial services sector. A milestone in the South African history. She is a member of the NEPAD Business Group, which works with the NEPAD Secretariat to develop effective public-private partnerships to support the New Partnership. She is also a Convenor of the East Central Southern African Federation of Accountants (ECSAFA) NEPAD Committee. She is the Trustee of WDB trust. The WDB trust is a woman centred socio-economic development programme targeting poor women by their building capacities through access to reliable financial services, appropriate business skills and technical support as well as information and communication technology training. She was honoured as "2004 Business Woman of the Year" by the Businesswomen Association and Nedbank.

Ayanda Ntsaluba
Director General, Department of Foreign Affairs. Dr. Ayanda Ntsaluba was born in the Eastern Cape on 31 May 1960 and completed his primary and secondary schooling there. He matriculated in 1976 at St John's College in Umtata, and the following year registered for a medical degree with the University of Natal (Durban). Graduating with MBChB in 1982, Dr. Ntsaluba did his internship at Umtata General Hospital, where he stayed until September 1985, when a period of detention and solitary confinement interrupted his work. On release from detention he felt compelled to leave the country and go into exile. It was six years before he came home to stay and resume his plans to specialise in obstetrics and gynaecology. During his years in exile, Dr. Ntsaluba had the opportunity to study International Relations, Political Economy, and Philosophy at the Moscow Institute of Social Science. He spent most of those years, however, in Southern and East Africa -- in Zambia, Angola, Tanzania, and Uganda -- working in numerous health facilities, primarily attending to the health needs of the scattered community of South African exiles. In 1990, Dr. Ntsaluba moved to London, where he completed an MSc in Health Policy, Planning, and Financing at the London School of Economics (University of London). His studies were funded through a Nelson Mandela Award, sponsored by the Students Union of the LSE. Between 1991-1995, Dr. Ntsaluba undertook his specialist training in obstetrics and gynaecology, and upon completion, he was admitted as a Fellow of the College of Obstetrics and Gynaecology of South Africa. In June 1995, Dr Ntsaluba was appointed as Deputy Director-General for Policy and Planning in the national Department of Health. In June 1998, Dr. Ntsaluba was appointed Acting Director-General of Health, and three months later was confirmed as Director-General. He has served on a number of statutory bodies and represented South Africa in numerous international forums. He also chaired the Steering Committee of the South African AIDS Vaccine Initiative and served as a member of one of the working groups of the World Health Organisation Commission on Macro-Economics and Health. In September 2003, Dr. Ntsaluba was appointed Director-General of Foreign Affairs of the Republic of South Africa.

Dele Olojede
Winner of the Pulitzer Prize for International Reporting in 2005 for his extended examination of post-genocide Rwanda, Dele Olojede is now Executive Chairman, Timbuktu Media Plc. Timbuktu Media, a start-up based in Johannesburg and Lagos that seeks to invest in existing media properties throughout Africa as well as develop new ones. Timbuktu is focused primarily on media that provide a common platform for the business, political, and cultural elite of Africa and its Diaspora. For nearly a quarter-century, Olojede had been a reporter, foreign correspondent, and editor on three continents. In December 2004 he ended a 16-year stretch at Newsday, the New York newspaper where his last major role was as Foreign Editor, a position from which he supervised the paper's correspondents in five overseas bureaus, in Mexico City, Beijing, Jerusalem, Johannesburg and Moscow. Prior to that, Olojede served as Asia Bureau Chief for the newspaper, based in Beijing, from which he reported on East and Southeast Asia. He was also Africa Bureau Chief, based in Johannesburg, and reported from almost every country on the continent. He was Newsday's United Nations correspondent, and has had a variety of other reporting assignments since he joined the paper in June 1988. Olojede began his reporting career in his native Nigeria in 1982, after graduating from the University of Lagos, from which he holds a BS in Mass Communication. Olojede moved to the United States in 1987 to attend the Columbia University Graduate School of Journalism, where he earned a Masters in Journalism. In the summer of 2003, he completed the Management Development Program at the Media Management Center of the Kellogg School of Management at Northwestern University. Olojede is a member of the board of the National Press Foundation in Washington. He has served twice on the jury of the Pulitzer Prizes as well as the Alicia Paterson Foundation. He was Times Mirror Journalist of the Year in 1997, and has won, among other awards, the Newsday Publisher's Award four times as a reporter, and was Editor of the Year in 2002. He is a Ford Foundation Grantee. He and his wife, Amma, have two daughters. He plays golf.

Lindiwe Sangweni-Siddo
Founder member and co-owner of Zuka African Tourism and Investment Corporation (ZATIC) (Pty) Ltd. Lindiwe's career with Hyatt was launched at the Grand Hyatt, Washington DC, in 1995. Lindiwe then joined the Park Hyatt Hotel in Rosebank from 1995 until the end of 2000. In 2001, Lindiwe made the transition to the Department of Environmental Affairs and Tourism as Chief Director, Tourism Support, where her responsibility lay in quality assurance of the tourism sector as well as international and inter-governmental liaison. A year later, Lindiwe's re-entry into the hospitality industry was with the Southern Sun Hotel group, where she held the position of General Manager of the group's flagship, the InterContinental Sandton Towers hotel. At the end of 2004, Lindiwe left the Southern Sun Hotel group. She has since launched the Zuka African Tourism and Investment Corporation (ZATIC) (Pty) Ltd, as founder member and co-owner. This entity focuses on investment opportunities in the tourism industry, as well as the acquisition and management of hotels and resorts in South Africa and the rest of the continent. Lindiwe also serves on the boards of the South African Weather Services (SAWS), as Chairperson HR and Remuneration Committee, the Sandton Tourism Association (STA) and the South African Tourism board as a Director.

Alwyn Smith
Executive, Supply Chain Management, Barloworld Logistics. In August 2004, Alwyn was appointed Executive - Supply Chain Management at Barloworld Logistics, a division of the Barloworld Group. His main responsibilities are the leveraged inventory business unit and Black Economic Empowerment in the division. Previously, he spent ten years at Barloworld Steel Tube, first as a divisional Financial Director, and for the last seven years as Managing Director of Barloworld Stainless. He is currently the Chairman of the South African Stainless Steel Development Association (Sassda). After being Head Boy of the school and boarding schools, Alwyn matriculated at Paul Roos Gymnasium in 1983 and completed a BA in Accountancy at the University of Stellenbosch. In 1987 he won a Rhodes Scholarship and read M.Phil (Management Studies) at Oxford University's Templeton College. Having attended the University of Stellenbosch on a Rand Mines Bursary, his relationship with the Barloworld Group exceeds 22 years. Although in the early nineties he did spend three years in Kortrijk, Belgium as financial manager of a Belgian family owned industrial group. He met his wife Julie, who was raised in Malta, during his student days in England. They have a daughter and a son aged 7 and 5 respectively. He plays tennis and loves fishing and reading non-fiction.

Heather Sonn
Chief Executive Officer, Legae Securities (Pty) Ltd. BA Smith College (US); MSc Georgetown University (US). Heather spent a substantial part of her working life in the United States, where she worked for Merrill Lynch as an Investment Banker in New York until 1999. She returned to South Africa and was employed by Gensec Asset Management, which later became Sanlam Investment Management (SIM). She started out internally focused on the fund management process. She later worked in institutional marketing and was responsible for the development of the empowerment strategy and oversaw its implementation. During this time she built critical relationships with major pension funds and many of the empowerment players in the investment sector. She joined Legae Securities in January 2003, which is the first black stockbroking JSE member firm, established in 1996. The company is currently 88% black, and 50% women, with women holding most of the key positions. Legae was voted the 'Top Unlisted BEE Company' in the 2004 BusinessMap Foundation BEE awards. The criteria were a combination of sound and profitable financial operations, along with a track record of sustainability and outstanding empowerment credentials. In December 2003, Heather was voted by Mail & Guardian as one of the top 100 people to watch in South Africa in the coming decade.

 

Rhonda Stewart

Founder, Stratfund Asset Consulting. Rhonda Stewart is a specialist in the fields of Fund Management and Corporate Governance. She has more than twenty years experience in the financial markets, with organizations ranging from Foord Asset Management to Syfrets and Alexander Forbes, where she was a Senior Director of International Asset Consulting and Investment Solutions. She founded Stratfund Asset Consulting in 1999, to provide Investment Strategies for Institutional Investors. This was followed by the establishment of a Corporate Governance Consultancy, aimed at raising the standard of Governance in companies who focus on attracting Foreign Direct Investment and Portfolio Flows into Africa. As a group, Stratfund provides an investment hub of information, research and due diligence on African investments. Rhonda is a Trustee of various pension funds, including the National Productivity Institute and the Investment Committee of the Government Employees Pension Fund. Over the years, she has advised a number of trade unions on their investments and has utilised her experience to assist charitable foundations, community projects and relief funds. She is a strong proponent of socially responsible investments and established the Kotulo Trust together with a group of women who hold similar aspirations - to assist South African women to become skilled and self sufficient. She lives in Johannesburg and is married to Axel Kompat, who works in the Film Industry.

Logan Wort

Chief Operating Officer in the National Treasury where he is responsible for strategic positioning, management coordination and risk management within the department. He also manages the communications, media and public image of the National Treasury and the Ministry of Finance. This role requires him to inform public discourse in a meaningful way, either through interactions with the media or through direct measures of intervention with the citizenry, about how the Finance Ministry operates collectively as institutions of government and the execution of their legislative mandate through a series of complex processes which seek to ensure economic prosperity and stability for South Africa as an emerging economy and to protect its fiscal sovereignty. Logan Wort previously headed the Finance and Investment Sector of the Southern Africa Development Community (SADC), where he was responsible for macroeconomic convergence, development finance and trade and investment promotion. Logan Wort was born in Cape Town where he pursued part-time studies ten years after leaving school. His leadership experience was shaped by his involvement in the struggle against the Apartheid State where he served in leadership positions in a range of mass democratic movement organisations for many years. During this time Logan Wort was arrested and detained without trail spending a combined period of two years in Apartheid prisons. Logan Wort studied political science and sociology and holds a Masters Degree in Public Administration. He lives with his wife and two children.

 

Gavin Yeats

Gavin Yeats had his early upbringing in Lesotho and Zululand, where his family were traders. Schooled at Hilton College and DHS in Durban, he completed a BA degree majoring in English and History, followed by a Law degree at the University of Natal (Pietermaritzburg). A fascination for the commercial world led Yeats to invest in a cash and carry operation. This investment evolved into a foodservice business with branches in the major commercial centres of Kwa-Zulu Natal. This group was later sold to the Caterplus Division of Bidvest. Yeats then purchased Columbus Hygiene Systems from the Unilever group. This business manufactures cleaning equipment, chemicals, and polishes for the local market as well as exports to Europe. He then made a further investment in an electrical manufacturing and distribution business - Matelec Pty Ltd. This business is the market leader in the low cost lighting and switch arena. It exports into Africa as well as the UK and Australia. The management has developed an outsourced assembly model over a number of years, which they believe will be particularly beneficial to the SA market. In 2000, Yeats and a group of investors purchased Vereeniging Refractories from Anglo American. This business was founded by Sammy Marks in 1878 and remains the market leader in refractory supply to the mining industry in sub-Saharan Africa. The business exports refractories and fused grain materials throughout the world. In a further divestment from Anglo American, Yeats, in partnership with Samancor, purchased the Marico Chrome Mine. The chromite is exported to the Americas, Europe and Asia. International investments include an electrical distribution business in Australia, and an investment in a cotton trading and ginning company. This business has ginneries in Uganda, Malawi, Zimbabwe and South Africa. Yeats has been married to Penny Mills for 11 years and has three children - Sarah, Julian and Samantha. Yeats enjoys reading and travel. He is an avid, albeit poor, golfer and cyclist.
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