Operation Phumelela
The South African Financial Sector Competitiveness Taskforce
- Enabling a regional financial hub
- Job creation
- Economic growth
- Deepening capital markets
Summary of lekgotla discussions
The inaugural Operation Phumelela lekgotla, held on 2 June 2025 at the JSE, brought together senior leaders from industry and government, including regulators, to develop proposals aimed at strengthening the competitiveness of South Africa’s financial sector.
Steering Committee
Dr Leila Fourie
Chief Executive Officer, Johannesburg Stock Exchange
Daniel Mminele
Nedbank Independent Chairperson
Professor Michael Katz
Chairperson, ENSafrica
JJ Durand
Chief Executive Officer, Remgro Limited
Ezra Davids
Chairperson and Senior Partner, Bowmans
Vuyo Ntoi
Co-managing Director, African Infrastructure Investment Managers (AIIM)
Johan Holtzhausen
Chairperson, PSG Capital
Iain Williamson
Chief Executive Officer, Old Mutual Limited
Valdene Reddy
Director of Capital Markets, Johannesburg Stock Exchange
Samuel Mokorosi
Head of Origination and Deals, Johannesburg Stock Exchange
Dr Stuart Theobald
Chairperson, Krutham
