Bongani Nqwababa
Mr. Bongani Nqwababa, BAcc (Honours), FCA, MBA is a South African with over 30 years global experience in the energy, mining and petrochemical sectors, Mr. Nqwababa holds an Honours degree in Accounting from the University of Zimbabwe and qualified as a chartered accountant in Zimbabwe in 1991, after training with Price Waterhouse Coopers. He also obtained a Master’s Degree in Business Administration with Merit jointly awarded by the Universities of Manchester and Wales, Bangor in 1999. He was Joint-Chief Executive Officer and Joint-President at Sasol Ltd and Chief Financial Officer and Executive Director of Shell Southern Africa, Eskom Limited, Anglo American Platinum and Sasol Limited. He is the founder of BN Africa Capital (Pty) Ltd which has a focus on investments in his areas of expertise in Africa.
He was a Commissioner on the World Bank paper on “Carbon Pricing and Competitiveness” presented to the UN in September 2019. He was also previously Chairman of the South African Revenue Services (SARS) Audit Committee (2007-2014) and Non-Executive Director of Old Mutual plc (2008-2014).
He is currently Chairman of Babcock Engineering in South Africa, Senior Advisor of leading global consulting firm BCG and Non-Executive Director of DBSA (Development Bank of South Africa) a Development Finance Institute (DFI), Harmony Gold Mining Limited, African Rainbow Minerals Limited and Discovery Bank. He was the Infrastructure lead for Business South Africa’s COVID-19 economic recovery response. This entailed minimizing negative impacts of electricity, liquid fuels, telecommunications, water and sanitation during the pandemic and formulating South Africa’s Economic recovery plan in these sectors. He currently Chairs South Africa’s Infrastructure Fund Strategic Advisory Committee(IFSAC).
He was a Commissioner on the World Bank paper on “Carbon Pricing and
Competitiveness” presented to the UN in September 2019. He was also previously
Chairman of the South African Revenue Services (SARS) Audit Committee
(2007-2014) and Non-Executive Director of Old Mutual plc (2008-2014).
He is currently Chairman of Babcock Engineering in South Africa, Senior Advisor
of leading global consulting firm BCG and Non-Executive Director of DBSA
(Development Bank of South Africa) a Development Finance Institute (DFI),
Harmony Gold Mining Limited, African Rainbow Minerals Limited and Discovery
Bank. He was the Infrastructure lead for Business South Africa’s COVID-19
economic recovery response. This entailed minimizing negative impacts of
electricity, liquid fuels, telecommunications, water and sanitation during the
pandemic and formulating South Africa’s Economic recovery plan in these
sectors. He currently Chairs South Africa’s Infrastructure Fund Strategic
Advisory Committee(IFSAC).
Safety performance significantly improved in all measures. Kept costs flat in real terms for 5 years. Improved gender and race diversity at senior levels (VP and above by 15%). Operations delivery against plan over 92%. Delivered value-driven strategy at capital markets day in 2017. Climate change strategy and short-term targets delivered in 2019. Commenced culture transformation in 2017 to move from “command and control” to “collaborative and respect” in delivering results. Leadership style also changed from disempowering to empowering.
Positive growth.
Nature, in common sense, refers to essences unchanged by man; space, the air, the river, and the leaf. Art is applied to the mixture of his will with the same things, as in a house, a canal, a statue, or a picture. But his operations taken together are so insignificant, a little chipping, baking, patching, and washing, that in an impression so grand as that of the world on the human mind, they do not vary the result.
Undoubtedly we have no questions to ask which are unanswerable. We must trust the perfection of the creation so far, as to believe that whatever curiosity the order of things has awakened in our minds, the order of things can satisfy.
Every man’s condition is a solution in hieroglyphics to those inquiries he would put.
