South Africa's Empowering Women Entrepreneurs

In recent years, South Africa has witnessed a remarkable surge in female entrepreneurship, with women leading the charge in various industries and making significant contributions to the country's economic growth and social development. From innovative startups to established enterprises, these women entrepreneurs are breaking barriers, shattering stereotypes, and making waves in the business world. In this spotlight, we'll shine a light on some remarkable women who continue to inspire with their achievements, even in 2024

Magda Wierzycka - CEO of Sygnia

Magda Wierzycka is widely recognized in South Africa's financial sector, where she serves as the CEO of Sygnia, a prominent investment management company. Her leadership has been pivotal in propelling Sygnia's growth and success. Beyond her corporate role, Ms Wierzycka is esteemed for her vocal advocacy on issues like gender equality and corporate governance, earning her respect in both business and societal circles. Magda Wierzycka's journey is from studying actuarial science at UCT to becoming a renowned business leader is a testament to her exceptional drive and determination. She embarked on her career trajectory by working for iconic finance and fintech companies, steadily climbing the ranks to boardrooms and eventually assuming the role of CEO.

Her wealth of experience and expertise culminated in the founding of her own company, Sygnia, where she continues to make waves in the financial services sector. Magda Wierzycka is also a published author, sharing her insights and knowledge through her written works. Her diverse experiences and entrepreneurial spirit shine through in her writings, offering valuable perspectives on finance, leadership, and social activism. Ms Wierzycka's entrepreneurial drive and dedication to effecting positive change position her as a role model for aspiring women entrepreneurs in South Africa, embodying the principles of innovation, integrity, and empowerment.

Dr Precious Moloi-Motsepe - Founder of African Fashion International (AFI) and UCT Chancellor

Dr Precious Moloi-Motsepe is a prominent figure in South Africa's philanthropic and fashion landscape. With a background in medicine, she seamlessly transitioned into entrepreneurship and became a driving force in the country's fashion industry. Dr Precious Moloi-Motsepe is widely celebrated for her role as the founder of African Fashion International (AFI), an organization dedicated to showcasing and promoting African designers on both local and global stages. Through AFI, Dr Moloi-Motsepe has provided a platform for emerging and established designers to showcase their talent and creativity, contributing to the growth and recognition of African fashion worldwide.

She is also a respected philanthropist and advocate for women's health. Dr Moloi-Motsepe co-founded the Motsepe Foundation, which focuses on initiatives related to education, health, and economic empowerment. And she is currently serving as the Chancellor for University of Cape Town (UCT). Her dedication to social development and empowerment has earned her widespread recognition and respect in South Africa and globally.

Phuti Mahanyele-Dabengwa - CEO of Naspers South Africa

Phuti Mahanyele-Dabengwa is a distinguished business leader renowned for her successful career in finance and investment. With a solid foundation built upon her academic achievements, including an MBA from De Montfort University in the UK, she quickly rose through the ranks to become one of South Africa's most respected business figures. Prior to her current role as CEO of Naspers South Africa, she served as the CEO of Sigma Capital, where she played a pivotal role in expanding the company’s footprint in the African market.

Under her current leadership at Naspers she has made strategic investments in key sectors such as e-commerce, online classifieds, and digital media, cementing its position as a leading player in the global tech industry. Beyond her corporate achievements, Ms Mahanyele-Dabengwa is also a champion for women's empowerment and leadership development. She has been recognized as a Forbes Africa Businesswoman of the Year and has received numerous accolades for her contributions to business and society. Through her leadership and advocacy, Ms Mahanyele-Dabengwa continues to inspire the next generation of women leaders and entrepreneurs in South Africa and beyond.

Rapelang Rabana - Founder of Rekindle Learning

Rapelang Rabana is a tech entrepreneur and visionary leader known for her pioneering work in the edtech space. She first made her mark in the tech sector as the co-founder of Yeigo Communications, a pioneering company renowned for its groundbreaking innovations in mobile VoIP and IP communications. Ms Rabana's innovative spirit and visionary leadership propelled Yeigo Communications to international recognition. Today, Rapelang Rabana continues to push boundaries as the founder of Rekindle Learning, a forward-thinking company dedicated to revolutionizing education and skills development in Africa. Ms Rabana's visionary approach to education has garnered widespread acclaim and has the potential to make a profound impact on the future of learning in Africa.

Rapelang Rabana's remarkable achievements have not gone unnoticed. As a Global Shaper of the World Economic Forum, she is at the forefront of shaping global agendas and driving positive change. She has received acknowledgment from prominent publications for her contributions to entrepreneurship and leadership in Africa. With her relentless pursuit of innovation and her dedication to making a difference, Ms Rabana continues to inspire and empower others, leaving an indelible mark on the world of technology and education

Swaady Martin - Founder of Yswar

Swaady Martin is the visionary founder of Yswara, a luxury tea brand that celebrates African heritage and craftsmanship. Swaady Martin is a prominent leader, influencer, and serial entrepreneur in Africa. With a successful career at General Electric Co, she authored the renowned A.F.R.I.C.A business model and drove strategic expansion across the continent.

Committed to inclusive business, she introduced the "Luxe Ubuntu" concept, emphasizing equitable value distribution. Ms Martin is also a passionate consciousness activist, founding Tounché Global Consciousness Summit and Divine Indwelling. Dedicated to nurturing future global citizens, she authored children's books and established LOVINGKINDNESS BOMA. As a fervent advocate for African leadership and women empowerment, Ms Martin serves on prestigious boards and networks. Her contributions have earned her numerous awards and recognitions, solidifying her status as an inspirational figure and African fashion icon.

Dr. Judy Dlamini - Founder of Mbekani Group and Wits University Chancellor

Dr. Judy Dlamini, a renowned South African businesswoman and author, stands as a beacon of entrepreneurship, leadership, and philanthropy. As the Chancellor of the University of the Witwatersrand and the founding chairman of Mbekani Group, she has left an indelible mark on various industries, particularly healthcare, real estate, and investments. Dr. Dlamini's journey is marked by resilience and innovation, reflected in her successful ventures and impactful contributions to society. With a diverse portfolio of achievements, including her tenure as chairperson of Aspen Pharmacare Holdings and as well as acknowledgments from esteemed publications and the numerous awards she has garnered throughout her career. Dr. Dlamini continues to inspire and lead by example.

In addition to her business acumen, Dr. Judy Dlamini is an accomplished author, philanthropist, and advocate for social change. Through her insightful publications and philanthropic endeavors focused on healthcare, education, and community development, she empowers individuals to pursue their passions and drive positive change. Driven by a commitment to social responsibility, Dr. Dlamini continues to leave a lasting legacy of empowerment, innovation, and social responsibility on generations to come.

Lindiwe Matlali - Founder of Africa Teen Geeks

Lindiwe Matlali is a dynamic and visionary leader making significant strides in the field of technology and education in South Africa. With a background in software engineering, she has emerged as a prominent entrepreneur, advocate, and changemaker dedicated to harnessing technology for social good. Ms Matlali is the founder and CEO of Africa Teen Geeks, a non-profit organization that aims to empower youth from underserved communities with digital literacy and coding skills.

Through Africa Teen Geeks, Lindiwe Matlali has spearheaded initiatives to bridge the digital divide and equip young people with the skills needed to thrive in the digital age. Her innovative programs have reached thousands of students across South Africa, providing them with access to quality STEM education and opportunities for personal and professional growth. She is a sought-after speaker and advocate for STEM education and women in technology. Ms Matlali's unwavering commitment to empowering youth and promoting diversity in the tech industry has earned her widespread recognition and acclaim. Her visionary leadership and dedication to social impact exemplify her as a role model, driving positive change and creating a brighter future for generations to come.

Final Thoughts

These remarkable women entrepreneurs are just a few examples of the diverse talent and ingenuity driving South Africa's business ecosystem forward. Through their resilience, innovation, and leadership, they are not only achieving success in their respective fields but also inspiring the next generation of female entrepreneurs to dream big and pursue their passions. As South Africa continues to navigate the challenges and opportunities of the business world, these women are proving that the future is female and that the sky's the limit for those willing to chase their dreams.