BIRTH NAME: Philisiwe Buthelezi
PLACE OF BIRTH: Mahlabathini, KwaZulu-Natal
HUSBAND: Nathi Mthethwa
MOTHER: Thabisile Buthelezi
Philisiwe Mthethwa is the of businesswoman and Chief Executive Officer of National Empowerment Fund.
Early Life, Background And Childhood
Philisiwe Mthethwa was born in Mahlabathini, KwaZulu-Natal. Philiswe’s parents moved to Pietermaritzburg where her father later died. Philiswe was one of the eight children, the fourth girl in the family and her mother’s name is Thabisile Buthelezi.
Philisiwe Buthelezi is married to Minister of Arts and Culture, Nathi Mthethwa in 2013.
Ms Mthethwa holds an MBA Corporate Finance from the University of Sheffield, and has studied towards the MSc Economics (thesis not defended) at the University of Paris 2.
Ms Mthethwa worked for a French investment bank in London, held responsibility for risk management control at the South African Reserve Bank and worked in the Treasury division at Standard Corporate and Merchant Bank.
She was also employed as a Regional Director for Europe by the dti in Germany and France to promote European investment in South Africa. In 2002 she returned to South Africa to become the Chief Director of the Black Economic Empowerment Unit of the dti, which developed the Government’s Broad Based Black Economic Empowerment (B-BBEE) strategy, the B-BBEE Act and the Codes of Good Practice, instruments that are at the heart of the country’s efforts to bring about inclusive growth.
Ms Mthethwa is Chairman of Group Five and also serves on the Boards of Sanlam Limited, Sanlam Life Insurance Limited and the Industrial Development Corporation. Among her recent accolades are: 2011 Corporate Business Woman of the Year (Business Women’s Association), 2011 African Business Woman of the Year (Africa Investor), and appointment as a Chevalier de la Legion d’Honneur (Knight of the National Order of Merit) by the former president of the French Republic, Mr Nicolas Sarkozy. In 2013 Ms Mthethwa received the Woman of Substance Award from the African Women Chartered Accountants, as well as the Top South African Women’s Award from South Africa’s Most influential Women in Business and Government. Ms Mthethwa is also a member of the BRICS Financial Services Working Group.