Phembani Group
South African diversified investment company chaired and co-founded by Phuthuma Nhleko.
Published · Last reviewed
Phembani is a South African investment group focused on mining, energy, infrastructure and industrial services. [3]
History
Phembani identifies Phuthuma Nhleko as chairman and co-founder. His role is separate from his former MTN executive office. [3][2]
The group describes itself as a black-controlled diversified industrial company that takes active roles in its investments. [3]
Frequently asked questions
Who chairs Phembani?
Phuthuma Nhleko was chairman at the review date. [3]
Did Phembani found MTN?
No. Nhleko’s Phembani role is separate from MTN’s corporate formation and his later MTN leadership. [3][1]
What does Phembani do?
It invests in sectors including mining, energy, infrastructure and industrial services. [3]
Key milestones
Phembani identified Nhleko as chairman and co-founder at the review date. [3]
Founded / co-founded by
Related articles
Related institutions
Sources
- MTN Group, Sustainability Report 2003, 2003-03-31. Original source. Accessed 2026-10-27. ↩
- IHS Towers, Phuthuma Nhleko: Independent Non-Executive Director. Original source. Accessed 2026-10-27. ↩
- Phembani Group, Meet the team: Phuthuma Nhleko. Original source. Accessed 2026-10-27. ↩