Transforming businesses
economies and the market
The Energy Exchange acts as a market place where independent generators can sell their surplus energy to the industrial and commercial entities who need it.

Shareholders

Our shareholders, which include Remgro Ltd and Winrite Trading are strategically aligned with the business and share our vision of transforming the energy market in South Africa to a greener and more efficient market. A market where buys and sellers can come together; where technology creates enhancements and allows customers to better manage their energy risk.

We are in excess of 50%. Black owned.

Directors

At the Energy Exchange of Southern Africa, we are passionate about energy and the power that it has to transform businesses, economies and communities. Our board has a wealth of experience across project development, infrastructure, financial markets, investment and, most importantly, the energy sector.

Directors

Phuthuma Nhleko is the chairman and co-founder of the Phembani Group. Until March 2011, he was the group CEO of MTN, the sixth largest company on the JSE by market capitalisation and the largest company with a primary listing in South Africa. During his 10-year leadership tenure at MTN from 2002 to 2011, he transformed the company, driving its exponential growth through significant expansion into Africa and the Middle East. In May 2013, he returned as chairman of MTN.

He currently serves as chairman of MTN and as a non-executive director on the boards of BP Plc and Anglo American Plc. His past directorships include the Nedbank Group, Old Mutual SA, Johnnic Holdings, the Bidvest Group and Alexander Forbes. He holds a BSc in Civil Engineering from Ohio State University and a Master of Business Administration from Atlanta University. Phembani Group was formed in 1994 and has successfully evolved from a start-up black economic empowerment company to a resource, cement and energy-focused investment holding company.

Phembani’s strategy is to focus on a small number of large investments where it can have a more meaningful influence on the strategy formulation and implementation of the investee company.

Stefan started his career in the aeronautical industry by specialising in computational fluid dynamics, where after he moved to the consulting engineering services of Van Wyk & Louw Consulting Engineers (now Aurecon). Subsequently he spent a decade with Biwater, a multinational water services contractor, ending up as an Executive Director for its
sub-Saharan operations.

Stefan is an Investment Executive at Remgro Limited. Current roles include board representation on manufacturing company boards and Invenfin, active involvement in the Pembani-Remgro Infrastructure Fund and coordination of a long-term energy initiative across the Remgro group of companies.

Garth’s background includes studies in law, economics and maths. His career has been focused on banking and financial markets, but has also included being a partner at Deloitte and the CEO of the Bond Exchange of South Africa, where he was responsible for transforming and corporatizing the exchange. He spent time in the Eskom Treasury where he gained his knowledge about the electricity sector. His passion is in building financial markets which is twinned with his interest in the electricity sector in running Energy Exchange.

Craig Ceasar is an Investment Executive at Remgro Limited and has been employed at the company since 2008. He is currently responsible for managing certain investments and serves on the Board of various companies within the group (Business Partners Limited, Community Investment Ventures Holdings (Pty) Ltd, Pembani Remgro JV (Pty) Ltd, Energy Exchange of
South Africa (Pty) Ltd.

His previous roles at Remgro include Financial Manager:
Reporting and Group Treasury Manager.

Team

Aishah holds a BusSci degree from the University of Cape Town, specialising in Finance and Accounting. She started her career in investment banking and advisory, focusing both on global markets and corporate finance. She has extensive experience in valuations and financial modelling within the financial services, mining, industrial and renewable energy sectors. Her current role at the Energy Exchange is as financial analyst with a key focus on energy tariffs and financial modelling in the South African renewable energy sector.

Sandiswa is a qualified Electrical Engineering Technologist and has extensive technical and project related experience in nuclear power generation in South Africa. After completing her MBA at University of Cape Town, she led government projects aimed at ensuring power security for the Western Cape through sustainable incorporation of Renewable Energy. She is the Business Development Manager at the Energy Exchange of Southern Africa.

Garth’s  background includes studies in law, economics and maths. His career has been focused on banking and financial markets, but has also included being a partner at Deloitte and the CEO of the Bond Exchange of South Africa, where he was responsible for transforming and corporatizing the exchange. He spent time in the Eskom Treasury where he gained his knowledge about the electricity sector. His passion is in building financial markets which is twinned with his interest in the electricity sector in running Energy Exchange.