Corporate Titan, Phuti Mahanyele Resigns As Shanduka's CEO After 10 Years And No Politics For Her

After 10 years at Shanduka Group, one of the leading South African investment holding company in South Africa, Phuti Mahanyele, the firm's Chief Executive Officer, announced her resignation last week and that she will leave the company at the end of June this year. With interests in telecoms, food and beverage, property, financial services, energy, and industrial sectors, Mahanyele helped grow the Shanduka Group’s net asset value to about 8 billion Rands ($686,080,000 USD). Additionally, under the helm of the outgoing dynamic CEO, one of the group's subsidiaries, Shanduka Beverages was appointed as one of Coca Cola's four franchised bottlers in South Africa; with a work-force of 800 permanent staff, Shanduka Group owns 70% of Coca Cola Shanduka Beverages and Coca Cola owns 30%.