The True Life Story Of Raisibe Kgomaraga Morathi

Name: Raisibe Kgomaraga Morathi

Born: Polokwane (Limpopo Province), South Africa; raised in Botlokwa (north of Polokwane / Matoks area)

Nationality: South African

Other names / Nicknames: Raisibe Kgomaraga Morathi

Alma mater: University of Venda; University of the Witwatersrand (Wits); Gordon Institute of Business Science (GIBS), University of Pretoria; INSEAD (France)

Spouse: Married

Children: At least one daughter; has described being a mother as her biggest opportunity

Education: Completed high school in four years (skipped Grade 9); raised by a widowed mother (teacher) in a family of five girls in Botlokwa after her father died when she was five

Higher Education: BCom (University of Venda); Chartered Accountant (SA) — member of the South African Institute of Chartered Accountants (SAICA); Higher Diploma in Taxation (Wits University); Advanced Management Programme (INSEAD, France); Master of Philosophy in Corporate Strategy (GIBS, University of Pretoria); Certificate in Corporate Governance

Occupation: Chartered accountant; Group Chief Financial Officer and executive director

Years active: Circa mid-1990s–present (over 30 years in financial services and ICT as of 2025)

Known for: Group CFO of Vodacom Group Limited (since 1 November 2020); former Group CFO of Nedbank Group (2009–2020); one of few Black African female CFOs of major JSE-listed companies; leadership in finance transformation, women’s development forums, and major transactions (including Vodafone Egypt-related); financial oversight supporting Vodacom’s evolution toward a pan-African technology and fintech group

Political party: None

Other political affiliations: Served as economic advisor to the then Deputy President of South Africa, seconded via the Industrial Development Corporation (2006–2007)

Career & Positions held (chronological):

• Trainee accountant, Fisher Hoffman Stride (articles completed circa 1994)

• Roles in structured/corporate finance and related at Nedbank Investment Bank, HSBC Investment Bank/Simpson McKie, African Merchant Bank (private equity/senior manager), and other entities (including Pikitup, Prilla)

• Industrial Development Corporation of South Africa (IDC): various executive roles including Chief Investment Officer and Chief Operating Officer (circa 2000–2007/early 2008); also public-sector secondments

• Independent non-executive director, Sanlam Limited / Sanlam Life (from 2006); then executive director and Chief Executive: Group Services (from May 2008)

• Group Chief Financial Officer and executive director, Nedbank Group Limited / Nedbank Limited (September 2009–September/October 2020); led large finance/operations teams; patron of Nedbank Women’s Forum for much of tenure; during tenure the group advanced its multi-year Managed Evolution technology and core banking modernisation programme (significant IT investment and platform rationalisation) alongside capital and regulatory frameworks

• Group Chief Financial Officer and executive director, Vodacom Group Limited (from 1 November 2020–present); member of the Group Executive Committee and Investment Committee; leads finance teams across markets (capital allocation, including annual capital expenditure in the region of R16 billion in earlier reported periods); sponsor/chair of Vodacom Women’s Network/Forum; financial oversight of group growth in digital financial services (including M-Pesa and VodaPay platforms) and the shift toward broader technology/fintech offerings alongside traditional telecommunications

Non-executive/board director roles (current or recent): Safaricom Plc (from 2020), Vodacom Tanzania Public Limited Company (from 2020), Vodacom SA and other Vodacom subsidiaries, M-Pesa Africa Ltd., Vodafone Egypt, Burstone Group Limited (independent non-executive director and member of the Audit and Risk Committee from November 2024; formerly Investec Property Fund)

• Prior board experience includes Nedbank Group, Sanlam Group, and Thuthuka Education Upliftment Fund NPC (board member; SAICA-linked educational upliftment initiative supporting Black chartered accountants); extensive audit committee service (member or chair)

Member: International Women’s Forum South Africa (IWFSA)

Awards and honours:

• CFO of the Year, Strategy Execution Award, and High-Performance Team Award (CFO South Africa Awards, 2023)

• CFO of the Year, CNBC All Africa Business Leaders Awards (AABLA, 2024)

• Deal of the Year recognition (Deal Makers independent panel) related to leading the acquisition of 55% of Vodafone Egypt

• Fellow, Africa Leadership Initiative–South Africa (Class IV); member, Aspen Global Leadership Network

• CHRO Awards judge (from inception 2019)

Controversies: Upon appointment as Nedbank Group CFO in 2009, faced public debate and allegations (from lobby groups) that the role’s scope had been reduced relative to the predecessor (involving reporting lines and functions such as balance sheet management); Nedbank stated she assumed the substantial majority of prior CFO responsibilities. No other major public controversies identified in verified sources as of late 2025.

Criminal charges / Legal issues: None identified in verified public sources

Website / Social media: LinkedIn profile (Raisibe Morathi / za.linkedin.com/in/raisibe-morathi-80b34217b); IWFSA member profile; no verified personal public website or other major social media accounts prominently confirmed in sources. Professional profiles via Vodacom Group, Safaricom, company filings, and related boards.