Funeka Ndungane : CEO Bambilizwe Investments Holdings

Written on 08/08/2019
Thriving Network


Meet our Top 50 Thriving Female Founder for 2019 Edition

Funeka Ndungane is a joint founder and Director – National African Women's Alliance (NAWA) now called African Women Coordinated Investments (AWCI), a broad-based BEE women's Company with a thousand (1000) women shareholders in all 9 Provinces. The Company’s unique structure lent it to be a favorite BEE empowerment partner of choice due to its national presence. She coordinated, implemented and oversaw the setting up of the Provincial Companies structures and their boards.

The Company grew its Net Asset Value of R65 million in two & a half years with its office administration funded by Absa Corporate Merchant Bank but later was replaced by Nedbank.

 

Joint founder and Director - African Women Enterprise Investments (Awevest) she together with her partner formed this second Broad-Based women empowerment company in January 2006 now in its 13th year. It also invested in Bee Equity Stakes in the Petroleum Sector (Sasol Oil) and acquired various mining permits as well as acquiring a Wholesaler Trading License for trading in Crude and Refined Oil products for import/export.

 

She is a member of

SFM - School For Ministry Portfolio Committee (Johannesburg Anglican Diocese – which conducts Lay/Parish Ministry Training) 

Course Presenter/Trainer –(Ecumenical) Fresh Expressions of Church; FE-MsM,

A Diocesan and Provincial Synod elected member of the Board of Trustees of the Anglican Diocese of Johannesburg,

A Provincial Standing Committee Synod elected representative

She has owned & managed several businesses including; -

  • A National Industrial Catering Company, A Communications Consultancy,
  • A Commodities Brokerage, Fuel Retail Outlets, A Food blending and packaging plant,
  • A Road Construction Company, A Security Services & Facilities Management Company.
  • Now also involved in Training services which offer all Occupational Health and Safety (SHE) Training with all its aspects, Workplace Readiness Program for final year students and job seekers, learnerships on skills training, coaching and mentorship Plus Malls infrastructure repair services, equipment supplier and strategic solutions provider of choice to a few select clients. She is also an ardent farmer for over 2 decades.    

 

Directorships

 

Director & CEO - Bambilizwe Investments Holdings (Pty) Ltd

Founder & Non –Executive Director - NAWA (AWCI) (Pty) Ltd

Founder & Non – Executive Director - AWEVEST (Pty) Ltd

Founder & Non – Executive Director - AWEVEST INVESTMENTS Limited

Director – Golden Falls 567 (Pty) Ltd – Sasol Oil SPV

Non – Executive Director & Exco Member - MES (NGO – Mould, Empower, Serve)

               – Chairman; HR & Remuneration Committee

Trustee - Anglican Diocese of Johannesburg

- Chairman – Organizations Committee (encompassing Anglican Schools, Retirement Villages, Welfare & Environmental Committees, Children’s Homes, Guilds)

Chairman – COACH (NGO - Coalition of Anglican Children’s Homes).

Member of Council – Gerson Lehrman Group (GLG - USA) An International Consulting Corporation