Thakhani Makhuva – CEO
Company name – Small Enterprise Finance Agency (SEFA)
Bio – Thakhani Makhuvha is the Chief Executive Officer of the Small Enterprise Finance Agency (SEFA), since 01 November 2012. Prior to assuming his role at SEFA, Thakhani was Head of Risk Management Department at the IDC having joined the Corporation in 2004 as a Senior Credit Risk Manager. In 2008, he was deployed to spearhead the establishment of IDC’s Post Investment Monitoring Department (PIMD). As Head of PIMD, he was tasked to formulate the strategic business plan and to profile and develop roles and responsibilities of the department. This included management of IDC’s private equity portfolio (i.e. unlisted equity, loans and guarantees portfolio) across all strategic business units. His role also included overseeing the implementation of approved transactions through facilitation of draw down, continuous monitoring, valuation of equity portfolio, credit reviews and client visits until such time the relationship between IDC and clients terminates. Thakhani has been in the development finance and banking sector for over 17 years. He has previously worked, amongst others, at the following financial institutions in various capacities: ABSA Corporate and Merchant Bank (now ABSA Capital); African Merchant Bank (now AMB Capital); South African Reserve Bank; Ntsika Enterprise Promotion Agency, (now known as SEDA) and at Standard Bank Group.