Welcome to Efora Energy Limited
Efora Energy Limited is a South African based independent African oil and gas company, listed on the JSE.
Board of Directors
The Board endorses a professional and robust approach to governance within the Group which reinforces its commitment to best practices.
Chairman and Non-executive Director
Appointed 16 April 2021
Member of the Nominations Committee, Audit and Risk Committee and Investment Committee
Mr Ngonyama holds B.Sc (Accounting) and MBA degrees from Roosevelt University. He has extensive oil industry experience which started at Texaco Inc. in Houston and culminated at Caltex Oil (SA) where he worked in finance, accounting and corporate planning. He facilitated the restructuring of the Chevron/Texaco lubricants business in five countries in West Africa and restructured the procurement function at the Chevron Refinery in the Western Cape. Mr Ngonyama has previously held executive positions in governance and risk management at Metropolitan Health and in real estate management for the National Department of Public Works. He is a non-executive director at Pragma Holdings and Chairman of the Social & Ethics Committee. He is further a non-executive director at Curo Fund Services.
Lead Independent Non-executive Director
Appointed 1 April 2017
Chair of the Social, Ethics and Remuneration Committee
Mr Mngconkola holds B.Tech (Business Administration) and Human Resources Management degrees and served the South African Government with dignity and pride for 30 years in the South African Police Service. He served on the board of the Public Investment Corporation SOC Limited where he was a member of the Investment, Audit and Risk, and Directors’ Affairs Committees and chairperson of the Human Resources and Remuneration Committee. Mr Mngconkola is also a member of the boards of the V&A Waterfront (up to May 2021), Growthpoint Properties Limited, Harith General Partners and Premier Finishing and Food Brands.
Independent Non-executive Director
Appointed 19 December 2018
Member of the Social, Ethics and Remuneration Committee, Audit and Risk Committee and Investment Committee
Ms Radebe holds B.Com (Law) and LLB degrees and is an admitted attorney and conveyancer with 21 years' post-admission experience in various fields of corporate law. Her experience spans commercial property finance, structured finance and telecommunications law, having worked for commercial property finance institutions and major telecommunication companies, respectively. Ms Radebe is currently the executive head of legal affairs at Vodacom and is a member of the Corporate Counsel Association of South Africa.
Independent Non-executive Director
Appointed 10 February 2021
Ms Tonjeni is a chartered accountant and a seasoned executive, director and trustee with working experience in mining, energy, manufacturing, retirement funds, construction, financial services and health sectors. She worked as CEO of Makole Group, Financial Director at Consolidated Power Projects, and General Manager Finance & ICT at Foskor. She was segment head of KPMG BEE Advisory Services, advising on the implementation of the codes and sector charters. Prior to that she was a senior audit manager in the financial services banking division of KPMG. Ms Tonjeni is a non-executive director of N3TC, Siyanda Resources, and the Consumer Goods Ombud; and an independent audit committee member at WDB Investment Holdings and public sector institutions. She also serves as a trustee of the Arcelor Mittal ESOP Trusts and the Alex Forbes Retail Retirement Funds.
Interim Chief Executive Officer
Appointed 5 May 2021
Mr Arendse is a highly experienced Human Capital and Corporate Services Executive offering over 30 years’ experience at executive management and senior management levels across a range of industries including private, financial, retail and mining, public and state-owned commercial enterprises.
He has been involved in the energy sector (oil and gas) for the past 13 years. He currently holds the position of Head of Human Resources and Corporate Services in Efora. Mr Arendse holds a BAdmin degree and an Honours degree in Industrial Psychology from the University of the Western Cape and has completed various executive management and leadership development programmes in his career to date.
Interim Chief Financial Officer
Appointed 1 April 2021
Mr Monametsi, a chartered accountant by profession, joined the Group in 2020 from Barloworld Ltd and was in the role of Senior Financial Manager, responsible for the Financial Reporting, Treasury and Technical Accounting departments of the Equipment division. He has worked for several JSE-listed entities in various roles and has 11 years’ experience in finance, tax and reporting. He began his career in Sasol Ltd where completed his articles and acquired deep exposure to the petrochemicals industry.