Nominee CFO Awards: Vuyokazi Memani-Sedile, Executive Director: Finance Unisa



Executive Director: Finance

Nationality: South African
CFO since: 2006

Other current positions:

  • Board - Purchasing Consortium Southern Africa (PURCO SA)


  • 2006 - Present: Executive Director:Finance - UNISA
  • 2003 - 2006: CFO - National Gambling Board
  • 1999 - 2003: Director: Financial policy and Analysis
  • 1997 - 1999: Management Accountant/internal auditor - South African Breweries
  • 1995 - 1997: Management Accountant - Eskom
  • 1993 - 1995: Internal Auditor - University of Fort Hare


  • University of South Africa/Universiteit van Suid-Afrika - Bcompt Accounting, Auditing (Hons)
  • Rhodes University - B.Com Accounting, Psychology
  • Wits Business School - Internatl Executive development programme

Additional information:
Vuyokazi Memani-Sedile is serving as an Executive Director of the Unisca Company. She previously served as a Director in the sector of Financial policy and Analysis at the Department of Public Works company. Along with this she has also worked as the Chief Financial Officer in the National Gambling Board company.

Annual report 2012
2012 has been an exciting year for Unisa as it plans for the last phase of its ten-year strategic plan: Unisa
2015. The further developments in the higher education milieu, the national strategy and focus on the overall post-school education and training space and the global trends were all seen through the lens of emerging opportunities but cognizant of the concomitant internal and external risks. As the university embarks on this journey, the principles of sound corporate governance, ethical leadership and sustainability have been uppermost in the collective decision-making mind.
Source: Annual report 2012

Employees: 4655
Sector: Government
Industry: Education

The University of South Africa is the largest university on the African continent and attracts a third of all higher education students in South Africa. The university has a student headcount of over 300,000 students, including African and international students in 130 countries worldwide, making it one of the world's mega universities. Unisa is a dedicated open distance education institution. Open distance learning (ODL) entails a student-centred approach that gives students flexibility and choice over what, when, where, and how they learn, and provides them with extensive student support.

Financial Results:

Revenue (R Million)









Additional information:

Annual report 2012
In 2012 one of the most critical tasks of the council was to approve the strategic trajectory for the university for 2013-2015. This task was successfully finalized through the review of the status quo and an agreement on the key institutional imperatives for the next three years, the strategic objectives and the 2013(annual) pre-determined objectives for contracting with the Minister. An enhancement of this year's planning process was the integration of a thorough risk-assessment and the co-ordination of the outcomes into the planning methodology. It is anticipated that the strategic risk register will be finalized early in 2013 and Unisa then boast a fully integrated Strategic and Risk Plan, together with agreed synchronized strategic actions. The role of the Council in the ensuring years will be to monitor compliance with the targets and do a 'light-touch' annual review to ensure currency of the document.
Source: Annual report 2012

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