Masibulele Dem


Job Title: CFO

Company: Hulisani


Masibulele Dem was appointed CFO of Hulisani in July 2017, and stepped into the role of interim CEO in April 2021. He has 15 years with companies that include KPMG, Barclays, Standard Bank, Mazwe Financial Services and Africa Rising Capital. Masibulele has experience in Controllership, Investments and Treasury, and Strategy and Planning. With his passion sitting firmly in the area of Finance and Investments, Masibulele’s particular interest is in the energy sector of Sub-Saharan Africa where the supply of energy remains such a challenge. He is a Chartered Accountant (SA) with a B.Com (Honours) from UCT and the University of KwaZulu-Natal. Masibulele was nominated for the CFO Awards 2019 for his work as the CFO at Hulisani. 

2017 – Present    Chief Financial Officer & interim CEO, Hulisani Ltd
2013 – 2017         Chief Financial Officer, Micro Finance, Mazwe Financial Services 
2011 – 2013         Owner, Advisory and Capital Raising, Lula Capital
2012 – 2013         Senior Associate, Investment Banking, Africa Rising Capital
2009 – 2011         Pricing Strategy Manager, Personal and Business Banking, Standard Bank
2006 – 2009         Transactor and Investment Manager, Strategic Investments, Standard Bank
2004 – 2006         Regional Accountant, Africa Focus, Barclays Bank
2001 – 2003         Trainee Accountant, KPMG

2001 – 2001         B.Com Honours, University of KwaZulu-Natal
1997 – 1999         B.Com, UCT

About Hulisani Ltd: As an African energy investment company, Hulisani has the means to invest in all forms of sustainable energy from the conventional such as coal and gas, to renewable energy in the form of solar, wind, hydro and biomass energy plants. They are diverse, professional and aware of the realities and vagaries of the market. Hulisani listed as a Special Purpose Acquisition Company (SPAC) on the Main Board of the Johannesburg Stock Exchange in April 2016. Post listing, they secured some exciting investments in there quest to establish a pipeline of sustainable quality investments in the energy sector. 

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