Job Title: CFO
Company: Rand Water
Matshidiso Nyembe is the CFO of Rand Water, Africa’s largest bulk potable water utility. She has held this position since 2009 and concurrently served as Principal Officer of the Rand Water Medical Scheme until 2023. Her earlier roles include CFO at Faritec Holdings, Assistant General Manager at Transnet, and finance positions at Standard Bank and Coopers & Lybrand. Matshidiso is a Chartered Accountant [CA(SA)] with a B.Comm in Accounting from the University of Bophuthatswana, a B.Compt (Hons), and a CTA from UNISA, where she also completed her MBA in 2022.
Work Experience:
2009- 2023 Principal Officer, Rand Water Medical Scheme
2009 - present Group CFO, Rand Water
2005 - 2009 CFO, Faritec Holdings
1999 - 2005 Assistant General Manager, Transnet
1998 - 1999 Corporate Analyst, Standard Bank of SA
1996 - 1998 Group Development Accountant, Standard Bank of SA
1993 - 1995 Trainee Accountant, Coopers & Lybrand
Education:
1990 - 1993 B. Com Accounting, University of Bophuthatswana
1996 B. Compt Honours, UNISA
1997 CTA, UNISA
1998 - 2000 CA (SA), SAICA
2021 - 2022 MBA, UNISA

About the company:
Rand Water is the largest bulk potable water utility in Africa, providing clean drinking water to a vast population in Gauteng and surrounding areas. It is responsible for abstracting raw water, purifying it, and distributing it to municipalities, industries, and mines. Rand Water also plays a role in wastewater sanitation.













