Matshidiso Nyembe

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Job Title: CFO

Company: Rand Water

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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.

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