Tsholofelo Molefe


Job Title: CFO

Company: MTN Group


Tsholofelo Molefe joined MTN Group in April 2021 as the group CFO. Prior to joining MTN, she was the group CFO of Telkom SA. She joined Telkom in 2016 as deputy CFO, and was promoted in 2018 after briefly serving as the company’s chief risk and compliance officer.

Before that, Tsholofelo climbed the ranks at Eskom, starting as a general manager of finance and business support in the power utility’s Transmission division in 2005, then joining the group executive committee as the group executive for the Customer Services division, and finally being promoted to FD in 2014.

She had a short career journey with FNB’s Personal Banking Segment as the CFO in the Consumer Segment Unit. Prior to this, she was an audit manager at Absa Group and an assistant audit manager at Liberty Group, respectively.

Tsholofelo served her audit and accounting articles at PwC.

Her other achievements include being recognised as the 2009 Executive of the Year among the top 400 Executive Managers of Eskom, and being a finalist on the 2014 Standard Bank Top Women Awards in the category of Top Female Public Sector Leader Award. She also won the High-Performance Team Award and the Finance Transformation Award at the 2019 CFO Awards for her work as the CFO of Telkom.

For her work as MTN Group's CFO, Tsholofelo was nominated for the 2023 CFO Awards.

2021 – Present     Group Chief Financial Officer, MTN Group
2018 – 2020          Group Chief FInancial Officer, Telkom SA
2017 – 2018          Group Chief Risk and Compliance Officer, Telkom SA
2016 – 2017          Deputy Chief Financial Officer, Telkom SA
2014 – 2015          Finance Director, Eskom
2011 – 2013          Group Executive, Customer Services, Eskom
2005 – 2011          Finance Manager and CFO, Transmission Division, Eskom
2005 – 2005          Finance Manager, FNB Personal Banking Segment
2008 – 2011          Internal Auditor, IBM SA
2003 – 2006          Trainee in Public Practice, PwC
2001 – 2004          Risk and Audit Manager, Absa

2004                        CA(SA), SAICA
2000                        AGA(SA), SAICA
2000                        BCompt, CTA, University of South Africa
1997                        BCompt, Honours, University of South Africa
1994                        BCompt
1992                        BA, Honours, University of East London


About company: MTN Group is a South African multinational mobile telecommunications company, operating in many African and Asian countries.

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