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AYANDA MAFULEKA – African Exploration, Mining and Finance Corporation SOC Ltd.

AYANDA MAFULEKA – African Exploration, Mining and Finance Corporation SOC Ltd.
Woman of Stature 'Woman of the Year 2018' Category Winner: 'Woman in Finance'

I am Ayanda Mafuleka, and I am 37 years of age. I hail from the most beautiful province of KwaZulu-Natal; I was born in Umlazi, south of Durban.

"I am very passionate about woman empowerment. I am where I am today because of the women who believed and invested in me. I surround myself with women who pushed me to achieve and I spent time reading about other women who are ‘woman of substance and stature’ in their own right like Sindi Mabaso-Koyana, Lesego Sennelo, Nonkululeko Gobodo, Nonhlanhla Khumalo, and Dr Judy Dlamini. I always strive to do the same for other women who come after me. I mentor young and old women in and outside my team as much as I can.

“What the mind conceives, it can achieve”

After I matriculated and I studied for a Bachelor of Commerce (BCom) in Accounting at UKZN. After graduating with a BCom degree, I started my career in Finance working at Transnet, for various business units namely, Spoornet as Professional Officer, National Ports Authority as Finance Reporting Manager, and Transtel, as Accounts Manager. I then joined Sunflower Housing Company, social housing company of Anglo Platinum as Management Accountant where I was responsible for establishing the finance department. I then joined the South African Post Office, as Senior Financial Manager. Whilst working I was studying towards BCom Honours (CTA) to pursue a qualification in Chartered Accountancy (CA). I resigned to join the National Treasury to complete CA articles and I qualified in 2012. After qualifying as a CA, I worked for the Department of Home Affairs as Director: Finance, after 3 years joined Johannesburg City Parks & Zoo and GM: Finance. In 2014 at a tender age of 34 years I was appointed by the National Credit Regulator (NCR) as CFO. With effect from 1 February 2018 I was appointed as the CFO of African Exploration, Mining and Finance Corporation SOC Ltd.

Throughout my career of 15 years in finance, I have always strived to leave a mark and I have left legacies of clean audits, sound financial management of turning around an entity from a deficit to a surplus position, put in effective processes and controls as well as governance structures. I always lead A-teams and I make sure that I excel in my area of expertise.

During my tenure at the NCR I started quarterly ‘Tea with the CFO’ sessions where we tackle women issues enjoy empowering my colleagues in financial and budget related issues. I still keep up to date and contribute in academia through marking assignments for a particular university. Throughout the years I have been associated with organisations such as African Women Chartered Accountants, BMF and ABASA.

Outside of work, I have been involved in youth related activities in church, where I am part of the team that plans Annual Career Expo for young people in the Vaal. I have been a volunteer for SAICA to observe municipality elections in 2016. I have been part of the women movement called ‘’Women Who Stand in Prayer’’ where we meet monthly in Alberton to empower and impart wisdom in the spiritual matters.

I am a mother of three (3) children, 2 girls and a boy. I am a child of God before anything."

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AYANDA MAFULEKA – African Exploration, Mining and Finance Corporation SOC Ltd.


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