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Shalamuka Capital is the BEE investment vehicle 
that transpired as a result of the partnership between the Shalamuka Foundation and RMB Corvest. Shalamuka Capital

The Shalamuka Capital board is made up of a majority of black, independent and RMB Corvest directors. The current directors of Shalamuka Capital are:

Mr Joe Nalane

BProc (UKZN) LLB (Wits) LLM (Corporate Law) (UJ)

Joe was admitted as an advocate in 2008. Prior to that he practiced as an attorney and specialised in project finance, commercial litigation, privatisation, mergers and acquisitions, joint ventures, franchising, company law, construction law and labour law.

Ms Yvonne Chaka Chaka

Yvonne is Director and Founder of the Princess of Africa Foundation. She has performed at gala performances for a number of heads of state, including the former President of South Africa, Nelson Mandela.  She has also performed at a gala performance of the United Nations Chambers in New York.

Yvonne is an active goodwill ambassador and patron for a number of social responsibility organisations ranging from a children’s orphanage in Soweto to the United Nations International Children’s Fund (UNICEF).

She is above all an astute businesswoman managing her own music businesses as well as having been involved in a number of other business ventures.

Ms Phutumile Dumisa

BEd (Potch)

Phutumile joined Penreach in 1999 and was appointed the CEO in 2002. Phutumile has many years of practical management experience and is known as an excellent fundraiser and speaker. She speaks 8 languages and is a member of a number of boards both provincially and nationally. Her recent qualifications include a Project Management Diploma from the Wits Graduate School of Public and Development Management and a Management Development Certificate from Stellenbosch Business School.

Mr Stephen Brown

BCom (Hons), CA (SA)

Stephen gained lending experience as a Business Analyst at the Industrial Development Corporation before joining RMB Corvest in 1997 to commence a career in private equity.

Ms Christine Moodley

BCom (Hons), CA (SA)

Christine completed her articles with Deloitte in 2007 and spent 1 year in their Corporate Finance Division. In 2009, she joined the Investment Banking Division of Rand Merchant Bank as an analyst in Structured Finance. Christine joined RMB Corvest in 2012.

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