A 91% broad-based
black-owned company
About us

Shareholders & board

Our board share a joint vision to create a black-controlled South African mining champion with black female empowerment as one of our key business drivers


Our board of directors is ultimately responsible for creating value and monitoring the relationships between the board and management, and between the group and its stakeholders. The board is also responsible for approving Seriti’s financial objectives, and its long-term and short-term strategies.

Dr Anna Mokgokong


Qualification: BSc, MBChB, DCom (HC)
Tenure: Five years
Industry experience: 33 years

Dr Anna Mokgokong is the co-founder and executive chairperson of Community Investment Holdings (Pty) Ltd, as well as chancellor of North-West University. She has widespread experience in healthcare, academia and commerce. She serves on various boards of listed and unlisted entities as well as numerous councils of academic institutions and civil society commissions. As a social activist, she is passionate about empowering women and creating economic equality in South Africa. She is also honorary consul-general for the government of Iceland in Pretoria.

Mike Teke


Qualification: BA (Hons), BEd, MBA
Tenure: Five years
Industry experience: 25 years

Mike is the chairperson and controlling shareholder of Masimong Group Holdings (Pty) Ltd. He also serves as chairperson and non-executive director of Anchor Group Ltd, Rolfes Holdings Ltd and non-executive director of Richards Bay Coal Terminal (Pty) Ltd. He is a past president of the Minerals Council South Africa (previously the Chamber of Mines) and currently serves on its council. He is also chairperson of the University of Johannesburg council.

Sandile Zungu

Non-Executive Director

Qualification: BSc (Mechanical Engineering), MBA
Tenure: Three years
Industry experience: 30 years

Sandile is the founder and chairperson of Zungu Investments Company (Pty) Ltd, the holding company of his business interests. He currently serves on the BBBEE Presidential Advisory Council and is president of the Black Business Council. He is also a non-executive director of Novus Holdings Ltd, listed on the JSE.

Godfrey Gomwe

Non-Executive Director

Qualification: BAcc, MBL
Tenure: Three years
Industry experience: 40 years

Godfrey has extensive experience as an executive in the metals and mining industry. He is the former CEO of Anglo American plc’s Thermal Coal business, overseeing the manganese interests in the joint venture with BHP. He was an executive director of Anglo American South Africa until August 2012. Godfrey’s career with the company included roles as head of group business development in Africa, finance director and chief operating officer, and chairperson and CEO of Anglo American Zimbabwe Ltd. He also served on the executive committees and operating boards of Kumba Iron Ore Ltd, Anglo American Platinum Ltd, Highveld Steel and Vanadium Ltd (chairperson) and Mondi South Africa (Pty) Ltd (chairperson). He is currently on the board of Thebe Investment Corporation (Pty) Ltd and serves as chairperson of Thebe’s Energy and Resources Advisory Council. He also serves on several listed and unlisted boards, including AECI Ltd, Econet Wireless Zimbabwe Ltd, Orion Minerals Ltd and Tshikululu Social Investments NPC.

Group structure

Seriti is co-owned by five leading black shareholders.

With Dr Anna Mokgokong as chairperson and Mike Teke as CEO, the group is directed by a board and management team who collectively have significant and relevant experience in the acquisition, operation and development of large-scale coal operations.

Industry veterans Dr. Anna Mokgokong and Joe Madungandaba lead CIH Projects – a 100% black-owned conglomerate focusing on mining, energy, healthcare, information and communications technology, infrastructure and logistics.

Sizwe Mncwango leads Thebe, one of South Africa’s leading black-controlled investment companies with significant energy and mining services interests.

Mike Teke and Doug Gain, who have extensive experience operating coal mines, lead Masimong, a broad-based, black-owned and controlled investment company focusing on mining, industrials, financial services, and agribusiness.

Sandile Zungu is the founder and chairperson of Zico, a black-owned private equity business with significant mining and non-mining interests, which is the holding company of his business interests.

Employee/community trust

Employee and Community Trusts

Seriti Resources has allocated an unencumbered shareholding of 5% to trusts established for the benefit of employees and 5% to trusts established for the benefit of the members of communities adjacent its mines.

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