Sep 28, 2012
Reading|Amp|Education|Environment|Eskom|Favourite Music|Gauteng Partnership Fund|Housing|Industrial|Industrial Development Corporation|International Finance Corporation|Nedbank|NuPayment Solutions|Projects|Manchester University|National University Of Lesotho|Finance|Solutions|Allen Morgan|Kevin |Kgalema Motlanthe|Obed Kutoane|Reuel Khoza|Tebello|Jeep Wrangler|Operations
© Reuse this
Full Name: Kutoane Obed Kutoane
Position: CEO of the Gauteng Partnership Fund (GPF)
Main Activity of the Company: Mobilisation and facilitation of funding for affordable housing projects in Gauteng
Date and Place of Birth: Not stated
Education: BA (economics), National University of Lesotho, 1985; MA (economics), Manchester University, 1988; and AMP, Harvard Business School, 2002
First Job: Not stated
Career History Prior to Current Position: Investment officer at the International Finance Corporation, 1993 to 1995; development finance consultant at Nedbank, 1995 to 1996; senior corporate finance manager at MCMB, 1996 to 1997; operations director at BSI, 1997 to 1998; GM: financial strategy advisory at Eskom, 1998 to 2002; COO of the Industrial Development Corporation (IDC), 2002 to 2003; and chairperson of NuPayment Solutions, 2004 to 2007
Size of First Pay Packet: Not stated
First job with Present Group: CEO
Value of Assets under Your Control: R1-billion
Number of People under Your Leadership: 32
Management Style: Largely participatory and consultative
Personal Best Achievement: Winning the Exemplary Leadership Award at Eskom in 2000
Professional Best Achievement: Transforming the GPF from a largely unknown provincial entity into a significant player in provincial housing delivery
Person Who Has Had the Biggest Influence on Your Life: My late father, an Anglican priest and liberation theologian
Person Who Has Had the Biggest Influence on Your Career: Allen Morgan, former CEO of Eskom
Person You Would Most Like to Meet: Deputy President Kgalema Motlanthe
Businessperson Who Has Impressed You Most: Dr Reuel Khoza
Philosophy of Life: The belief in self within the collective is the beginning of success for self and others
Biggest Ever Opportunity: Receiving a scholarship to study abroad
Biggest Ever Disappointment: Not connecting with the then CEO at the IDC, leading to my early exit
Hope for the Future: Advancing further in my career, especially in the high-impact developmental environment
Favourite Reading: Literary books and leadership journals
Favourite TV Programme: History Channel
Favourite Food/Drink: I do not have special preferences
Favourite Music: Contemporary jazz
Favourite Sport: Soccer
Favourite Website: www.hbs.edu
Hobbies: Poetry and outdoor camping
Car: Jeep Wrangler
Miscellaneous Dislikes: Hypocritical people
Favourite Other South African Company: Standard Bank
Favourite Foreign Company: Goldman Sachs
Children: Tebello, 23; Kevin, 19; Tumelo, 9
Clubs: Da Joint Poetry Club
Edited by: Martin Zhuwakinyu© Reuse this Comment Guidelines (150 word limit)
Other Business Leader News
Main Activity of the Company: 3M provides mining & Metallurgy Solutions in Personal Safety, Site Safety, Electrical & Maintenance & Repair Operations. Date and Place of Birth: November 23, 1973, Durban Education: Project management, Damelin, 2002; postgraduate...
Main Activity of the Company: Akhani Group was established when Mine Procurement Solutions (MPS) and Vhaselwa Engineering & Management Consulting (VEM) merged. MPS specialises in customised infrastructure design, development and management for remote workforce and...
Updated 2 hours 2 minutes ago The retail price of 95-grade petrol in South Africa will drop by 45 cents or 3.3 percent a liter from next Wednesday, while wholesale diesel will decrease by 4.9 percent, the government said on Friday. Petrol will cost 13.16 rand ($1.20) a liter while the wholesale...
Updated 2 hours 17 minutes ago Special purpose vehicle GreenCape will, by the end of 2014, make an application to the Department of Trade and Industry (DTI), the Western Cape provincial government and the City of Cape Town to declare Atlantis, on the Western seaboard, a special economic zone...
Updated 2 hours 47 minutes ago The German government has committed a further R70-million towards the second phase of the Non-Motorised Transport (NMT) programme. The NMT programme forms part of the Department of Environmental Affairs’ 2010 FIFA World Cup National Greening Legacy Programme.
Recent Research Reports
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
This Week's Magazine
In the next 20 years, it was expected that, in Africa, more people would live in cities and towns than in rural areas, United Nations Habitat executive director Dr Aisa Kirabo Kacyira said at the Human Settlements Indaba that took place earlier this month in...
Tough-talking Human Settlements Minister Lindiwe Sisulu has committed government to building 1.5-million low-cost houses over the next five years, telling the Human Settlements Indaba in Johannesburg on Wednesday that the State would achieve this target through the...
Over the past 20 years there has been persistent concern about deindustrialisation in South Africa, as well as the fact that locally produced manufactured products have been increasingly displaced by imports.
Financial agreement for Ghanian independent power producer (IPP) Cenpower Generation Company’s $900-million, 350 MW combined-cycle gas-turbine power plant was finalised earlier this month, paving the way for the project’s construction to begin before 2015 in Tema,...
The revenue implications for South Africa of ‘base erosion and profit shifting’ by corporate taxpayers are firmly in the crosshairs of the Davis Tax Committee (DTC) and Judge Dennis Davis hinted last week that recommendations were being considered to “detect and...