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Our Team of Professionals

Vision, intelligence and drive are the most critical components for any successful enterprise. The management of CIVH commands decades of history of working together in operational roles at leading organisations in South Africa and abroad. Each team member brings a unique set of skills and experience to form a powerful and seasoned team.

We understand how hard it is to start a prosperous business. The CIVH team has hands-on experience in operating and managing companies, assisting in new ventures and serving in top management positions at revolutionary technology companies. As managers with accountability for profits and responsibility for bringing new products and services to market, we have also learnt some hard lessons. We know that success is rarely a straight line.

Our Executive Team

Cilliers Steyn (47)
BCom CA (SA)

Cilliers completed his internship at Theron du Toit (currently PWC) in 1991. After that he held various financial positions including Internal Auditor (Denel), Financial Manager (Pretoria Metal Pressings, a division of Denel) and Manager of Business Planning and later of Corporate Finance at Iscor (currently Arcelor Mittal).

He joined the Rock-IT Fund management team in 1999 as Financial Director and was intimately involved in the investment, financial, corporate finance, legal and administrative aspects. As the Financial Director of CIVH, Cilliers was responsible for the raising of approximately R 2,000 million (USD 250 million) in funding for investment in DFA and other portfolio companies in the CIVH group. He serves on the boards of various private companies and became the CEO of CIVH in 2011.

Nic Venter (58)
Dip Mech; MBA

Nic has an engineering background and obtained his business management qualification in 1979 from the University of Pretoria. His business career commenced in 1980 when he founded a technology focused engineering manufacturing company. Nic has subsequently been involved in numerous successful business ventures of which his role as a founder and MD of Dimension Data Telecommunications is well known.

Nic was one of the founders of the Rock-IT Fund in 1999, a predecessor of the Fund. The successful track record of Rock-IT Fund is evidenced by the superior returns generated by it over 12 years. The portfolio companies employ more than 700 persons, annual turnover is approaching ZAR 2,000 million and the market value exceeds ZAR 2,600 million.

In this group, Nic’s entrepreneurial flair was used at its optimum to launch and incubate technology ventures and develop them into effectively managed companies. Nic serves on the boards of various private companies and institutions, many of them as chairperson.

Khudusela Pitje (38)
CA (SA)

Born into an entrepreneurial family and guided at an early age by his late father HM Pitje, Khudu started his entrepreneurship at the age of seventeen. Unable to secure a bursary, he launched his career with Lindsay Saker in 1994 while studying part time for his CTA, which he obtained in 1999 through the University of SA. Khudu joined Price Waterhouse Coopers, where he supervised audits of companies such as Nike SA, Otis, University of the Witwatersrand, African Cables and Carrier SA.

Thereafter, Khudu spent three years with JPMorgan SA, two of which were on secondment to the London office, focusing on transactions in the energy, telecommunication and manufacturing sectors. Upon leaving JPMorgan Khudu launched an investment company focusing on micro businesses prior to founding New Gx. The company amongst other investments invested in Alan Dick Telecoms Infrastructure SA, a UK telecom infrastructure business with a presence in SA.

In 2009 he was honoured as a finalist in the Ernst & Young World entrepreneur awards in the “Emerging Entrepreneur Category” and sits on the board of numerous companies, many of which are part of the New Gx investment portfolio.

Richard Came (54)
Executive Director
BA, MBA


  • Employed as a management consultant at Arthur Andersen Consulting (Accenture)
  • was a co-founder of Dimension Data Plc. Served in numerous positions where he was ultimately responsible for group strategy and marketing. During his 18-year tenure, he played a key role in the group's business development activities and was involved in numerous mergers, acquisitions and disposals, the initiation and establishment of two venture capital funds and was the founder and CEO of several Dimension Data subsidiaries, including Causeway Communications, Lattice Technologies, Dimension Data Interactive and Dimension Data UK.
  • Was involved in moving the company's primary listing to the London Stock Exchange where the company was included as a member of the FTSE100. This coincided with several successful fund raising initiatives totaling in excess of $2 billion in both the local and international markets.
  • Invested in various technology focused venture capital and private equity initiatives and continued to serve on the boards of Prism Payment Technologies and Healthbridge.
  • Employed as a management consultant at Arthur Andersen Consulting (Accenture)
  • was a co-founder of Dimension Data Plc. Served in numerous positions where he was ultimately responsible for group strategy and marketing. During his 18-year tenure, he played a key role in the group's business development activities and was involved in numerous mergers, acquisitions and disposals, the initiation and establishment of two venture capital funds and was the founder and CEO of several Dimension Data subsidiaries, including Causeway Communications, Lattice Technologies, Dimension Data Interactive and Dimension Data UK.
  • Was involved in moving the company's primary listing to the London Stock Exchange where the company was included as a member of the FTSE100. This coincided with several successful fund raising initiatives totaling in excess of $2 billion in both the local and international markets.
  • Invested in various technology focused venture capital and private equity initiatives and continued to serve on the boards of Prism Payment Technologies and Healthbridge.
  • Invested in CIVH. Executive responsibilities include deal sourcing and negotiation, fund-raising and ongoing management of portfolio companies.

Joe Madungandaba - Executive Director

Education
  • B.Com from the University of North
  • Certificate in Taxation from Unisa Business Career
  • Completed Articles of Clerkship with Arthur Young and Company (now Ernst and Young)
  • Lectured for the Small Business Advisory Bureau at the University of Potchefstroom's Faculty of Commerce
  • Developed a proven record as an entrepreneur. Has been able to construct meaningful, and mutually rewarding BEE structures
  • Co-founder and CEO of Community Investment Ventures, a black empowerment investment company with interests in power and telecommunications, health care and logistics.

Dr. Anna Mokgokong - Non-Executive Director

Education
  • BSc,
  • MB ChB

Business Career
  • On leaving university, Dr Mokgokong established a private practice, which she grew from scratch to a patient base of 40 000. The problems she encountered among her patients led to her initiation of numerous community health care initiatives.
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