Tysys Capital Group
Sifeziwe Ndlovu is a chartered accountant, registered with the South African Institute of Chartered Accountants. She was appointed the chief financial officer of Tysys Capital Group before the age of 30. In essence, her job is to be the muscle that drives the body of the organisation.
She provides the strategic direction of the entity’s financial position, which entails managing the financial actions of the company, debt and reserves, as well as procurement. This entails analysing the company’s financial strengths and weaknesses, risk management, corporate advisory and relationship management.
Sifeziwe is a seasoned financial services professional, having trained at one of the big banks in South Africa. She led Tysys Capital Group to win the award for Best Financial Services Group South Africa 2023 in the Global Financial Market Review. Sifeziwe is very determined to make a difference in the South African economy. She left a big corporation, because she felt she wasn’t having a tangible impact on the lives of South Africans. Now she is working for a medium-sized private company that specialises in developing and financing small, micro and medium enterprises in South Africa.
Not only is Sifeziwe giving back in the corporate space, she is mentoring young women who want to become chartered accountants and helping them with preparation for exams and navigating their articles. Of South Africa’s future Sifeziwe wants the country to embrace SMMEs and realise that the small spaza shops in the townships are the future of this economy and the solution to the unemployment pandemic.
- BCom Accounting Sciences from the University of Pretoria
- BCom Honours in chartered accountancy from the University of Johannesburg
- Chartered accountant, registered with the South African Institute of Chartered Accountants (SAICA)
- Registered tax practitioner
- First-time board pass for both my Initial Test of Competence (ITC) and Assessment of Professional Competence (APC) SAICA exams.
- I did my articles training at one of the most sought after financial services institutions.
- I was appointed the chief financial officer of Tysys Capital Group before the age of 30.
- I led Tysys Capital Group to win the award for Best Financial Services Group South Africa 2023 in the Global Financial Market Review.
My mother has always wanted the best for us. As a professional nurse, her salary was never enough so she started selling cosmetics. On this particular day, she wanted to buy a room divider on credit at the store and when they checked her credit profile, her salary wasn’t high enough for her to be granted that amount of credit. When she told the store about her other source of income, she then qualified for the purchase and the joy in her eyes really made me value all the hard work she did. It was there and then when I swore that I will pursue a career that afforded me a lifestyle that made me as happy as my mom that day.
I would tell my younger self that life is definitely not always going to be smooth. You will be challenged, stretched and scarred but it does get better. Your confidence is your biggest asset and it will take you places. You may sometimes be misunderstood but trust in the values that you were brought up with and you will do great things.
I would like South Africa to be an economically free nation. The financial services sector is still one where previously disadvantaged people do not get to participate fully and I would like to see it be a more inclusive sector in the next five years. I want to see South Africa embrace the small, micro and medium enterprises (SMME) and realise that the small spaza shops in the townships are the future of this economy and the solution to our unemployment pandemic. If we ensure adequate support is provided in developing small businesses, in the next five years we will see the biggest shift in the inclusivity of our economy.