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Having completed his Bachelors of Commerce with Honours at UNISA, with a postgraduate diploma in  Accounting and Auditing, Sipho went on to achieve a Masters of Science in Finance and Financial law at the University of London.

Sipho completed his articles at KPMG, he then went on to hone his skills with experience at SCMB & Marriot with a focus on deal structuring, debt and equity raising as well as focusing on JSE listings. In 2005 Sipho joined MIC, the investment wing of NUM as an Investment Manager, during this time he represented the company as a Non-Executive Director at its various subsidiaries. Sipho currently represents NUMPROP, the property investment wing of NUM as Managing Director.



Philemon joined NUM from 1985 until 2000 after which he joined NUMPROP. His task was to operationalise the company NUMPROP in 2000, which was at the time managed by CPS. Philemon is a Property Manager and Developer as well as a Social Housing Practitioner.

Philemon was one of the first group of full shop stewards in REGM involved in the improvement and development of housing and accommodation for NUM members over a period of time.  He served as a Non-Executive Director on behalf of NUM in various Boards and Committees, managing the relationship between NUM and NUMPROP.



David Godukile Macatha joined the National Union of Mineworkers in 1992 when Eskom took over Becor. He was elected a depot committee chairperson in 1992 and elected NUM Branch Chairperson in 1995. He became Eskom Full Time Shop Steward in 1999.  Macatha was elected Matlosana Regional Treasurer in 1999 and he was then elected Matlosana Regional Chairperson in 2002, and re-elected in 2005 and in 2008. In 2009, he was elected National Treasurer General of the NUM and re-elected uncontested to the position in 2012 and re-elected in as to the position of Treasurer General in the 15th congress of the NUM in June 2015.



Simphiwe is the Chief Operating Officer at Mineworkers Investment Trust, and director at Mineworkers Recycling Services, Marula Natural Products, JB Marks Education Trust Fund, Elijah Barayi Memorial Training Centre, Numprop, JB Marks, Mineworkers Development Agency, and EBMTC. He plays a critical role of ensuring that all subsidiary companies of MIT  achieve the required investment yield targets in the most efficient and effective manner.



Cynthia joined MIC on 1 September 2008. She is a chartered accountant and served her articles of clerkship with
Deloitte & Touche in Zimbabwe. In 2003 she transferred to the firm’s South African operations as an audit manager and
was subsequently appointed audit partner. Cynthia serves on the boards of several of MIC’s investee companies.
She holds professional memberships with the South African Institute of Chartered Accountants and the Institute of
Chartered Accountants Zimbabwe.

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