Sithembiso Ntombela

Sithembiso Ntombela Email and Phone Number

Co-Founder @ FutureCrops Holdings
Johannesburg, GP, ZA
Sithembiso Ntombela's Location
Johannesburg, Gauteng, South Africa, South Africa
About Sithembiso Ntombela

Highly experienced executive and entrepreneur with over 15 years of experience across operations, strategy, fund management, and entrepreneurship holing key leadership roles, including COO of Adnotes Group, where he managed operations and administrative functions of subsidiaries in Telecoms and Network Distribution, notably pioneering TV White Spaces and spectrum switch technology. As a co-founder and former CEO of the Growth Catalyst Fund contributing to the development of green economy projects in Namibia and South Africa. He has also served as an Executive Director at VJQ Holdings, overseeing operations and initiatives for portfolio companies like Empowerdex Group, Cap Africa, and Africa Empowered. During his time at VJQ, he was part of the advisory team that structured the South African Sugar Association's R1 billion Transformation Strategy and Fund, benefiting 21,000 small-scale farmers. Sithebiso was a Deputy Director in the Office of the Director General and headed the Mzansi Golden Economy Fund at the National Department of Arts and Culture, contributing to the Ministerial Operation Phakisa. He also previously managed SMEs and fund initiatives as Fund Manager at the UCT GSB Centre for Innovation and Entrepreneurship, where he oversaw significant funds from the Swiss-South African Initiative (SSACCI) and the IFC Grassroots Business Initiative.

Sithembiso Ntombela's Current Company Details
FutureCrops Holdings

Futurecrops Holdings

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Co-Founder
Johannesburg, GP, ZA
Employees:
2
Sithembiso Ntombela Work Experience Details
  • Futurecrops Holdings
    Co-Founder
    Futurecrops Holdings
    Johannesburg, Gp, Za
  • Futurecrops Holdings
    Co-Founder | Coo
    Futurecrops Holdings Jul 2024 - Present
    2191, Johannesburg, Gauteng, South Africa
  • Growth Catalyst Fund
    Co-Founder, Executive Director
    Growth Catalyst Fund Mar 2019 - Present
    City Of Johannesburg, Gauteng, South Africa,
    Overseeing of the partnership, shareholder, stakeholder engagements and the development of information memoranda and investor engagements for the New Green Economy 2030 and daily operation of the Fund- Supervised the corporate governance exercise with the formation, recruitment, and appointment of the of Board, subcommittee, and advisory committees- Supervised the scoping of 35 smart green modules projects in Namibia and South Africa and led the project preparation and investment readiness process with participating enterprises - Coordinated and crafted the organization 10-year strategic roadmap with operational KPIs, OKRs- Secured and signed partnership agreement with the Environmental Investment Fund towards the implementation of the $10bn New Green Economy in Namibia and Hydrogen - Supervised the investor readiness capacitation program that provided training and development of 158 Green Entrepreneurs and Professional in the technical and business aspect of the green economy- Led and supervised launch of the green industrialist program with participants from Namibia and South Africa
  • Adnotes
    Coo
    Adnotes Mar 2022 - Oct 2024
    South Africa
    As COO, I have driven significant growth, increasing the company’s annual revenue from single digits to double digits revenue by focusing on performance, innovation, and sustainability. My leadership has enhanced operational efficiency, strengthened long-term contract acquisition, and scaled the business.Key Achievements:Operational Leadership: Oversaw daily operations of 3 subsidiaries and 6 department heads, ensuring strategic alignment and cross-functional collaboration.Management Committee Chairperson: Established and chaired a committee to guide decision-making on projects, strategy, and financial performance.Project Management Office: Launched a PMO, centralizing project design and reporting, leading to seamless project execution.Revenue Growth: Spearheaded initiatives resulting in 5x revenue growth by major and long-term contracts.Retail Business Expansion: Grew Network OTP offerings from hundreds to upper thousands clients in 30 months.Kaizen Program: Led a continuous improvement program across departments, boosting productivity and efficiency and increasing profitability.Strategic Leadership: Directed strategic initiatives, implementing key policies to drive performance and scalability.Financial Oversight: Managed the company’s financial health, ensuring income and budgetary goals were consistently met.CEO Support: Served as a strategic partner, leading major projects and contributing to the company’s growth strategy.
  • Vjq Holdings
    Executive Director
    Vjq Holdings Mar 2019 - Mar 2022
    City Of Johannesburg, Gauteng, South Africa
    - Led coordination and drafting of the standard industry principles document and led a series of stakeholder and government consultation buy-in that enabled all the sugar cane growers and millers contributors to apportion their levy contributions as part of the transformation imperatives in line Broad Based Black Economic Empowerment legislation. - Formulating and structuring of South African Sugar Association R1bn Transformation Fund to support 21 000 small scale farmers - Advisory services to the Commission Namibia National Equitable Advisory on Empowerment Framework Bill- Black Retailers Transformation Fund
  • Department Of Arts And Culture
    Head Of Mzansi Golden Economy Fund
    Department Of Arts And Culture Sep 2017 - Feb 2019
    Pretoria, Gauteng, South Africa
  • Department Of Arts And Culture
    Deputy Director Administration
    Department Of Arts And Culture Jul 2014 - Aug 2017
    Pretoria, Gauteng, South Africa
    Worked in 3 key offices; Office of the Director General as special project manager and head of office, in the Ministry as operation phakisa team and Arts, Cultural Development and Promotion branch as head of MGE funding. - Responsible for leading and implementing the Mzansi Golden Economy Funding strategy to reposition the creative and cultural industries in South Africa inline with NDP, opening up the arts, culture and heritage contribution to economic growth and job creation. - Turnaround two portfolios (fund unit, special projects) within the period of 3 years - Improved processes and reporting of large-scale projects work streams consisting of funding and support of hundreds of enterprises and projects such as, National Arts Business Incubation, Cultural events, Touring Ventures, Legacy projects, Cultural precincts, Public Art, Art Bank, National Academy for Cultural & Creative Industries of SA, Artists in Schools, Cultural Observatory.- Supervised the review, turnaround strategy and operational excellence of the Mzansi Golden Economy Fund (R300 million p.a) by redesigning the fund mandate, funding process, governance and the implementing the digital portal migration. - Resourced and launched 2 sub funding streams (Debut Fund, Venture Capital Fund) - Overseeing the yearly strategic planning of the Arts, culture and promotion branch - Championing and overseeing the arts and culture world economic forum programing- Led the planning and implementation of the inaugural Africa Month inter continental program
  • Department Of Arts And Culture
    Acting Head Of Office-Office Of The Director General
    Department Of Arts And Culture Sep 2014 - Mar 2015
    Pretoria, Gauteng, South Africa
  • Vjq Holdings
    Executive Director
    Vjq Holdings Aug 2009 - Jun 2014
    Johannesburg Metropolitan Area
    Overseeing the operations in the private office of the Founder and Chairman with managing interests in Empowerdex, Africa Empowered, Intellidex, Cap Africa, Blaque and Equilibrium Magazine Led all strategic projects in advisory, deal dealing and reporting Planning and execution for internal, external communications across subsidiaries, portfolio companies and key clients Special Projects; - ‘Eyethu Sonke le BEE’ national campaign with NEF and Dti, a program focused on grassroots implementation of Black Economic Empowerment within the SMEs across the country - BBBEE funding instruments comparative study for National Empowerment Fund - Engen Enterprise Development program - ABB Supplier Development Program - CAP Africa private equity deal with DB Schenker South Africa- Petronas-Engen BEE transaction Formulation- Global Dignity Clubs with Shanduka Foundation, a program that invested and supported learners in school projects
  • Graduate School Of Business - University Of Cape Town
    Small Business Development Manager
    Graduate School Of Business - University Of Cape Town Oct 2006 - Jul 2009
    Cape Town, Western Cape, South Africa
    - Managed and coordinated the activities of the fund for the emerging enterprises of the Swiss-South African Cooperation Initiative and the World Bank; International Finance Corporation Grassroots Business - Provided unsecured debt to SMEs at pre-seed and seed stage (sourcing, due diligence, funding memo’s, financials, post funding support, shareholder and stakeholder reporting.- Coordinated and managed all the entrepreneurship development trainings including timetabling, sourcing of lectures, scheduling a coherent course plan - Project managed the yearly Small Business Linkages Conference and Expo that led to the increase of procurement and funding opportunities - Compilation of Management and annual reports for the administered programmes to the Executives and Funders - Responsible for the quality assurance of the Market Research for the Global Entrepreneurship Monitor, South Africa Report (GEM Report SA) - Lectured and Tutored New Ventures Creation Module at Raymond Ackerman Academy and Faculty of Science- Supervised and coordinated MBA consulting projects with qualifying SMEs-Independent assessor to the Allan Gray Orbis Foundation scholarship and fellowship program
  • Sappi
    Graduate Trainee Program
    Sappi Jan 2006 - Jun 2006
    Pietermaritzburg, Kwazulu-Natal, South Africa
    Rotated within the Forest Division in the regional office to learn about the the business across silviculture, harvesting and milling.

Sithembiso Ntombela Education Details

Frequently Asked Questions about Sithembiso Ntombela

What company does Sithembiso Ntombela work for?

Sithembiso Ntombela works for Futurecrops Holdings

What is Sithembiso Ntombela's role at the current company?

Sithembiso Ntombela's current role is Co-Founder.

What schools did Sithembiso Ntombela attend?

Sithembiso Ntombela attended Graduate School Of Business - University Of Cape Town, Graduate School Of Business - University Of Cape Town, University Of Kwazulu-Natal.

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