the founder

Coca-Cola Beverages Africa (CCBA) is the largest Coca-Cola bottling partner in Africa, accounting for about 40% of all Coca-Cola volumes sold in Africa. The company’s South African operations trade as Coca-Cola Beverages South Africa (CCBSA), which is the largest Coca-Cola bottler in South Africa. The Coca-Cola Company, has been investing in Africa for 90 years, since 1928, and is present in every African country, with over 70 000 employees across 145 bottling and canning facilities.

We are committed to the future of South Africa and its developing community. This forms part of our CCBA vision for sustainability and is expressed as:

  1. REFRESHED AFRICA (our supply chain): We sustainably source our key agricultural ingredients, complying with industry standards, where applicable; and 
  2. EMPOWERED AFRICA (our employees and communities): We locally source 80% of our inputs with clear indigenisation projects in place to develop local suppliers, and we improve commercial viability for small scale farmers who supply us. 
CCBA factsheet 1.jpg
CCBA factsheet 2.jpg

establishment of the trust

The merger conditions that we have agreed with the Competition Commission are a reflection of our commitment. We have committed to set up a fund for the development of the agricultural value chain, particularly the support and training of historically disadvantaged developing farmers and historically disadvantaged or small suppliers of inputs for Appletiser SA and CCBSA products with a view to making them competitive and sustainable.

Our agricultural value chain includes grapes, lemons, oranges, litchis, mangos, peaches, apples, pears and guavas, all of which are consumed in our supply chain as juice or juice concentrate, and of course, sugar.

This fund is held in a Trust which supports qualifying beneficiaries with grants, loans, equity and quasi-equity, as well as training and development.

vision

Our vision is to see:

  • A transformed agricultural sector;
  • Enable the creation of economic access to markets for historically disadvantaged and developing farmers;
  • Creation of strategic partnerships where we work together with likeminded stakeholders to deliver tangible economic value;
  • Become the most valued partner in Agricultural Development and 
  • Ensure the sustainability of flourishing farmers and small suppliers of inputs. 

TRUSTEES

Our management board is made up of five Trustees, of whom the majority of independent. The board is structured to be made up of 80% black individuals, and 40% black women. The team brings with them a variety of skills and knowledge to guide the Foundation.

  KHOMOTSO LETSATSI     Independent Trustee and Chairperson of the Board     Khomotso Letsatsi is currently a Non-Executive Director and Chairperson of the Coca Cola Beverages South Africa Mintirho Foundation and she is also the Chairperson of the Investment Committee. She recently resigned after serving two terms on the board of Association of Corporate Treasurers of South Africa (ACTSA). Previously she served as Non-Executive Director on the Board of Sekhukhune Development Agency including been a Member of the Finance Committee. She also served as the Chairperson of Assets & Liability Committee in the City of Johannesburg.   She is the founding partner of MatMap Investments. She is currently an independent consultant with the United Nations Capital Development Fund (UNCDF) responsible for East Africa and Asia with specific focus on municipal investment finance. She is also consulting for Gauteng Partnership Fund (GPF) with specific focus on developing alternative financing solutions for bulk infrastructure.   Prior to founding MatMap Investments she was the Group Treasurer in the City of Johannesburg.  Khomotso served in the public sector for over 18 years in numerous organisations including National Treasury and Public Investment Corporation (PIC).   She has been in the forefront of developing and executing financial turnaround strategies in the City of Johannesburg that resulted in the credit rating upgrades by both Moodys Ratings Agency and Fitch. With a strong financial services background Khomotso led the team that formulated innovative funding strategies to finance COJ’s R100 billion infrastructure over 10 years resulting in the issuance of the first listed Green Bond that also won 2015 innovative award from C40 in Paris.   On the international front, Khomotso served as the technical advisor to Member of the Mayoral Committee of Finance on global forums including Metropolis Fund for Cities (FMDV) headquartered in Paris. The innovation in municipal infrastructure financing by the City of Johannesburg made it possible for former MMC Finance Geoffrey Makhubo’s appointment as FMDV Co-President with the Deputy Mayor of Paris. Metropolis established in 1985 is an association of over a 130 of the world’s largest cities and urban centres.

KHOMOTSO LETSATSI

Independent Trustee and Chairperson of the Board

Khomotso Letsatsi is currently a Non-Executive Director and Chairperson of the Coca Cola Beverages South Africa Mintirho Foundation and she is also the Chairperson of the Investment Committee. She recently resigned after serving two terms on the board of Association of Corporate Treasurers of South Africa (ACTSA). Previously she served as Non-Executive Director on the Board of Sekhukhune Development Agency including been a Member of the Finance Committee. She also served as the Chairperson of Assets & Liability Committee in the City of Johannesburg.
 
She is the founding partner of MatMap Investments. She is currently an independent consultant with the United Nations Capital Development Fund (UNCDF) responsible for East Africa and Asia with specific focus on municipal investment finance. She is also consulting for Gauteng Partnership Fund (GPF) with specific focus on developing alternative financing solutions for bulk infrastructure.
 
Prior to founding MatMap Investments she was the Group Treasurer in the City of Johannesburg.  Khomotso served in the public sector for over 18 years in numerous organisations including National Treasury and Public Investment Corporation (PIC).
 
She has been in the forefront of developing and executing financial turnaround strategies in the City of Johannesburg that resulted in the credit rating upgrades by both Moodys Ratings Agency and Fitch. With a strong financial services background Khomotso led the team that formulated innovative funding strategies to finance COJ’s R100 billion infrastructure over 10 years resulting in the issuance of the first listed Green Bond that also won 2015 innovative award from C40 in Paris.
 
On the international front, Khomotso served as the technical advisor to Member of the
Mayoral Committee of Finance on global forums including Metropolis Fund for Cities (FMDV)
headquartered in Paris. The innovation in municipal infrastructure financing by the City of
Johannesburg made it possible for former MMC Finance Geoffrey Makhubo’s appointment
as FMDV Co-President with the Deputy Mayor of Paris. Metropolis established in 1985 is an
association of over a 130 of the world’s largest cities and urban centres.

  ANDRE ROSS     Independent Trustee    With a strong financial services background Andre Ross has played a leading role in the work done with various Financial Institutions and Central Bank clients across the continent.    He has been at the forefront of numerous landmark deals in Africa and has been recognized through, amongst others, the 2013 ABSIP Dealer of the Year, and Banker’s Africa Debt Deal of the Year, Awards.  Previously, he worked in development finance, based out of Israel.  A highly determined, driven and persistent individual, André has a keen social conscience and is passionate about having a broader impact in society as a whole.  Named in the 2015 “FN Extra Mile: 40 in finance who go further for others”.  He co-founded and chairs the Jala Peo Foundation, a sport-for-development NGO, whose programmes have received international and national awards such as the Beyond Sport Local Impact (2014), Murray and Roberts Jack Cheetham Sport Development Program of the Year (2014) and the South Africa Sports Industry Development Program of the Year (2015) Awards.  As a leader Andre has a telling influence on those around him and he not only purposefully empowers those around him, but is also very comfortable to be surrounded by people who are better than himself in order to make a greater overall impact/contribution or achieve a certain goal.    His leadership ability and integrity was recognized by his inclusion in the highly competitive Archbishop Desmond Tutu African Fellows (2016), where he was voted one of the strongest contributors and representatives on the prestigious AFLI Tutu Fellowship.   He was named as a finalist for 2016 for the global Marsh Award for Peacemaking and Peacekeeping.  He holds a Bachelor of Accounting and MBA (Cum Laude, UCT) degrees, and is a sucker for punishment, having completed the Absa Cape Epic (three times) and climbed Kilimanjaro.

ANDRE ROSS

Independent Trustee

With a strong financial services background Andre Ross has played a leading role in the work done with various Financial Institutions and Central Bank clients across the continent.  

He has been at the forefront of numerous landmark deals in Africa and has been recognized through, amongst others, the 2013 ABSIP Dealer of the Year, and Banker’s Africa Debt Deal of the Year, Awards.  Previously, he worked in development finance, based out of Israel.

A highly determined, driven and persistent individual, André has a keen social conscience and is passionate about having a broader impact in society as a whole.  Named in the 2015 “FN Extra Mile: 40 in finance who go further for others”.

He co-founded and chairs the Jala Peo Foundation, a sport-for-development NGO, whose programmes have received international and national awards such as the Beyond Sport Local Impact (2014), Murray and Roberts Jack Cheetham Sport Development Program of the Year (2014) and the South Africa Sports Industry Development Program of the Year (2015) Awards.

As a leader Andre has a telling influence on those around him and he not only purposefully empowers those around him, but is also very comfortable to be surrounded by people who are better than himself in order to make a greater overall impact/contribution or achieve a certain goal.  

His leadership ability and integrity was recognized by his inclusion in the highly competitive Archbishop Desmond Tutu African Fellows (2016), where he was voted one of the strongest contributors and representatives on the prestigious AFLI Tutu Fellowship.   He was named as a finalist for 2016 for the global Marsh Award for Peacemaking and Peacekeeping.

He holds a Bachelor of Accounting and MBA (Cum Laude, UCT) degrees, and is a sucker for punishment, having completed the Absa Cape Epic (three times) and climbed Kilimanjaro.

  MATSHIDISO RAMOGASE     CCBSA Appointed Trustee    From February 2010 until her appointment to CCBSA, Tshidi Ramogase headed up ABI's Corporate Affairs team. She has worked for leading multinationals across both the mining and FMCG industries, including BHP Billiton, Unilever and SAB (Pty) Ltd. Her 20 year working career spans both Human Resources (12 years) and Corporate Affairs (8 years).   Having completed a social science degree at the University of Cape Town and having spent her full career in the area of humanities, she boasts very strong interpersonal relationship skills. Her time working in senior executive roles in HR has been the foundation of her strong ability to secure commitment and inspire others to deliver to their individual best potential. This has also contributed to her ability to lead and manage change while maintaining high levels of engagement.   In her current role and prior roles as both an Executive and Non-Executive Director on various boards and industry bodies, she has strengthened her ability to direct and lead business strategy and to conceptualise initiatives that enhance business reputation and support improved profits. She is a passionate, energetic and optimistic professional who is determined to succeed while developing others.

MATSHIDISO RAMOGASE

CCBSA Appointed Trustee

From February 2010 until her appointment to CCBSA, Tshidi Ramogase headed up ABI's Corporate Affairs team. She has worked for leading multinationals across both the mining and FMCG industries, including BHP Billiton, Unilever and SAB (Pty) Ltd. Her 20 year working career spans both Human Resources (12 years) and Corporate Affairs (8 years). 

Having completed a social science degree at the University of Cape Town and having spent her full career in the area of humanities, she boasts very strong interpersonal relationship skills. Her time working in senior executive roles in HR has been the foundation of her strong ability to secure commitment and inspire others to deliver to their individual best potential. This has also contributed to her ability to lead and manage change while maintaining high levels of engagement. 

In her current role and prior roles as both an Executive and Non-Executive Director on various boards and industry bodies, she has strengthened her ability to direct and lead business strategy and to conceptualise initiatives that enhance business reputation and support improved profits. She is a passionate, energetic and optimistic professional who is determined to succeed while developing others.

  WALTER LEONHARDT     CCBSA Appointed Trustee    Prior to his appointment to CCBSA, Walter Leonhardt gained extensive experience in the beverage sector, having occupied key roles in both the beer and soft drinks divisions of SAB. With a strong background in finance and business support, as well an in-depth understanding of the industry, Walter brings exceptional skills and insight to his role as Financial Director at CCBSA.   His expertise has proven especially valuable in the context of challenging trading conditions in the past few years, where he led several large finance projects to optimise ABI's productivity, which vastly improved its systems. These included the centralisation and optimisation of ABI's finance structure as well as its credit model which delivered greater efficiencies and enhanced service to the business.   Walter is a professional who pays meticulous attention to detail as well as being a seasoned and knowledgeable analyst in his field. He is also passionate about environmental issues, both professionally and in his personal capacity.

WALTER LEONHARDT

CCBSA Appointed Trustee

Prior to his appointment to CCBSA, Walter Leonhardt gained extensive experience in the beverage sector, having occupied key roles in both the beer and soft drinks divisions of SAB. With a strong background in finance and business support, as well an in-depth understanding of the industry, Walter brings exceptional skills and insight to his role as Financial Director at CCBSA. 

His expertise has proven especially valuable in the context of challenging trading conditions in the past few years, where he led several large finance projects to optimise ABI's productivity, which vastly improved its systems. These included the centralisation and optimisation of ABI's finance structure as well as its credit model which delivered greater efficiencies and enhanced service to the business. 

Walter is a professional who pays meticulous attention to detail as well as being a seasoned and knowledgeable analyst in his field. He is also passionate about environmental issues, both professionally and in his personal capacity.

  LESIBA MALOBA     Independent Trustee                                           Lesiba Maloba is currently a Non-Executive Director on the Board of the Mpumalanga Growth Agency (MEGA) where he serves on the Finance and Investment Committee and the Human Resources Committee.  He is also a consultant at the Department of Public Works assisting on strategic projects for the property division.  He previously served in Board positions including non-executive directorships at the Victoria & Alfred Waterfront and the Rosebank Management District and as an invitee to the Public Investment Corporation (PIC) Board, Investment Committee and Property Committee meetings.  Lesiba previously held senior positions that included Leader: Transaction Real Estate Sub-Sahara Africa at Ernst & Young (EY); General Manager: Properties at the Public Investment Corporation (PIC); and Deal Originator and Asset Manager at Old Mutual Properties.  Lesiba obtained a Bachelor of Science in Urban Studies (1997) and Masters of Community Planning (2001) from the University of Cincinnati in Ohio, U.S.A, specialising in economic development, economic geography, and real estate investment and finance

LESIBA MALOBA

Independent Trustee
                                       
Lesiba Maloba is currently a Non-Executive Director on the Board of the Mpumalanga Growth Agency (MEGA) where he serves on the Finance and Investment Committee and the Human Resources Committee.  He is also a consultant at the Department of Public Works assisting on strategic projects for the property division.  He previously served in Board positions including non-executive directorships at the Victoria & Alfred Waterfront and the Rosebank Management District and as an invitee to the Public Investment Corporation (PIC) Board, Investment Committee and Property Committee meetings.

Lesiba previously held senior positions that included Leader: Transaction Real Estate Sub-Sahara Africa at Ernst & Young (EY); General Manager: Properties at the Public Investment Corporation (PIC); and Deal Originator and Asset Manager at Old Mutual Properties.

Lesiba obtained a Bachelor of Science in Urban Studies (1997) and Masters of Community Planning (2001) from the University of Cincinnati in Ohio, U.S.A, specialising in economic development, economic geography, and real estate investment and finance

 

EXECUTIVE MANAGEMENT

 
  GAOPALELOE MOTHOAGAE     Executive Head of the Mintirho Foundation    Gaopaleloe Mothoagae is a visionary, inspirational and motivational leader with more than 15 years’ experience in both Financial Management and Corporate Affairs Management. She started her career as an Auditor at Ernst & Young where she served her articles to become a Chartered Accountant.  She moved on to specialise in internal auditing for a short period of time before moving to ABI as a Management Accountant.  A strong cornerstone of Gaopaleloe’s experience is developing and articulating sustainable development strategies and profiling business as a best practice company in the sustainable development field to award winning status  Focusing over the last few years on the broad spectrum of sustainable development and transformation issues as they impact business, Gaopaleloe has made a significant impact in the recycling space and in community development; winning awards for programs she has implemented on end to end recycling business as well as in the education of young children. She has also won awards for her work in employee volunteering and community engagement.   Her experience in Enterprise Development has led her in establishing a youth business initiative in FMCG and assisting small business involved in recycling to start improve their operational efficiencies.  Gaopaleloe’s strong passion lies in youth empowerment and her programs focus on ways to alleviate the plight related to unemployment and skills shortages which are linked strongly to the development of women of all ages within development programs underpinned by innovative enterprise development support models.   A qualified chartered accountant, she has shown winning leadership in innovative and flexible ways of solving problems and in redirecting strategy and project planning to achieve social results while driving business strategic objectives. 

GAOPALELOE MOTHOAGAE

Executive Head of the Mintirho Foundation

Gaopaleloe Mothoagae is a visionary, inspirational and motivational leader with more than 15 years’ experience in both Financial Management and Corporate Affairs Management. She started her career as an Auditor at Ernst & Young where she served her articles to become a Chartered Accountant.  She moved on to specialise in internal auditing for a short period of time before moving to ABI as a Management Accountant.

A strong cornerstone of Gaopaleloe’s experience is developing and articulating sustainable development strategies and profiling business as a best practice company in the sustainable development field to award winning status

Focusing over the last few years on the broad spectrum of sustainable development and transformation issues as they impact business, Gaopaleloe has made a significant impact in the recycling space and in community development; winning awards for programs she has implemented on end to end recycling business as well as in the education of young children. She has also won awards for her work in employee volunteering and community engagement. 

Her experience in Enterprise Development has led her in establishing a youth business initiative in FMCG and assisting small business involved in recycling to start improve their operational efficiencies.

Gaopaleloe’s strong passion lies in youth empowerment and her programs focus on ways to alleviate the plight related to unemployment and skills shortages which are linked strongly to the development of women of all ages within development programs underpinned by innovative enterprise development support models. 

A qualified chartered accountant, she has shown winning leadership in innovative and flexible ways of solving problems and in redirecting strategy and project planning to achieve social results while driving business strategic objectives.