Latest news with #Satrix
News24
07-05-2025
- Business
- News24
Powerhouse CEO Fikile Mbhokota shares how motherhood reshaped her money mindset
Fikile Mbhokota has 20 years' experience in finance and is the CEO of Satrix. Growing up disadvantaged taught Fikile to be laser focused on financial education for her kids. As a PhD student, runner and mom of two, Fikile shares how important it is to prioritise your identity. ________________________________________________________________________ Fikile Mbhokota has spent more than 20 years leading the charge in the financial markets and investment industry. Not only is she the current CEO of the financial institution Satrix, Fikile has held the positions of Acting Head of Investments and trustee at the Government Employees Pension Fund (GEPF), Africa's largest pension fund, all while completing a PhD. On top of all of that, Fikile is a mom to a seven and 10 year old as well as an avid runner, proving to herself and those who look up to her that every dream is achievable. 'I believe in the process: just start stay consistent and give it time,' she explains when it comes to balancing the demands of the day with planning for her children's future. Leaving a legacy Becoming a mother shifts what matters to you most, and with Fikile, having children made it clear that wealth building and leaving a legacy for her family starts at home. She says, 'Being a mom changes everything. You want to do better, not just for yourself, but for them. I became more determined to improve on what previous generations couldn't, simply because they didn't have the opportunities at the time. My grandparents didn't finish school. My parents' generation fared better; many were teachers or public servants. 'I was fortunate to study what I wanted, but I started with nothing. My father did his best, and I'm grateful for that. But now, I want my children to have a head start – whether that's a car or flat when they need it or the option to study abroad and to create generational wealth for them.' @nicolettemashile CEO of Satrix Fikile Mbhokota explains the difference between investing in Infividual stocks vs ETFs ans the benefits #ownthemarket @Glamour South Africa ♬ original sound - Nicolette Mashile Fikile reflects that 'Motherhood made me laser-focused on using my opportunities to create something better for the next generation and the generation after that.' Start small and keep it simple Starting your own investing journey and paving the path for generational wealth and financial freedom can seem daunting with no clear insight into where to begin. Your choices need to be practical and simple enough to stick to. I feel like sometimes we tend to complicate things or want quick results – such as wanting wealth fast and wanting to see impact immediately. But it doesn't work like that. It's about consistently making an effort each day, putting in the hours and doing something small, and trusting that over time, it pays off. Fikile Mbhokota Fikile gives some advice for moms who might be feeling overwhelmed about their own saving and investing journey. 'When you get overwhelmed, you risk doing nothing at all – so just start. If you didn't grow up in a family that invested, you may not truly understand the power of compound returns until you experience it for yourself. But once you begin, you'll see the benefits, and that will motivate you to stay the course. 'Try to learn a little about investing every day; take 30 minutes to read, research, listen to a podcast, or chat with an adviser. Those small, consistent efforts will add up over time. Trust the process. Once you see the results, you'll find more focus, greater clarity, and real conviction.' Embracing every facet of her identity While raising financially educated children is a job all on its own, Fikile is adamant about expressing her personal identity with small efforts every day. 'For me, it starts with knowing what's important – my kids, my work, staying physically and mentally healthy, the things that matter to me,' Fikile shares. 'I don't look at what others are doing; I focus on what fulfils me, so I can keep doing these things with conviction, without getting bored or uninspired. I stay in tune with who I am and my purpose – that makes even the boring tasks more fulfilling. They're my tasks, my goals, my choices, my commitments. 'I always ask myself, 'I've got 24 hours – how do I optimise them?' Whether it's a morning run or inspiring chats with my kids during school drop-off, I structure my day around my priorities. Never underestimate what you can do with 24 hours. Every small action compounds. One day, you'll look back and realise you've accomplished something beautiful from those small, consistent efforts.'
Zawya
14-03-2025
- Business
- Zawya
South Africa: How to authentically embrace diversity, equity and inclusion in your business operations?
We've all seen big businesses attempt to jump on the latest trend or global movement, positioning themselves as 'the brand that cares'. But when these efforts are purely performative, consumers notice – and they don't forget. Today's customers can quickly distinguish between genuine commitment and mere lip service, and when they sense the latter, it can permanently shift their perception of a brand. Building on the momentum of International Women's Day (IWD), which took place over the weekend, many companies will use the occasion to highlight their diversity, equity, and inclusion (DEI) initiatives. However, the real challenge is ensuring that these efforts extend beyond a single day. True DEI isn't about one-off campaigns – it's about embedding inclusive values into a company's culture, policies, and daily operations. The business case for DEI Imagine working for a company that makes children's toys, yet no one on the team has children. Or selling insurance designed for women, while your entire company is staffed by men. How can you truly understand the needs of a target audience that isn't represented within your own workforce? While these examples may seem reductive, they reflect a fundamental truth: businesses that embrace DEI are better equipped to serve a diverse customer base. More than just a social good, diverse teams foster innovation, drive better decision-making, and improve employee engagement. Some South African businesses have already embedded DEI as a core business strategy. Satrix, for instance, introduced South Africa's first Inclusion and Diversity Exchange-Traded Fund (ETF) in 2021, which tracks companies on the Johannesburg Stock Exchange that excel in diversity metrics – such as gender representation in leadership and policies supporting employees with disabilities. This demonstrates that DEI isn't just a moral imperative; it can also drive financial performance and investor confidence. On the operational side, Mondi South Africa provides another strong example. In 2023, the packaging and paper company launched engagement workshops to address workplace challenges faced by women. Within a month, 80% of their female employees were participating, creating a safe platform for discussion that led to company-wide policy changes aimed at better protecting and supporting women in the workforce. Embedding DEI Mondi's success highlights that meaningful DEI efforts don't happen by chance – they require leadership commitment, structured implementation, and continuous effort. To ensure DEI is a sustainable business practice rather than a box-ticking exercise, companies should follow these key principles: - Continuous education and training: Conduct regular workshops and training to help employees recognise and address unconscious bias, creating a more inclusive workplace. - Inclusive policies: Develop clear policies that promote equal opportunities, flexible working conditions, and diverse hiring and leadership development practices. - Regular assessment and accountability: Establish measurable DEI goals and hold leadership accountable for progress. Regular evaluations ensure these initiatives remain effective and aligned with business objectives. A long-term commitment, not a trend Embracing DEI authentically isn't about marketing – it's about long-term transformation. Companies that invest in real inclusion don't just improve their internal culture; they make better decisions, boost employee morale, and strengthen their reputation in the market. The businesses that succeed in DEI aren't those that speak the loudest on awareness days. They are the ones that integrate inclusivity into their DNA year-round, in ways that truly matter. All rights reserved. © 2022. Provided by SyndiGate Media Inc. (
