Categorized | Business

Basil Read appoints Sefolo, Luvhengo and Castle to its board

Basil Read has announces the appointment of Shammy Luvhengo, Tshego Sefolo and Darryll Castle as Non- Executive Directors to. Luvhengo holds a Bachelor of Science Degree and Honours in Geology from the University of Cape Town. He further holds a Graduate Diploma in Mining Engineering – Mineral Economics and Masters in Business Administration(MBA). Luvhengo is a qualified investment banker who started his career as a geologist with Exxaro Resources before moving into the investment world. He has worked for Investec Bank and Nedbank Capital, structuring and

implementing project finance and BEE deals within the resources industry. He is also an Executive Director for Business Development at Universal Coal PLC. Prior to joining Universal Coal PLC, he worked at Nkwe Platinum Limited as Head of Business Development and Investor Relations.


Sefolo is a qualified Chartered Accountant (SA), he holds a Bachelor of Commerce (Accounting), Bachelor of Commerce Honours (Management Accounting) and Certificate of Theory in Accounting. He further holds Masters in Business Administration (MBA). Sefolo has been a transactor at Ethos Private Equity; dealmaker with Standard Bank Private Equity; Managing Director of Zico Group and is now founder and Chief Executive Officer of Agile Capital, a black owned mid-market private equity business. His expertise also include private equity, mergers and acquisitions and corporate finance.

Castle is a qualified Chartered Financial Analyst (CFA) and holds a

Bachelor of Science (Civil) (BSc), Bachelor of Commerce (B Com) and Masters

in Business Administration (MBA). He has extensive experience in the mining industry having served as Chief Executive Officer of Trafigura Mining Group and Anvil Mining Limited. He also occupied the position of Chief Operations Officer at Metorex Group Limited and Chief Executive Officer of PPC.

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