February 10, 2020
February 10, 2020
Show all

Nona is the CEO and a founder of Makwande Energy Trading. She has 20 years of experience in the Oil industry. Nona holds a Master’s degree in Economics from University of Johannesburg. She attended several petroleum trading and risk management courses in Oxford and Cambridge in London and ENSPM in Paris. Nona is a Certified Associate of the Institute of Bankers in South Africa (CAIB (SA)).

Her career in trading started in 1992 at First National Bank where she was a Foreign Exchange Trader. On leaving First National she joined Central Energy Fund (CEF) as a Foreign Exchange trader and later moved to the subsidiary of CEF, Strategic Fuel Fund (SFF) as a Crude Oil Trader. Nona spent some time with one of the trading companies in London to gain experience in this field. Her responsibilities included crude oil trading, risk management, management of strategic crude oil storage tanks, management & relocation of strategic crude oil from Ogies mines to Saldahna in South Africa.

In 2002 she joined Total SA as Trading Manager, involved in term contracts and spot crude oil supply for refinery processing, risk management, shipping and operations. She later joined Rand Merchant bank Commodities desk as Energy Market Structurer. In 2004 she re-joined Total SA to head Trading, Shipping, Risk Management and operations activities.

In 2007 Nona started Makwande Energy Trading specialising on imports of crude oil and petroleum products which later expanded the activity to domestic wholesale.

In 2009 she diversified into logistics through Makwande Supply and Distribution entity, focusing on transportation of petroleum products. In 2018, Nona was a recipient of African Leadership magazine’s Oil & Gas Female Business Leader of the Year Award.