African Phoenix appoints financial director

The board of African Phoenix is pleased to announce the appointment of Mr
Shafiek Ahmed Rawoot as Financial Director effective 1 July 2018.

Shafiek graduated from the University of Cape Town with a Bachelor of
Business Science (Finance Honours) in 2001 and from the University of
KwaZulu-Natal with a Bachelor of Commerce (Accounting Honours) in 2002. He
commenced with his articles at KPMG (Cape Town) in 2003 and qualified as a
Chartered Accountant in 2006.

After working for Old Mutual (Cape Town) in 2006, Shafiek joined Goldman
Sachs International (London) as a Senior Analyst in 2007. Shafiek joins
Phoenix from Brait South Africa (Johannesburg), where he has been part of
the finance team since 2008.

The Board welcomes Shafiek and looks forward to his contribution to the
Company.

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