Providing world-class
professional services.
MGI RAS was established with the common purpose of providing world class professional services in South Africa, throughout the continent of Africa and globally. We provide sustainable solutions aimed at enhancing good corporate governance, sustainable financial management practices and effective people development in both the public and private sectors of the economy.
MGI RAS entities provide assurance (incl. external audit), accounting, taxation, payroll, audit quality assurance, Sustainability and ESG advisory and assurance, IT audits, data analytics, project assurance, compliance review, performance information consulting, financial management consulting and people development (incl. coaching and training) which is central to our service offerings.
MGI RAS is a transformed professional services company and a Level 1 rated empowering service provider according to the B-BBEE codes of good practice.
The MGI RAS team possess the acumen of modern-day finance professionals having successfully worked in different industries in South Africa, the United Kingdom, and the United States of America.
Our team has a combined experience of about 80 years in the industry.
Our team share a common vision and an interest in the development of a sustainable organisation including skills development to address the developmental needs globally.
We are committed to delivering quality service and meet client expectations by ensuring strict compliance with international standards and best practice.
Quality remains a key focus in our organisation and our teams are qualified and registered members of the South African Institute of Chartered Accountants (SAICA), Association of Chartered Certified Accountants (ACCA), Independent Regulatory Board for Auditors (IRBA), Institute of Internal Auditors (IIA), South African Institute of Government Auditors (SAIGA), Services Seta (SSETA), and Local Government SETA (LGSETA).
Core Purpose
Making a difference by helping organisations nurture value for stakeholders, through agile and impactful engagements.
Vision
Trusted, innovative and dependable long-term business advisors.
Mission
Adaptable, engaging, cost effective, and quality solutions for sustainable value.
Our Core Values
Integrity
Be honest and uphold strong moral principles in our dealings.
Empowerment
Ensure people development through skills transfer as we deliver our services.
Excellence through collaboration
Optimise on the diversity of our team to provide high quality services.
Meet our Team
LEADERSHIP TEAM
Tshegofatso Mahuma
C.E.O
B. Com, B. Com (Hons) – CTA, MPhil (Internal Auditing), CA(SA), RA
Tshegofatso Mahuma, currently serving as the CEO of MGI RAS Group of companies, is a strategic visionary with a wide-ranging leadership footprint. Her engagement in various committees underscores her commitment to organizational governance and showcases her adaptability across diverse sectors. Tshegofatso’s professional journey reflects a steadfast dedication to long-term career development and a relentless pursuit of both academic and professional excellence.
Possessing a robust academic background, Tshegofatso holds a Bachelor of Commerce (B.Com) degree, a Bachelor of Commerce Honours (Certificate in the Theory of Accounting), and a Master of Philosophy (MPhil) in Internal Auditing. She is a qualified Chartered Accountant and a Registered Auditor, accumulating over 14 years of valuable experience in the auditing industry. Her expertise spans both the private and public sectors, encompassing skills in auditing, technical specialization in accounting standards, effective communication, and strong management and leadership capabilities.
In her role as CEO, Tshegofatso actively contributes to several professional committees within MGI RAS, including the Board of Directors, Executive Committee, Human Capital and Remuneration Committee, Quality, Risk, and Ethics Committee, and the Technical and Talent Development Committee. These responsibilities signify her integral involvement in the strategic and decision-making facets of her organization.
Tshegofatso’s dedication to academia is evident from her tenure as a senior lecturer at the University of South Africa. She played a significant role in academic committees, serving on the Executive Management Committee of the Department of Financial Governance as a module leader/course coordinator. Additionally, she was a key member of the Quality Assurance Committee and the Research Ethics Review Committee for the College of Accounting Sciences at the University.
Her commitment to educational excellence extended to her role as an External Examiner/Moderator at the University of Pretoria for the Department of Auditing, specifically for the MPhil in Internal Auditing qualification.
Tshegofatso’s extensive academic qualifications, coupled with her diverse and extensive professional experience in both the public and private sectors, position her as a seasoned expert in auditing and financial governance. Her active participation in professional and academic committees serves as a testament to her ongoing commitment to continuous improvement and leadership in her field.
Jerome Andrews
CVO / Chairman
Jerome is a Pastor, the Director, Head of Advisory and CVO of MGI RAS. He has more than 15 years’ experience in public and private sector audit. Jerome has an excellent knowledge of IFRS, GRAP, Companies Act, PFMA, MFMA, Treasury Regulations and other Legislation. Jerome is a member of the South African Institute of Chartered Accountants and the Independent Regulatory Board for Auditors (IRBA).
Millycent Mashele
DIRECTOR
She is an extrovert, mother, and a teacher, a multiskilled executive with a solid background in audit, financial management, governance, risk management, quality assurance, entrepreneurship and advisory. She has extensive experience in both public and private sector from various industries. i.e., Telecommunications, education, transport, manufacturing, engineering, information technology, real estates, non-profit entities, logistics, and public sector. She is responsible for delivering our audit and advisory projects within MGI RAS, leading a dynamic team of professionals within the firm, where we believe in excellence through teamwork. She is also responsible for the
quality and ethics within the firm, ensuring we deliver quality services that are in line with international standards and best practice. She holds a B. Com degree from Wits, B. Com Honours from UNISA, and a master in business leadership (MBL) from UNISA Graduate School of Business Leadership. She is a Chartered Accountant, Management Accountant, Certified Internal Auditor, and a registered Auditor.
Baphiwe Mahlabela
ASSOCIATE DIRECTOR
Baphiwe Mahlabela is an associate director at MGI RAS. She has more than 5 years post article experience in public sector audit. She has excellent knowledge of IFRS ,GRAP, Companies ACT, PFMA,MFMA ,Treasury regulation and other regulations
Patrick Kubai
DIRECTOR
Patrick is a natural born leader, having an ability to influence teams to deliver on the project objectives. He is a Director at MGI RAS responsible for Assurance and Advisory Service lines of the firm. He is the training officer and the chairperson of the Quality Risk and Ethics Committee. He is a qualified chattered accountant and registered auditor with over 8 years post qualification experience. He also holds a masters in taxation.
Stephen Dewa
HEAD OF ADVISORY
(MBA, B. Com Hons Acc, Higher Dipl Acc, Lean/Process Specialist)
Stephen Dewa is a dynamic and forward-thinking leader in consulting and is Head of Advisory at MGI RAS having come from SkX Protiviti where he held several senior and executive positions namely Senior Manager, Associate Director, and Director, respectively. Stephen has more than 25 years’ experience in the private and public sector with deep expertise in working in internal auditing, business consulting, operations improvement, business review strategy, lean six sigma projects, aviation sector, manufacturing, and rail industries. In his years of experience, he has helped C – suites solve complex business challenges. He has advised organisation across rail industries in South Africa, Zambia and Mozambique.
Of his years of experience 10 years were spent the private sector where he worked for Ingwebu Breweries in Zimbabwe holding senior positions including Audit Manager, Treasury Manager and Group Accountant. Stephen prides himself of having obtained extensive Big 4 firm experience gained in working in various advisory projects.
With African exposure spanning the breadth of the SADC region, Stephen is no stranger to the development and implementation of bespoke industry African solutions. Stephen holds B, Com Honours degree in accounting (B. Com Hon), Master’s degree in Business Administration (MBA), Higher Diploma in Accounting and several business Diplomas in accounting and business studies and is a certified process/lean specialist. He is a methodical thinker with a “big picture view” who adapts to shift from concepts to execution strategy. He is enthusiastic about sharing knowledge and has advanced communication skills.
Chipo Mashava
ASSOCIATE DIRECTOR
Chipo Mashava is a focused and dynamic professional with over 9 years of IT and financial audit experience. Her experience in both external and internal audits spans across listed entities, private entities, public sector entities, non-profit organisations (NPOs), and Small and Medium-sized Entities (SMEs). She has worked on clients in various industries ranging asset management, education, financial services, healthcare, hospitality, information technology, logistics, manufacturing, mining, retail.
Chipo Mashav is an Associate Director at MGI RAS responsible for the delivery of IT Advisory projects. She holds a Bachelor of Commerce and Post Graduate Diploma in Accounting from Rhodes University. She is a Chartered Accountant, Certified Information Systems Auditor (CISA) and Certified Information Security Manager (CISM).
Simbongile Manzi
ASSOCIATE DIRECTOR
Simbongile Manzi is an experienced chartered accountant with more than 10 years post qualification experience. He has extensive experience in public sector auditing having spent more than 5 years working at South Africa’s supreme audit institution. The majority of these years were in a senior management role. He has deep understanding of public sector accounting and auditing principles, and in his previous roles provided accounting and auditing support to audit teams. His primary areas of exposure have been in higher education and training (incorporating SETAs, TVET colleges and universities), public entities and government departments. He is also experienced in performing engagement quality reviews. He is a registered auditor with the Independent Regulatory Board for Auditors and has previously also been a training officer.
Ajith Salickram
Director – ESG
Ajith, a seasoned Chartered Accountant with a rich professional career spanning over three decades in both the Private and Public Sectors, brings a wealth of expertise to the table. His core skills encompass Strategy Implementation and Governance, Public and Private Sector Audit, Engagement Quality Reviews, Risk Management, and Forensics, along with a strong background in Consulting.
Currently serving as the Director overseeing the ESG division of the firm, Ajith is at the forefront of driving Automated Solutions for managing, monitoring, and reporting on ESG Disclosures, Metrics, and Targets. This initiative is in response to the new Sustainability Standards, aiming to ensure compliance and facilitate clean audit outcomes for large and listed companies impacted by these regulations.
With nearly a decade of experience in the Transport and Logistics sector at Transnet, Ajith started as a Project Consultant before progressing to roles such as Management Accountant and project leader. Notably, he played a key role in implementing Activity Based Costing within a division. His journey continued at Transnet Group Audit Services, where he served as a Senior Manager focused on Internal Audits, Forensics, and IT audit for the entire Group and its subsidiaries.
Ajith’s impactful contributions extended to the Auditor General of South Africa, where he held the position of Senior Manager responsible for auditing the South African Police Service and later the Department of Labour, including the Unemployment Insurance Fund and the Compensation Fund.
During his six-year tenure at PKF Pretoria, Ajith served as an attest audit partner registered with IRBA, overseeing clients in the manufacturing, mining, and retail sectors. His commitment to public service remained steadfast, as he continued conducting Public Sector audits on behalf of the Auditor General. Ajith also chaired the National PKF Public Sector Committee.
In recent years, Ajith has directed his focus towards developing solutions that enhance transparency and accountability in the Public Sector. He spearheaded the creation of automated systems to manage Programme Performance Information, ensuring the achievement of service delivery targets. Notably, this solution has been tailored to meet the rigorous requirements of ESG standards.
Ajith holds a Bachelor of Accountancy from the University of Durban Westville (now University of KwaZulu Natal) and a B Comm Honours from Rand Afrikaans University (now University of Johannesburg). His educational background, coupled with his extensive professional experience, positions Ajith as a leader driving positive change and innovation in the realms of finance, audit, and sustainability.