• Talk to us: +27 10 035 4248
  • Our Aim

    Our Aim

    "Beyond trading physical commodities, we provide solutions for customers’ economic, social and environmental performance." - Thabiso Manama CEO
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  • Our Core Business

    Our Core Business

    The physical trading of hard commodities and the transportation thereof to industrial consumers.
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  • Our Vision

    Our Vision

    To become a reliable, value adding partner of physical commodities to the domestic and international market.
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Our Values:

Passion Intelligence Respect Collaboration

Our product
offering includes
the following

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Coal

Coal and chrome

A Grade and B Grade duff coal.

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Chrome

Coal and chrome

42/40% and 44/42% Chrome.

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Iron Ore

Iron Ore

High-quality iron ore to the global steel industry.

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Petroleum Products

Petroleum diesel lubricants

Petroleum, diesel, and lubricant fuels.

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Meet our team


Thabiso Manama - Chief Executive Officer

Thabiso Manama

Chief Executive Officer

Hi. I'm Thabiso.

Metallurgical Engineer by profession.
  • Mineral Beneficiation
  • Market Analysis
  • Supply Chain
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Lesiba Gwangwa - Executive Director

Lesiba Gwangwa

Executive Director

Hi. I'm Lesiba.

Proven & talented business man
  • Mining, Civil & Structural Engineering
  • Chemical Manufacturing
  • Project Management
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Thabiso Manama

Thabiso Manama

Chief Executive Officer


Thabiso is a Metallurgical Engineer by profession and operates Penuel Resources as a Business Strategist. Thabiso started his career in the mining industry working as a metallurgist for a listed mining company. He then worked as a research scientist in the steel fabrication environment for a short stint before becoming a Process Engineer for a large steel manufacturing company. His commercial experience began when he worked as a Global Commodity Manager in a Supply Chain division for the one of the largest diversified mining company in South Africa for 6 years then for a French Oil company for a year in the similar role. With both commercial and technical capabilities he then branched out into Entrepreneurship and created several start-up companies including Penuel Resources.

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Lesiba Gwangwa

Lesiba Gwangwa

Executive Director


Lesiba studied towards a B-Tech degree (Construction Management) from the University of Johannesburg. He also holds an International Diploma in Professional Project Management from Cambridge University alongside various Corporate Governance Certifications from Wits Business School. With twenty years of extensive work experience focused on Mining Engineering, Chemical Manufacturing, Civil and Structural Engineering and Project Management, Lesiba has a proven track record of success. Lesiba Gwangwa is a talented businessman and is registered with the Engineering Council of South Africa (ECSA), the South African Council for Project and Construction Management Professions (SACMPCP). He is also a professional member of Project Management South Africa (PMSA). He has served as an adviser to the MEC of Roads and Transport, served as a Non-Executive Director of the Magalies Water Board, was appointed by the Minister of Water Affairs and is the elected Chairman of the Technical Committee for the Bulk Water infrastructure Development for the Northwest Mining Areas.

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A division of Penuel Holdings
4th Floor, The Central
96 Rivonia Road
Sandton, 2196
+27 (0) 10 035 4248
info @ penuelholdings.co.za

Our Values

Fundamental beliefs that guide our attitudes & actions, thereby creating company culture.

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