Portia Derby Biography: Salary, Net Worth, Age, Transnet, Qualification, Husband

Portia Derby Biography: Salary, Net Worth, Age, Transnet, Qualification, Husband

Posted By Princess Tshegofatso


Portia Derby is a 48 years old South African businesswoman and economist born in Pietermaritzburg.

She is the appointed chief executive officer of the popular Transnet SOC Ltd and the founding mother and CEO of Ubu Investment Holdings Pty Ltd

Ms Portia Derby is a board appendage of UBANK Ltd.

Portia Derby
Portia Derby: History, Photo
Wiki Data
Birth Name: Portia Derby
Husband: Brian Molefe (div.)
Salary: $100,000 (monthly)
Born: 1972
Birth Place: Pietermaritzburg
Nationality: South African
Occupation: Businesswoman
Net Worth: $500,000-$2,000,000

Early Life & Education

Portia Derby was born in the year 1972. The exact date and month is not known.
She is a South African and has ran a business in the city of Johannesburg.

For her university education, Portia Derby attended the University of Natal, Pietermaritzburg where she bagged BSc, Honor in Economics.

Shortly after bagging her degree, she proceeded to the University of Witwatersrand for her MBA program.


Ms Portia Derby founded Ubu Investment Holdings Pty Ltd and was the CEO of the company for a while.

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In February 2020, she was appointed as the Group Chief Executive Officer of Transnet SOC Ltd.
She is also a board member of Ubank Ltd.

During the South African economic reform, Ms Portia Derby occupied high government positions as shown below;

  • 2002: Chief Operating Officer of the Department of Trade and Industry.
  • 2004 – 2005: Corporate Strategy and Structure of the Investment Portfolio.
  • 2005 – 2009: Director-General of Public Enterprises (2005 – 2009)

Portia Derby also worked as a financial researcher at the National Institute for Economic Policy (NIEP). This is where her career in government started.

Between 1997 and 2001, Portia was part of the team that founded the National Investment and Trade Promotion Agency. At a point, she became it’s Chief Operating Officer.

She also served as a non-executive director of Metair Investments and Safcol.
And as an Executive Director: Clients Africa at Aurecon (an international engineering and infrastructure advisory company).

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She also served as the Chief Operating Officer of Trade and Investment South Africa.

Personal Life

In 1993, Portia Derby got married to Brian Molefe (the former Transnet CEO and Eskom CEO).

Unfortunately, the couple divorced and went their separate ways.

Net Worth

The successful South African businesswoman and CEO, Portia Derby has amassed a massive net worth of $500,000-$15,000,000.

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