About Us

About Us

Credit Guarantee Insurance Corporation of Africa Limited is a South African Financial Services Company that continues to excel in the field of domestic and export trade credit insurance. Furthermore we also provide various surety & bonding services via our specialised business unit. Credit Guarantee was established in 1956 and began operation in 1958.

Our forte lies in the ability to secure relevant and vital information incorporated with market intelligence, as a tool for a synergistic communiqué to support the business of our clients in both local and international markets. We also pride ourselves in a specialised business salvage and recovery unit, dedicated to dealing with, at times, intricate restructuring needed to ensure both our clients’ interests and that of our shareholders, Old Mutual Insure  (75%) and Atradius NV (25%) are met.

Credit Guarantee is an Authorised Financial Services Provider No. 17691.




We have earned the reputation for being the most trusted provider of trade credit insurance and surety solutions in South Africa.

Our Vision

What we aspire:

To be the most trusted provider of trade credit insurance and surety solutions in Africa which:

  • Understands clients’ needs
  • Brokers recommend
  • Employees are proud of
  • Strives for excellence through continuous improvement
  • Delivers superior returns to shareholders through collaboration
  • Society respects for our contribution to uplifting economic growth, creating jobs and reducing inequality

Our Values

What we stand for:


• Connect
We are connected and engaged. We create a truly caring environment for our people, clients and brokers through collaboration and communication.

• Adapt
We are adaptive to our ever changing environment and strive towards being innovative. We are not afraid of change.

• Respond
We strive to assist our clients in being successful, which in turn will earn their loyalty and respect.

• Empower
We look for opportunities to develop and grow our people into future leaders.


  • We are professional, trustworthy and reliable.
  • We listen carefully while acting openly and honestly.
  • We do things the ethical way because that is the only way.
  • We keep our promises.


  • We treat our clients and each other with respect, dignity and fairness.
  • We seek and value each other’s contributions as well as the strength of our diversity.

Pushing beyond boundaries

  • We are committed to continually bettering ourselves through innovation and learning.
  • We recognise outstanding performance.
  • We embrace change.
  • We empower our people.
  • We are passionate about what we do.


  • We relish the responsibility arising from the commitments we make and the actions we take.


We are innovative, reputable, trustworthy and a family.

Melanie Bosman

Charles Nortje

Andreas Tesch

Thuli Manyoha

Garth Napier

Charles Nortje

Chief Executive Officer

Theo Reddi

General Manager:

Trade Credit

Heleen Botha

Chief Financial Officer

Mike Gee

General Manager:

Risk Management

Gideon Bochedi

General Manager: Claims,

Collections and Bonds

Kevin Dyamond

Head: Distribution

Abdul Vally

Assistant General Manager:

Trade Credit

Steve Smith

Chief Risk
Compliance Officer

Vivienne Naude

Head: Information Systems

Amina Ackerman

Assistant General Manager:

Information Systems

Moosa Jooma

Head: Export