Ramchunder Singh

Ramchunder Singh, DBA


  • 2007    DBA Doctor of Business Administration, Research Area: An investigation into the mortality rate of small businesses – Fuel retail Sector; University of Kwa Zulu Natal, South Africa
  • 2002     MBA Masters of Business Administration, Main Electives: Finance, Strategy, Global Environment, International Marketing; Research Area: An investigation into the strategic implications of deregulating the South African Liquid fuels Industry; MBA Buckinghamshire Chilterns University, United Kingdom
  • 1996     BCOMM: University of South Africa
  • 1984     Matriculation Exemption – Daleview Secondary School, Durban, South Africa

Teaching Experience

  • regular lecturer for the Minerals and Training Institute

Professional Experience

2012 – present     managing director, Waterfall Energy

  • advisory and investment into energy related business
  • high level strategic and investment guidance
  • overall oversight on multiple investments

2010 – 2012     managing director, Basil Read Energy (Pty) Ltd

  • established new subsidiary of JSE listed parent company Basil Read
  • targeted multiple energy related investments and invested in a significant wind farm asset

2005 – 2010     general manager, Energy Development Corporation, Division of the Central Energy Fund

  • led government’s first efforts to invest in the renewable energy space by establishing the new division and recruiting professionals, assessing energy options and general oversight of investment portfolio ranging from gas to power generation, photovoltaics, biofuels, energy efficiency and carbon trading
  • as a part of the executive team, assisted with the establishment of the SA Energy Research Institute and SA Energy Efficiency Agency; during this time also managed donor funded projects from United Nations Development program and German Technical Assistance
  • chaired and served on multiple State Company boards providing overall investment and strategic direction including as chairman of the first National Demonstration Wind project – Darling Wind Farm

2001 – 2004 director, Petroleum Policy: Department of Minerals and Energy

  • developed Policy and Research for all matters pertaining to the RSA Oil and Refining Industry. This included Black Economic Empowerment, Environmental policy and high level economic analysis
  • responsible for the implementation of the Liquid Fuels Charter, interface between government and Oil Industry on policy matters, support and interface with WOESA (Women in Oil and Gas) and represented the Minister of Energy on the Empowerment Evaluation Committee (A team tasked with the evaluation of equity transactions to transfer 25% of the SA Oil industry to previously disadvantaged persons)
  • chairman of the clean Fuels Task team to remove lead from petrol and to guide the policy objectives of clean fuels. The team included SA oil companies ( BP, Shell, Engen, Total, PetroSA, Sasol, Chevron Caltex) Automobile Association, NGOs and other interested groupings
  • commissioned and considered policy for mitigating high oil prices, managing the volatility of high Oil prices, Pipeline infrastructure, Strategic oil stocks, biofuels, Petroleum pricing methodology, de-oiling the SA economy, managed liberalization process in the liquid fuels sector in relation to the role of the sector in the national economy, the inherited distortions therein and the competitiveness of the sector in general
  • other strategic policy studies included ten year forecasting plan for petroleum, Pipeline infrastructure plan, possibilities of regulating the diesel prices, options for managing the volatility of petrol prices, synfuel tariff protection study and investigation into the viability of RSA refineries

1999 – 2001 shareholder and director, Energy Finance Group: Empowerment Bank

  • board and operational responsibility for this special purposes vehicle designed to facilitate SMME development in the Liquid Fuels Industry – wholesale funding, on-lending, insurance , training, coaching and franchisee placement.

1987 – 1997 business manager, BP Oil

  • held multiple positions across the group with particular focus on small fuel businesses and their performance – developing rectification strategies and nurturing business relationships