Meet Our Team

Shamil Ismail


Before founding Primaresearch, Shamil was the Head of Research at BNP Paribas Securities South Africa. He is a highly rated research analyst, and was rated first in Innovative Research in the 2017 Financial Mail Analyst of the Year rankings. He was also awarded the Absip Research Analyst of the Year in 2014. Shamil is a Chartered Accountant (SA) and a CFA charter holder. He has more than 25 years of work experience, of which the earlier part of his career was spent working at retailers including Woolworths and Clicks.

Jasmine Lin

BCom Hons (Actuarial Science)

Prior to joining Primaresearch, Jasmine worked at Cadiz Securities and BNP Paribas Securities. Her research focusses on the consumer household goods, pharmaceutical retail, foodservices and travel and leisure sectors. She is highly rated in the Financial Mail Analyst of the Year rankings in Retail and Hotels, Travel and Leisure. Jasmine has a BCom (Hons) degree in Actuarial Science from UFS, and has over 11 years of sell-side research experience.

Ian Brink

BSc Eng (cum laude), MBA, CFA

Ian is our Telco analyst. Prior to joining Primaresearch, Ian gained sell-side research experience at BNP Paribas Securities and Arqaam Capital covering SA telecoms and media. His background is in electrical engineering and he spent five years as an engineer at Vodacom prior to completing his MBA. Subsequently, Ian joined Sanlam Glacier as an investment analyst and spent three years doing SA mutual fund research. Ian holds both a BTech Electrical Eng. degree from the Cape Peninsula University of Technology and a BSc Engineering degree (cum laude) from the University of Cape Town, and is a CFA charterholder.

Thambo Mthwalo

BCom Hons (Economics)

Thambo joined Primaresearch in January 2017 as a food producer analyst. Prior to this, Thambo spent a year at Arisaig Partners, a boutique asset manager, working within its Africa Consumer Fund team. Thambo holds a Bcom (Hons) degree in Economics from The University of Cape Town and successfully completed the CFA Level 1 examination.

Malose Mamashela

MSc Eng., BSc Eng., BCom Hons (FAPM)

Malose joined Primaresearch in 2020. She has over 10 years of experience as a capital projects senior process design engineer in the petrochemical industry. Malose has a BSc in Chemical Engineering from the University of KZN and an MSc from UCT. She recently obtained a BCom (Honours) degree in Financial Analysis & Portfolio Management from UCT in which she completed her thesis titled "Yield Curve Construction using Cubic Spline Methodology” cum laude.

Viwe Kupiso

BCom (Management Studies), FAPM

Viwe joined Primaresearch in March 2018. He has a BCom degree in Management Studies and recently completed his Financial Analysis and Portfolio Management Postgraduate degree at the University of Cape Town.

Craig Whittle


Craig is responsible for business development and special projects. His experience spans asset management, where he was an analyst and portfolio manager , investor relations and industry, where he was the CFO of a JSE-listed small-cap company and the CFO of an unlisted pan-African consumer finance business with operations in Ghana, Kenya and Zambia. Craig is an experienced chartered accountant, having worked for PwC in London and Deloitte in South Africa.

Clemence Mungwariri

MSc (Physics)

Clemence joined Primaresearch in 2020 as a Data Analyst. He has a BSc in Physical Science (UWC), an Honours degree in Astrophysics and Space Science (UCT) and has recently completed his MSc Physics degree at Rhodes University.