Gumede joined eNCA from CNBC Africa in 2013 to fill the void left by Francis Herd who jumped ship to the then new SABC news Channel (DStv 404). He holds a BComm Accounting degree from the University of Johannesburg.
At eNCA, Gumede primarily anchored the business news segments on the prime time News Night (and by virtue, the business news segments on the second hour of Afternoon News). In 2014 he became the Friday anchor, and fill in anchor, of the channel's first daily dedicated business news programme, Moneyline. On days when major economic stories broke, like rate announcements, Gumede would provide live coverage from the reserve bank and also file reports that aired throughout the day on eNCA and etv's news bulletins.
Since joining eNCA, Gumede has built up quite the following on social networks, providing financial news and advice to his over 12 000 Twitter followers, including his savings plan at the beginning of the year where you start by saving R10 a week then increasing from there (or the other way round), something that gained quite a bit of traction of the social network. In fact, Gumede has something most in tv news do not: naturally fitting in on the 'cool' Twitter where younger, more trendy people are in his social circle, something newsers by default have a hard time reaching.
He is taking a big gamble by jumping to Bloomberg. In 2013, Eleni Giokos too made the jump from eNCA to Bloomberg (under its then new division, Bloomberg TV Africa). However, not too long after that, the entire division was shut and Eleni found herself freelancing in South Africa before being picked up by CNN last year.
A replacement for Gumede has not been announced yet. He leaves behind Siki Mgabadeli who is eNCA's Senior Business Anchor (though she is not really seen that much outside of Moneyline).
Gumede leaves eNCA at the end of May.
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