Mzi Khumalo Explained

Mzi Khumalo
Birth Name:Mzilikazi Khumalo
Nationality:South African
Known For:CEO of Metallon
Spouse:Khosi Khumalo

Mzi Godfrey Khumalo (born 4 November 1955) is a South African businessman and mining entrepreneur.[1]

Early life

Raised by a single mother, Khumalo grew up in KwaMashu‚ Durban.[2] One of ten siblings, his father died before he was nine years old. As a young boy, Khumalo made money buying and selling old oil cans and, later, made an income from buying and selling fuel.

In the 1970s Khumalo joined the African National Congress, serving in its military wing. In 1978, he was arrested and charged with treason, and sentenced to 20 years in prison on Robben Island. He served alongside figures such as Nelson Mandela for anti-apartheid activities before being released in 1990. He was the 27th prisoner to enter Robben Island in 1979, and was given prisoner number 2779.[3] [4]

Khumalo holds a Bachelor of Commerce degree from the University of South Africa.[5]

Business

He has held the position of Chairman at various companies, including JCI Limited and Point Waterfront Corporation.[6]

Khumalo founded financial services company Capital Alliance Holdings, which was later sold with $8 billion of assets under management.[7]

He is Chairman of Gold and General, which owns the majority shares in Metallon Corporation as well as other family investments.[8] Alongside mining, he has interests in the telecommunications industry.[9]

External links

Notes and References

  1. News: Les 100 qui transforment l'Afrique. 2017-12-25. Financial Afrik. 2018-03-12. fr-FR.
  2. Web site: Decoding lessons from Robben Island. TimesLIVE. en-ZA. 2019-05-28.
  3. Web site: Search :: decoding lessons. Hub. Africa News. www.africanewshub.com. 2018-04-30.
  4. News: MZI KHUMALO: Decoding lessons from Robben Island and tips for Africa's emerging leaders. 2018-04-30. en-US.
  5. Web site: Mzi Khumalo. 2017-03-13. BizNis Africa. en-US. 2019-05-28.
  6. News: SA seeks 'black champion' to fill mining void IOL Business Report. 2018-06-29. en.
  7. Web site: The devil is in the details of financing empowerment IOL Business Report. www.iol.co.za. en. 2019-06-26.
  8. Web site: Entity Detail. www.jerseyfsc.org. 2019-06-26.
  9. News: Telecel executive expected in Zimbabwe this week. eDuzeNet. Bulawayo24 News. 2018-06-29. en-GB.