Mzi Khumalo

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

This article is about the South African businessman. It is not to be confused with Gauteng politician Member of the Executive Council (MEC) Mzikayifane Khumalo.

Mzi Khumalo
Born
Mzilikazi Khumalo

November 1955 (age 67)
NationalitySouth African
OccupationBusinessman
Known forCEO of Metallon
SpouseKhosi Khumalo

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.[2]

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.[2] 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]

References
  1. "Les 100 qui transforment l'Afrique". Financial Afrik (in French). 25 December 2017. Retrieved 12 March 2018.
  2. "Decoding lessons from Robben Island". TimesLIVE. Retrieved 28 May 2019.
  3. Hub, Africa News. "Search :: decoding lessons". www.africanewshub.com. Retrieved 30 April 2018.
  4. "MZI KHUMALO: Decoding lessons from Robben Island and tips for Africa's emerging leaders". Retrieved 30 April 2018.
  5. "Mzi Khumalo". BizNis Africa. 13 March 2017. Retrieved 28 May 2019.
  6. "SA seeks 'black champion' to fill mining void | IOL Business Report". Retrieved 29 June 2018.
  7. "The devil is in the details of financing empowerment | IOL Business Report". www.iol.co.za. Retrieved 26 June 2019.
  8. "Entity Detail". www.jerseyfsc.org. Retrieved 26 June 2019.
  9. eDuzeNet. "Telecel executive expected in Zimbabwe this week". Bulawayo24 News. Retrieved 29 June 2018.


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