Mzi Khumalo

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

Mzi Khumalo
Born
Mzilikazi Khumalo

November 1955 (age 65)
NationalitySouth African
OccupationBusinessman
Known forCEO of Metallon
Spouse(s)Khosi 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.[3] In 1978, he was arrested and charged with treason, and sentenced to 20 years in prison on Robben Island.[3]

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.[4][5]

Khumalo holds a Bachelor of Commerce degree from the University of South Africa.[6]

Business

He has held the position of Chairman at various companies, including JCI Limited and Point Waterfront Corporation.[7]

Khumalo founded financial services company Capital Alliance Holdings, which was later sold with $8 billion of assets under management.[3][8]

In 2002, Khumalo founded gold producer and mining company Metallon Corporation, where he is currently Non-Executive Chairman.[9]

He formerly served on the Boards of Mintek, Telkom SA, Cluff Mining, McCarthy Retail Limited, Ridge Mining and Anglo American Corporation.[10]

He is Chairman of Gold and General, which owns the majority shares in Metallon Corporation as well as other family investments.[11] Alongside mining, he has interests in the telecommunications industry.[12]

Philanthropy

Khumalo is Trustee of the World Wide Fund for Nature (WWF) and founder of the Mzi and Khosi Khumalo Family Foundation, which provided a gift to Kearsney College.[13]

References
  1. "Les 100 qui transforment l'Afrique". Financial Afrik (in French). 2017-12-25. Retrieved 2018-03-12.
  2. "Decoding lessons from Robben Island". TimesLIVE. Retrieved 2019-05-28.
  3. "Crunchbase: Mzi Khumalo". Crunchbase.
  4. Hub, Africa News. "Search :: decoding lessons". www.africanewshub.com. Retrieved 2018-04-30.
  5. "MZI KHUMALO: Decoding lessons from Robben Island and tips for Africa's emerging leaders". Retrieved 2018-04-30.
  6. "Mzi Khumalo". BizNis Africa. 2017-03-13. Retrieved 2019-05-28.
  7. "SA seeks 'black champion' to fill mining void | IOL Business Report". Retrieved 2018-06-29.
  8. "The devil is in the details of financing empowerment | IOL Business Report". www.iol.co.za. Retrieved 2019-06-26.
  9. Nsehe, Mfonobong. "South African Mining Mogul Mzi Khumalo Puts Zimbabwean Gold Mines Under Business Rescue". Forbes. Retrieved 2019-06-26.
  10. "Cluff Mining PLC | Board Appointment | FE InvestEgate". www.investegate.co.uk. Retrieved 2019-06-26.
  11. "Entity Detail". www.jerseyfsc.org. Retrieved 2019-06-26.
  12. eDuzeNet. "Telecel executive expected in Zimbabwe this week". Bulawayo24 News. Retrieved 2018-06-29.
  13. "Mzi & Khosi Khumalo Family Foundation | Kearsney College Foundation". www.kearsney.com. Retrieved 2018-06-29.


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