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 64)
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][4] He was the 27th prisoner to enter Robben Island in 1979, and was given prisoner number 2779.[5][6]

Khumalo holds a Bachelor of Commerce degree from the University of South Africa.[7]

Business

He has held the position of Chairman at various companies, including JCI Limited and Point Waterfront Corporation.[8]

Khumalo founded financial services company Capital Alliance Holdings, which was later sold with $8 billion of assets under management.[3][9]

In 2002, Khumalo founded gold producer and mining company Metallon Corporation, where he is currently Non-Executive Chairman.[10]

He formerly served on the Boards of Mintek, Telkom SA, Cluff Mining, McCarthy Retail Limited, Ridge Mining and Anglo American Corporation.[11]

He is Chairman of Gold and General, which owns the majority shares in Metallon Corporation as well as other family investments.[12] Alongside mining, he has interests in the telecommunications industry.[13]

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.[14]

gollark: I expect quantum stuff would probably just be special-purpose hardware running specific tasks while coordinated by classical computers.
gollark: There is Shor's algorithm, which lets you factor primes much faster or something.
gollark: Come to think of it, we could probably put a lot of computing hardware into the solar power stuff, which presumably has a lot of power and some cooling.
gollark: The main constraints for high-performance computer stuff *now* are heat and power, or I guess sometimes networking between nodes.
gollark: Also, for random real-world background, there are only two companies making (high-performance, actually widely used) CPUs: Intel and AMD, and two making GPUs: AMD and Nvidia. Other stuff (flash storage, mainboards, RAM, whatever else) is made by many more manufacturers. Alienware and whatnot basically just buy parts from them, possibly design their own cases (and mainboards for laptops, to some extent), and add margin.

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. "Zimbabwe miner to float in London in 2015". This is Money. Retrieved 2018-06-29.
  5. Hub, Africa News. "Search :: decoding lessons". www.africanewshub.com. Retrieved 2018-04-30.
  6. "MZI KHUMALO: Decoding lessons from Robben Island and tips for Africa's emerging leaders". Retrieved 2018-04-30.
  7. "Mzi Khumalo". BizNis Africa. 2017-03-13. Retrieved 2019-05-28.
  8. "SA seeks 'black champion' to fill mining void | IOL Business Report". Retrieved 2018-06-29.
  9. "The devil is in the details of financing empowerment | IOL Business Report". www.iol.co.za. Retrieved 2019-06-26.
  10. Nsehe, Mfonobong. "South African Mining Mogul Mzi Khumalo Puts Zimbabwean Gold Mines Under Business Rescue". Forbes. Retrieved 2019-06-26.
  11. "Cluff Mining PLC | Board Appointment | FE InvestEgate". www.investegate.co.uk. Retrieved 2019-06-26.
  12. "Entity Detail". www.jerseyfsc.org. Retrieved 2019-06-26.
  13. eDuzeNet. "Telecel executive expected in Zimbabwe this week". Bulawayo24 News. Retrieved 2018-06-29.
  14. "Mzi & Khosi Khumalo Family Foundation | Kearsney College Foundation". www.kearsney.com. Retrieved 2018-06-29.


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