Mzi Khumalo

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

Early life Raised by a single mother, Khumalo grew up in KwaMashu‚ Durban. 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.

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

Business

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

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

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