"PRICE IS WHAT YOU PAY. VALUE IS WHAT YOU GET"
Specialist investment firm, KhumaloCo (Pty) Ltd, is led by Andile Khumalo, a seasoned entrepreneur and Chartered Accountant (South Africa) with over 20 years of finance and business experience. We primarily invest in growth companies operating in Technology, Media and Financial Services.
Andile serves as Chairman of investee companies Ince and Brave Group and founder of I AM AN ENTREPRENEUR.
He started his career at Deloitte and in 2002 he joined Investec as an investment banker after which he started a few businesses and eventually joined as a partner at MSG Afrika in 2007. After spending 11 years as a shareholder and COO of the media & communications group, he exited MSG Afrika to start KhumaloCo in early 2018.
Andile has served in various non-executive roles over the years, including as a member of the Takeover Regulations Panel, a member of the Directorate of Market Abuse, a director of South African Airways, and President of ABASA. In 2013, Andile founded I AM AN ENTREPRENEUR, a national programme that helps entrepreneurs grow their businesses.
Andile's current non-executive roles include serving as Chairman of the SANParks Investment Committee; an Independent Audit Committee member at the Amplats Group Provident Fund; an Investment Committee member at Kisby Fund, a Board member of the Mentor-A-Boy-Child initiative; as well as a fellow of The Centre for African Management and Markets (CAMM) at The Gordon Institute of Business Science (GIBS).
He regularly writes and speaks on Doing Business in South Africa, Entrepreneurship and Transformation.