"RULE #1: NEVER LOSE MONEY. RULE #2: DON'T FORGET RULE NO #1"
Specialist investment firm, KhumaloCo (Pty) Ltd, is led by Andile Khumalo, a seasoned entrepreneur and Chartered Accountant (SA) with 20 years of finance and business experience. We primarily invest in companies operating in the Technology, Media, Telecommunications and Financial Services sectors.
Andile serves as Chairman of investee companies Ince and The Brave Group. He started his career at Deloitte and in 2002, joined Investec as an investment banker before starting his first business and eventually becoming a partner at MSG Afrika in 2007. After spending 11 years as a shareholder and COO of the media group, he exited MSG Afrika in May 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. He serves as a fellow of The Centre for African Management and Markets at The Gordon Institute of Business Science and regularly writes and speaks on Entrepreneurship, Innovation, and Transformation.