TITLE: Board of Advisors Chairperson
POSITION: Executive Chairman Zungu Investments Company
Sandile Donald Muziwenkosi
Zungu (“Zungu”) was born at Umlazi Township, Durban on the 10th of February
1967. He completed Matric at Vukuzakhe High School in 1983, and did post-matric
at Hilton College the following year. In 1983, Zungu was honoured as one
of the top 10 participants in the erstwhile KwaZulu regional finals of the Old
Mutual National Science Olympiad and in 1984 he came 81st in the national
category of the Old Mutual National Science Olympiad.
Zungu completed a
BSc (Mechanical Engineering) degree at the University of Cape Town (UCT) in
1988 as well as a Masters in Business Administration (MBA) at the UCT Graduate
School of Business in 1995. In 2000 he completed a Program for Global
Leadership certificate at the Harvard Business School in Boston, USA.
Zungu has 6 years plant maintenance and projects management experience within
engineering and production environments, having worked for Richards Bay
Minerals (RBM), Engen Refinery, National Sorghum Breweries (NSB) and South
African Breweries (SAB) during the period 1989 to 1994. In 1998 he led SARHWU
Investment Holdings to becoming BusinessMap Dealmaker of The Year. In 2000 he
represented South Africa at the 6th finals of the World Young Business
Achievers, which were held in Florida, USA and won the much-coveted Outstanding
Business Strategy award.
Zungu featured in the Financial Mail’s Little Black
Book profiling South Africa’s 300 most influential blacks and graduated
recently as a member of the World Economic Forum in his capacity as Young
Global Leader. He is a member of the BRICS Business Council and serves on the
BBBEE Presidential Advisory Council. Zungu is also Chairman of the UCT Graduate
School of Business advisory board. Zungu was an associate within the corporate
finance division of African Merchant Bank (AMB) prior to establishing Sarhwu
Investment Holdings in 1997, a company that he led for three-and-half years,
growing it from a zero asset base to more than R400 million in the net value of
In August 2000 he assumed his duties at the then R6 billion New
Africa Investments Limited (NAIL) as executive director responsible for
strategy and empowerment. He became intimately involved in developing and
implementing plans by NAIL to distribute its interest in Metropolitan Life
Limited (METLIFE). He left the employ of NAIL at the end of 2001 after its
complete transformation to a R1 billion media company. Zungu was an
independent non-executive chairman of Denel, which is South Africa’s
state-owned arms manufacturer.
He currently serves as a non-executive director of Grindrod Limited, non-executive director of Novus Holdings and non-executive Chairman of EOH Holdings, all listed on the JSE Securities Exchange. He is executive chairman of Zungu Investments Company (Proprietary) Limited (Zico), which is the holding company of his business interests.
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