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Mzi Khumalo: South African tycoon who built Capital Alliance into an $8 billion asset manager

Summary by Billionaires.Africa
Key PointsMzi Khumalo built Capital Alliance into an $8 billion asset manager, redefining black empowerment in South Africa’s post-apartheid financial sector with sharp leadership.After founding Metallon Corporation, Khumalo expanded across Africa’s mining sector, acquiring and revitalizing underperforming gold assets in Zimbabwe and beyond.Beyond finance and mining, Khumalo fused entrepreneurship with philanthropy, funding scholarships through …
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Billionaires.Africa broke the news in on Monday, April 21, 2025.
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