Nonhlanhla Mabusela-Aikhuere
Investment Committee member
Bcompt (Hons), Dip (Political & Risk Insurance), CA(SA)
Nonhlanhla is an ex-investment banker with more than 10 years’ experience. She served her articles at KPMG, where she also spent a year in the Corporate finance team. She spent 4 years of her career at Nedbank Capital as a senior transactor in the Infrastructure Project Finance department specialising in Power, Oil and Gas. Whilst at Nedbank, in 2007 she was honoured by Harvard Business School in Boston to present a paper on funding of energy and infrastructure projects in Africa.
Prior to joining Nedbank, she also spent 2 years at ECIC which grants political risk insurance to SA banks and investors, investing in long term projects across the border. She further completed a diploma in political and credit risk insurance from the University of East London, in United Kingdom.
Subsequent to Nedbank, Nonhlanhla became the MD of Malangeni, an Electrical and Civil Construction company, which had over 50 staff members, and was among a few 100% BEE company with a CIDB rating of 6 at the time, and the company had a turnover in excess of R25m. Post Malangeni, Nonhlanhla was head hunted as the GM heading the Feasibility Unit for the Gauteng Fund, a R7bn Fund that was set up by the Gauteng Treasury to fund infrastructure projects. Thereafter, she started her own project finance advisory outfit, LungiNo Capital, which specialises in transaction structuring, risk assessment and commercial viability assessment for both greenfield and brownfield projects.
In November 2013, She was then headhunted to be the CEO of Thebe Mining Resources (“TMR”). TMR is a 100% subsidiary of Thebe Investment Corporation, a resources investment arm of Thebe, that looked to invest in mining assets, mining services and mining supplies companies.
In April 2016 she was promoted into an executive role at Timrite mining services, which was one of TMR’s investment companies. She was initially appointed as deputy MD for 6 months while taking over from the existing MD and became MD in October 2016 and was MD for more than 4 years.
In February 2020, she decided to resume her entrepreneurial ventures, and went back to running her own Project and Corporate finance advisory company LungiNo Capital, where she now brings with her immense investment banking, infrastructure finance, mining, forestry, and business operational experience to further add value to her clients. She has Chaired and sat on several Boards in her career, and currently serves as one of two External Members of the Special Credit Committee of the Industrial Development Corporation of South Africa Limited (IDC), and serves on the Merafe Resources Board, Johannesburg City Parks and Zoo board. She has also been recently selected as an independent member of the DBSA Infrastructure Fund Strategic Advisory Committee.
Kholo Capital is a black owned and managed fund management company. The management team has more than 60 years of collective credit and investment experience and is highly skilled in senior debt, mezzanine debt and private equity.