Non Executive Chairperson
Born at Umlazi Township in Durban, Sandile Zungu completed matric at Vukuzakhe High School and did post-matric at Hilton College in 1984.
Sandile has a BSc (Mechanical Engineering) and a Masters in Business Administration (MBA) from the University of Cape Town and has completed a Program for Global Leadership certificate at the Harvard Business School.
During the period 1989 to 1994, Sandileworked as engineer for Richards Bay Minerals (RBM), Engen Refinery, National Sorghum Breweries (NSB) and South African Breweries (SAB).
Sandile 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 (3.5 years). He worked for New Africa Investments Limited (NAIL) as executive director responsible for strategy and empowerment.
Sandile has also acted as chairman of Denel, and JSE-listed Barnard Jacobs Mellet Holdings and Spectrum Shipping Limited. He has also served as director on the boards of various large organisations, which include Clover, Edcon and Ellerines Holdings. Sandile remains chairman of Zungu Investments Company (Zico), which is the holding company of his business interests. He is chairman of the JSE-listed Aflease Gold. Sandile is also non-executive director of Uranium One Africa and KwaZulu-Natal Growth Fund and serves on the Advisory Board of the UCT Graduate School of Business.
In 1998 Sandile 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. Sandile can also be found in the Financial Mail's Little Black Book profiling South Africa's most influential blacks and is a member of the World Economic Forum in his capacity as Young Global Leader.
Zungu is a successful businessman who practices philanthropy. He subscribes to the philosophy:
“Hard work pays its dues and integrity sustains”.