Pivot Point (Mr Mthunzi Mdwaba, CEO of TZoro IBC)

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Mr Mthunzi Mdwaba, CEO of TZoro IBC, has built his career partly as an entrepreneur and partly in corporate, as deal-maker and negotiator. He has previously been one of the Vice Presidents at Business Unity South Africa (“BUSA”), the apex business organisation in South Africa, and was the Group CEO of Torque IT South Africa until November 2010, a world-class company dedicated to computer technical training solutions (which was acquired by the Kelly Group, a listed entity on the JSE Support Services section, at which he served as the Deputy CEO). Mr Mdwaba was responsible for 90% of the operations (1,300 people and R1.8 Billion of the then total R2.2 Billion), with 7 MDs reporting to him, including MSquared & Collabrus in San Francisco, California in the USA (with clients such as Cisco, Wells Fargo and Union Bank, with revenues of approximately $60 Million). He has previously served on numerous boards linked to his investments in ICT, Skills Development & Human Capital,Advertising and Property.

He has recently set up an investment, brokering and consulting firm, TZORO IBC, which co-owns one of the leading professional cycling teams in the country, namely, Team Abantu, and has divisions involved in the energy sector, including trading in commodities. He is, inter alia, the B20 (Business 20) representative for South African business (given South Africa's status as a G20 country), having served under the annual Chairmanship of the French, the Mexicans, the Russians, the Australians, and as from the 1st December 2014, the Turkish chairmanship. He is a governing body member of the International Labour Organisation (ILO), a United Nations Multilateral Agency, representing SADC, and at which he is the spokesman for the PFA (Programme, Finance and Administration) on behalf of all employers/private sector organisations throughout the world in which the International Organisation of Employers (IOE) has members.
25 Jan 2018 4AM English South Africa Business News · Investing

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