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Ziggy Xolane Ndhlovu

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Xolane Ndhlovu is a South African/Nigerian billionaire best known for founding DafriBank®

Ziggy Xolane Ndhlovu is a South African/ Nigerian billionaire and the chairman of DafriGroup PLC, a South African based public company with a portfolio of interest across 19 subsidiaries which includes UMEH, DafriBank, OMAHA Hotels, DafriExchange, DafriEstate among others..He is responsible for leading the Board and focusing it on strategic matters, overseeing the Group’s business and setting high governance standards. He plays a pivotal role in fostering the effectiveness of the Board and individual Directors, both inside and outside the board room [1] Prior to that, he was the chief executive officer of UMEH leading the company to some R470 million evaluation in 2018.

Early Life

Born to a Nigerian father and a South African mother in the dusty streets of Burgersfort, a town in Mpumalanga province of South Africa. Better known as Master Ziggy during his reign as a radio/club Disk Jockey. Ndhlovu hold a diploma in media management, BCom Economics and Masters in Business adminstration. The alchemy success story of Ndhlovu is quite an inspirational one, having reformed from a background riddled with crime into building a multi-million dollar empire being currently chaired by him.

Breakthrough

Ndhlovu made his first million dollars in prison investing in startup tech companies. He’s determination to become one of the publicly quoted entrepreneurs can be attributed to his billionaire role model Richard Branson’s auto biography “Losing My Virginity ” which he read while in prison. Inspired by Richard Branson’s Virgin Group he founded UMEH Group and led it to some R500 million evaluation.

Philanthropy

Xolane Ndhlovu is a notable philanthropist in Africa, he is the founder and the President of The South African Entrepreneurship Centre For Ex- Offenders (SAECEO) which offer a variety of entrepreneurship skill programs to ex-offenders. He has contributed and donated to various educational and poverty fighting campaigns and organizations in countries like South Africa, Namibia, and Nigeria. He’s listed as one of the donors in President Cyril Remaphosa’s Solidarity Response Fund where he donated a half million rand. Ndhlovu is estimated to worth R1.2 billion as of 2020 thanks to his holding in DafriGroup PLC