ShapeShifter

Meet Sango Ntsaluba, founder of South Africa’s first black-owned audit firm

We’re investing inbrilliant stuff! I love it!

Sango Ntsaluba

We won’t fund anybody who are doing five things at the same time.

Sango Ntsaluba

They don’t wear suits or comb their hair! They know everything! It’s their arrogance that I like.

Sango Ntsaluba

The Money Show’s Bruce Whitfield interviewed Sango Ntsaluba for his weekly “ShapeShifter” feature.

Ntsaluba is the Chairperson of NMT Capital, a firm that invests in companies and assists them to grow sustainably.

He is also the founder of SizweNtsalubaGobodo.

SizweNtsalubaGobodo provides auditing, advisory and forensic services.

Ntsaluba – a chartered accountant – is also active in family business WZ Capital, a small business venture capital fund.

He has a passion for Black Economic Empowerment and giving back, especially to his community in rural Eastern Cape where he comes from.

Listen to the interview in the audio below (and/or scroll down for more quotes from it).

The auditing profession teaches you to work hard.

Sango Ntsaluba

The hours auditors put in are crazy!

Sango Ntsaluba

You can never avoid doing business with Government. But you must have your parameters.

Sango Ntsaluba

You need regulatory certainty [in mining]… I don’t see the certainty.

Sango Ntsaluba

We [Government and the private sector] need each other.

Sango Ntsaluba

Why could parties not sit together [to draft the Mining Charter]?

Sango Ntsaluba

The whole economy relies on auditors.

Sango Ntsaluba

There must be a prospect for scalability [before we provide funding].

Sango Ntsaluba

It helps if they have secured one or two clients.

Sango Ntsaluba

I have a love for developmental finance!

Sango Ntsaluba

Acquisition of new knowledge is like honey!

Sango Ntsaluba

There is no substitute for education.

Sango Ntsaluba

I’m born here [in South Africa] and I’ll die here.

Sango Ntsaluba

Click here (then “like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Sars acting Commissioner Mark Kingon wants tax to be boring. It won't be easy

Sars acting Commissioner Mark Kingon wants tax to be boring. It won't be easy

South African Revenue Services' Mark Kingon has the most dreadfully important job. Bruce Whitfield interviews him...

SA start-up uses local talent to teach machines to think for themselves

SA start-up uses local talent to teach machines to think for themselves

Bruce Whitfield interviews Frans Cronje, cofounder of DataProphet, a firm specialising in tailor-made machine learning algorithms.

‘Real Wolf of Wall Street’ Jordan Belfort on sex, drugs and starting over

‘Real Wolf of Wall Street’ Jordan Belfort on sex, drugs and starting over

[Strong language warning] Jordan Belfort, played by Leonardo DiCaprio, opens up about his sordid past and inspirational new life.

Meet Jacko Maree, tasked by the President to get R1.2 trillion in investments

Meet Jacko Maree, tasked by the President to get R1.2 trillion in investments

The Money Show’s Bruce Whitfield interviews Maree, Chairperson at Liberty Holdings (and former CEO of Standard Bank).

Hate plastic? Grocer Nude Foods doesn’t have any of it! It’s also cheaper…

Hate plastic? Grocer Nude Foods doesn’t have any of it! It’s also cheaper…

The concept is not new, or a hipster fad. The Money Show’s Bruce Whitfield interviews Nude Foods founder Paul Rubin.

SPARK Schools provides Singapore-quality education for R19 400 per year

SPARK Schools provides Singapore-quality education for R19 400 per year

Our education system is poor, leading to a proliferation of private schools, most which are unaffordable even for the middleclass.

Popular articles
Robots are already replacing financial advisors right here in South Africa

Robots are already replacing financial advisors right here in South Africa

But can they be trusted? Are they independent? Bruce Whitfield interviews Personal Financial Advisor Warren Ingram.

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Bruce Whitfield interviews La Grange about her and Madiba's attitude to money (hopes and fears, successes and failures, etc.)

You’re either a ‘money slave’ or a ‘money master’ (says author of 'My Money')

You’re either a ‘money slave’ or a ‘money master’ (says author of 'My Money')

The Money Show’s Bruce Whitfield interviews Sugar Creek financial expert and author of “My Money” Gerald Mwandiambira.

How to make money through ‘buy-to-let’ (using very little of your own money)

How to make money through ‘buy-to-let’ (using very little of your own money)

Bruce Whitfield interviews Francois Janse van Rensburg, author of “Making Money through Buy-To-Let in South Africa".

Retirement: 8 biggest mistakes people typically make…

Retirement: 8 biggest mistakes people typically make…

The Money Show’s Bruce Whitfield interviews Galileo Capital Financial Advisor Warren Ingram.

UPDATE: Chilling WhatsApp from Marli van Breda's ex-boyfriend read out in court

UPDATE: Chilling WhatsApp from Marli van Breda's ex-boyfriend read out in court

Marli van Breda's ex took the stand in the trial of triple murder accused Henri van Breda.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Meet Errol Musk - father of Elon, the most innovative entrepreneur of our age

Meet Errol Musk - father of Elon, the most innovative entrepreneur of our age

Elon Musk, as you’d expect, hails from an exceptional family. Bruce Whitfield interviews his Capetonian father.