Danny Msiza | Biography, Wife, ANC, VBS, Business, Wiki

Quick Facts

FactDetail
Full NameDanny Msiza
Date of BirthNot specified
Place of BirthSekhukhune, Limpopo
OccupationPolitician, Businessman
Political AffiliationAfrican National Congress (ANC)
Notable RolesProvincial Treasurer of the ANC in Limpopo (2015-2022)
Business InterestsNkulunge (BEE shares in Cell C), Marula Platinum (Implats group)
Estimated WealthR7.5 million (Nkulunge), R12.8 million (Marula Platinum), R100 million (property portfolio)
FamilySpouse: Mmabogoshi Bellah Msiza

Early Life and Anti-Apartheid Activities

Danny Msiza was a key figure in the anti-apartheid struggle in the Transvaal region during the 1980s. He served as the inaugural president of the Motetema Youth Congress, a prominent anti-apartheid organization. His political activism led to his recruitment into the underground structures of Umkhonto we Sizwe, the armed wing of the ANC, in 1984. Due to his involvement, he spent time in exile until his return to South Africa in 1992 after the unbanning of the ANC.

Political Career

Upon his return, Msiza became actively involved in ANC structures in Sekhukhune, a region in present-day Limpopo. His dedication and leadership within the party culminated in his election as the Provincial Treasurer of the ANC in Limpopo in September 2015. He held this position until 2022, playing a crucial role in the party’s financial management and strategic planning in the province.

As the 2024 general elections approach, Msiza is actively campaigning for the ANC, leveraging his extensive experience and community connections to garner support for the party.

Business Ventures and Property Portfolio

In addition to his political career, Danny Msiza is a successful entrepreneur with a diverse portfolio of business interests and properties.

Business Interests

  1. Nkulunge: Holds BEE shares in Cell C, valued at R7.5 million.
  2. Marula Platinum: Part of the Implats group, with a stake worth R12.8 million.
  3. Karibu Group: Involved in insurance and construction, with a projected profit of R41 million.
  4. DW Projects North West: Listed with a projected profit of R12 million.

Property Portfolio

Msiza is somewhat of a property mogul, owning various properties in Polokwane worth more than R60 million. His entire property portfolio, held through various companies such as Mojovax, is valued at nearly R100 million.

  1. Scott Estate: A R13 million home in the upmarket Scott Estate in Hout Bay.
  2. Hollandsdrift Farm: Portion 19 of Hollandsdrift, a 214-hectare piece of land worth R16.5 million.
  3. Ingwe Ranch: Valued at R7 million.
  4. Limpopo Guest Manor: A four-star lodge situated in Polokwane central, worth an estimated R15 million.
  5. Cycad Estate: A R9.5 million property in Polokwane.
  6. Office Buildings: Located in Centurion and Polokwane.
  7. Irene, Pretoria: A home valued at R6.5 million.

According to reports, these properties were purchased between 2012 and 2017, with some acquisitions made through VBS.

Personal Life

Danny Msiza is married to Mmabogoshi Bellah Msiza, a businesswoman. Together, they navigate their professional and personal lives, contributing to their respective fields and communities.

Controversies and Legal Challenges

Msiza’s career has not been without controversy. Despite facing allegations and legal challenges, particularly related to the VBS Mutual Bank scandal, he has maintained his innocence. The ANC’s decision to allow him to campaign for the upcoming 2024 elections underscores the principle of presumed innocence until proven guilty, which his supporters staunchly defend.

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