What makes Moses Tembe so influential?
Durban business tycoon Moses Tembe’s name has become a topic of widespread discussion among South Africans following the tragic murder of musician Kiernan “AKA” Forbes on February 10th.
According to TheSouthAfrican, Tembe’s net worth is estimated to range from $30 million to $45 million (approximately R540 million to R808 million).
The affluent entrepreneur is said to be the proprietor of Moses Tembe Investments (PTY) Ltd, a company boasting an approximate annual revenue of $2.45 million (around R44 million).
At 61 years old, he is currently married to Zulu royal princess Ntandoyesizwe Zulu, aged 46. Notably, the princess is the offspring of the late AmaZulu King Goodwill Zwelithini and Queen Regent Mantfombi, both of whom have passed away.
Getting to know Moses Tembe
Notably, he also serves as the deputy chair of Phumelela Gaming, a significant role that underscores his influence in the gaming industry. Furthermore, the businessman lends his expertise as a director at the Durban International Conference Centre, contributing to the management and strategic direction of this prominent venue.
Additionally, his involvement as co-chairman of the KZN Growth Coalition and Economic Council showcases his commitment to driving economic development and fostering growth initiatives in the KwaZulu-Natal region.
Through his multifaceted roles, he continues to make a significant impact across various sectors, solidifying his reputation as a distinguished leader and visionary in the business community.
He has reportedly also held the following posts:
Secretary-General of Inyanda (KZN NAFCOC)
Director at Mazibuye Investments
President of the Durban Chamber of Commerce and Industry
Chairman of the eThekwini Community Foundation and member of the Board of Durban Infrastructure Development Trust.
African Federated Chamber of Commerce (KZN)
Former President of Durban Chamber of Commerce and Industry (Board directorship since 2008