Mbuyelo is a Xitsonga word that means ‘returns’. Our company is driven by the fact that rewards are received for work/effort put in. We hence put in unparalleled effort in all we do towards building on our company. We are geared at ensuring that our stakeholders get returns on their investment.
An opportunity arose in the mining industry where government held talks with the general public around the mining charter. It is from there that the Mineral and Petroleum Resources Development Act 28 of 2002 (-or the MPRDA) was born. The Department of Minerals’ regulation allowed the “Old Order Rights holders” to apply for the conversion of their Old Order Rights into new order rights by the 30th of April 2004. These Right holders were individuals or entities who previously owned Mineral Rights in terms of the old Mining and Mineral Regulation Act. This process required the Old Order Rights holders to meet certain minimum requirements, such as technical and financial ability, as well as to demonstrate BEE participation. Mr Rirhandzu Owner Siweya ventured on with his then mentor and consultant Mr Donald Sinclair Muller across all of Mpumalanga and Kwazulu Natal, in search of farmers needing to convert their rights. The Department of Mineral Resources (DMR) granted 13 out of 15 rights applied for in partnership with the farmers.
After the April 2004 window, all unconverted Rights fell back to the state as per the MPRDA. Motivated by the success of their previous applications, Mr Siweya and his crew went on a mission to apply for as many mining rights as possible. Strengthened by the unwavering support of his then fiancée and now wife, Mrs Gloria Lerato Siweya, Mr Siweya conceptualized, planned and then dictated the applications of the prospecting rights inter alia the current Ntshovelo Mining Resources. In the absence of resources (-e.g. a basic computer to type and construct the applications), the duo became well-known faces at a local internet café.
It was not long before they were joined by Mr Siweya’s brother (-V. S Siweya, now director of Mbuyelo) and friend-turned-brother, N.M Shilubane who equally sacrificed his time by adding value to the what was a pipe dream (at the time). A satisfactory number of mining rights were caught in the net, although many fell through.Fast forward numerous rewarding years later and many laborious tasks, Mr Siweya (guarded by a capable executive team) realised the team’s potential, and decided to soldier on. He registered a company that would be groomed for listing. Its name would be, Mbuyelo Coal.
Top Management and Board Members
Rirhandzu Owner Siweya
Chief Executive Officer
Mr Rirhandzu Owner Siweya, Chief Executive Officer of Mbuyelo Coal (Pty) Ltd has been a keen player in the mining industry for over a decade. His positions in the business world have ranged from Managing Director and Chairman, to Chief Executive Officer and Founder of an array of industries. Having studied his B Juris (-Law), Mr Siweya began his path in Corporate and Commercial Law.
Not too long after he had his hands in Financial Services, until he found his calling in the mining industry. This is where he founded the company Mbuyelo Group (Pty) Ltd with subsidiaries in fields such as mining, logistics, contracting, property and farming. He is a born leader whose principles echo loyalty, empathy, hard work and growth.
Chief Financial Officer
A Chartered Accountant (CA) by profession, Mr Mthombeni ventured into the mining industry through Mbuyelo Group (Pty) Ltd as Chief Financial Officer in 2008. Majority of his experience in the financial world can be credited to his service in esteemed KPMG, where he completed his articles and qualified as a CA. He gained his experience in mining through hard work and that together with book smarts, he gained the company’s confidence and joins Mbuyelo Coal as the company’s Chief Financial Officer.
Mr Mthombeni’s experience in mining stems from the experience gathered during the growing phase of the company: from green fields’ exploration projects to the conversion of those green fields into mining operations.
Reinhardt Van Wyk
Reinhardt has spent several years in the mining industry providing consulting services to various industries including, gold, platinum, and coal. These services were primarily in the financial field and included financial manager and CFO positions.
Reinhardt began his career as an auditor and after completing his articles, spent 2 years in London working for amongst others, Ernst and Young. Upon returning to South Africa he served a short stint with MUR Shipping – a division of Macsteel international.
In 2006 he decided to open an independent audit practice and he successfully ran this business for 8 years after which he decided to switch directions and focus on consulting in the mining industry.
Public Relations Executive
Vutomi Siweya is our hands-on gentleman and deals with all Public Relations of the company. He has been with Mbuyelo since inception and has at one point or another been involved at all stages of the mining process from the prospecting to the mining right phase.
His remarkable negotiation skills and smart wit makes discussions between Mbuyelo, communities and the state a smoother transaction. His knowledge in mining is something to be reckoned with- even in his tender age. Vutomi has been involved in the mining industry for 8 years.