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Board of Trustees

At the heart of the KZN Growth Fund is our brand essence, the sentiment that drives and motivates everything we do and this centers on the concept of financing growth in the province.

Mr Siphile Buthelezi


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Siphile Buthelezi is the Chairperson of the Board of Trustees and Chairperson of the Investment Committee of KZN Growth Fund, Managing Director and Head of Corporate/Commercial at Buthelezi Vilakazi Inc, Non-Executive Director of South African Airways (SAA), Chairperson of the Board of South African Airways Technical (SAAT), Co-Founder of RadioVybe, Secretary General of the Progressive Professionals Forum (PPF) and Chairperson of the Board of Ekupholeni Mental Health and Trauma Centre. Siphile has served on various board committees including Remuneration, Human Resources and Nominations Committee (REMCO) and Long-term Turnaround Strategy Committee (LTTS).

Siphile attained his LLB degree (with distinctions) from the University of KwaZulu Natal (Westville Campus).

Siphile was admitted as an attorney of the High Court of South Africa in 2009. Before the establishment of Buthelezi Vilakazi, Siphile practiced at Bowman Gilfillan, where he practiced in Banking & Finance, Corporate/Commercial, Construction and Engineering and Private Equity.

Siphile spent time in New York City. During his tenure in New York, he spent six months at Davis Polk & Wardwell LLP (Law Firm), where he worked in their Credit and Capital Markets (Banking & Finance) Department. Davis Polk then seconded him to Morgan Stanley (Investment Bank) for another six months, before returning to South Africa in 2011 to rejoin Bowman Gilfillan. He specialises on a broad range of Banking and Finance Transactions, Secured Lending, Syndication, Project Finance, Acquisition Finance, Leveraged Finance, Structured Finance, Property Finance, Minerals and Resource Finance, High Yield Bond Transactions, Private Equity, Construction and Engineering, Property Law and General Corporate/Commercial Matters. In addition, Siphile’s experience includes the establishing of banks and representative offices of foreign banks in South Africa. Siphile also has a solid Commercial Litigation experience.

Ms Bongekile Zulu

B Proc, MBA – UKZN

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Ms Bongekile Zulu holds a B Proc degree and an MBA from the University of KwaZulu-Natal. She also has a certificate in Environmental Law from the University of Pretoria. She was admitted as an attorney in November 2000. She carries both public & private sector experience, having served as a legal practitioner at KZN Wildlife and the Road Accident Fund. She serves on many boards and committees in KZN and as chairperson for the SARS Tax Appeals Board KZN.

Mr Khaya Thango

B Proc, LLB – UKZN

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Mr Khaya Thango holds a B Proc degree and LLB post grad degree from the University of KwaZulu-Natal. He has also completed certifications in various areas within the legal fraternity. He has worked in both private & public sector at Senior and Executive levels. He is currently practising as senior advocate in KZN and around different Provinces, and serves as member of the KZN Bar Council. He has gained immense experience by serving on many Boards and committees.

Mr Silas Hlophe

MBL (Masters of Business Leadership) – UNISA | BCOM (Hons) – UKZN

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Mr Silas Hlophe holds a Master’s in Business Leadership (MBL) from UNISA, a BCOM Honours in Accounting from UKZN and National Diploma in Cost and Management Accounting from Durban University of Technology.

He completed his articles through the office of the Auditor General. He has worked in both private and public sector as Senior Management Level mainly within KZN. His experience varies from being Chief Financial Officer of local Government Municipalities and Provincial Government Department.

Over the years to current he has served in various Boards and Committee where he contributed significantly on improving internal controls governance and compliance.

Mr Ashvir Dhuki

Chartered Accountant (UKZN)

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Mr Ashvir Dhuki is a qualified chartered accountant from the University of KwaZulu Natal. He has gained a diverse in-depth experience in the financial services industry, both in private and public sectors. He served his articles at PKF Durban, and gained experience for a year as Audit Manager, before moving to Morar Inc. as Director. In 2012, Mr Dhukir opened his own audit accounting practice where he currently serves as Managing Director. He has gained immense experience by serving on many Boards and committees and as a financial advisor to higher learning institutions.

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