Salukazi Dakile-Hlongwane has a passion for social upliftment and has spent her career developing Africa and its women. The company she helped to create, Nozala Investments, is a broad-based women’s investment firm
that aims to ensure economic advancement for women.
Salukazi grew up in Soweto. Her father was a civil servant and her mother made and sold dresses to neighbours. She has said this inspired her own entrepreneurial spirit. Dakile-Hlongwane went to school in Lesotho, where her parents sent her to escape the Bantu education system. After school, she did an economics degree and went to work for the Lesotho National Development Corporation. She then went to the United States to do her MA in development economics.
Since then, Salukazi has worked for the African Development Bank in Abidjan, Côte d’Ivoire; for the Southern African Development Corporation in South Africa; and for FirstCorp Merchant Bank in the structured finance unit. She has been CEO of Eqstra Holdings Limited and is a director of MultiChoice Africa. She was also assistant general manager of specialised finance at BoE NatWest.
Salukazi and two other women, Jean Ngubane and Dawn Mokhobo, were the founding members of Nozala when it was established in 1996. It is currently controlled by its founding members through Nozala Holdings and 10 women’s empowerment groups. A separate trust supports business start-ups in poor areas.
Salukazii is now Chief Executive of Nozala Investments. Nozala Investments is a leading investment company with interests ranging from hospitals and education to construction materials and telecoms. She is former Assistant General Manager of Specialised Finance at BoE, and Senior Manager of the structured finance unit and Former Senior Project Officer at the Lesotho National Development Corporation. She is also the Director of Educor, Tsogo Sun, Eskom Enterprises, and the CEO of Eqstra Holdings Limited.
Executive Chair & Director | Nozala Investments (Pty) Ltd
South Africa | 1996 – present
Mining, Energy and Natural Resources
Chief Executive Officer | EQSTRA HOLDINGS LIMITED
Board Member | MultiChoice Africa (Pty) Limited
ICT and Telecommunications
Independent Non-Executive Chairperson | THE DON GROUP LIMITED
Travel, Tourism and Hospitality
We sakute you, Salukazi!