
Phuthuma Nhleko
Net worth: 329 679 $ as of 30/09/2026

Net worth: 329 679 $ as of 30/09/2026
Freedom Phuthuma Nhleko (born 7 April 1960) is a South African businessman, former CEO of the MTN Group, which is an Africa-focused holding group involved primarily in the operation of GSM cellular telephone networks.
The group, which employs 6,000 people, reported turnover of R29bn for the year ended March 2005.
Nhleko is also chairman and one of the founding members of Worldwide African Investment Holdings, an investment holding company with interests in the petroleum, telecommunications and information technology industries. He helped build the company to a book value of investments of about R3,5bn.
As CEO of MTN group, Mr Nhleko has been appointed in 2007 to the Board of Directors of the GSM Association (GSMA), the global trade association for mobile phone operators. He serves the board during a two-year term from January 2007.
He was previously a senior member of the Standard Corporate & Merchant Bank corporate finance team. He also practised as a civil engineer and project manager for the Urban Foundation, and was a senior road engineer for the Ministry of Works in Swaziland.
Nhleko is a director of Johnnic Holdings, Nedbank Group and Old Mutual SA.
Nhleko's academic qualifications include a BSc in civil engineering from Ohio State University and an MBA in finance from Atlanta University.
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
IHS HOLDING LTD. 0.01% | 18/03/2026 | 37,112 ( 0.01% ) | 310 256 $ | 30/09/2026 |
TULLOW OIL PLC 0.01% | 31/12/2025 | 142,500 ( 0.01% ) | 19 423 $ | 30/09/2026 |
| Companies | Position | Start |
|---|---|---|
| JSE LIMITED | Chairman | 03/05/2022 |
| IHS HOLDING LIMITED | Director/Board Member | 01/10/2021 |
Engen Ltd.
Engen Ltd. Specialty StoresRetail Trade Engages in petroleum, lubricants, functional fluids and chemicals marketing & retail convenience activities | Director/Board Member | - |
Rapid African Energy Pty Ltd.
Rapid African Energy Pty Ltd. Integrated OilEnergy Minerals Operates as an oil and gas exploration company | Director/Board Member | - |
Engen Petroleum Ltd.
Engen Petroleum Ltd. Oil Refining/MarketingEnergy Minerals Refines and distributes petroleum products | Director/Board Member | - |
TBWA South Africa (Pty) Ltd.
TBWA South Africa (Pty) Ltd. Advertising/Marketing ServicesCommercial Services Provides communications and branding solutions | Director/Board Member | - |
Afrisam Group (Pty) Ltd.
Afrisam Group (Pty) Ltd. Construction MaterialsNon-Energy Minerals Manufactures and distributes cement | Director/Board Member | - |
Opiconsivia Investments 230 Pty Ltd.
Opiconsivia Investments 230 Pty Ltd. Finance/Rental/LeasingFinance Functions as special purpose vehicle | Director/Board Member | - |
Pembani Remgro Infrastructure Managers (Pty) Ltd.
Pembani Remgro Infrastructure Managers (Pty) Ltd. Investment ManagersFinance Pembani Remgro invests in companies located in South Africa. The firm focuses on the infrastructure sector. It provides financing for buyout and growth stage capital requirements. | Founder | 01/01/2011 |
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Active
Inactive
Listed companies
Private companies
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
| Private companies | 34 |
|---|---|
BP Plc
BP Plc Integrated OilEnergy Minerals Explores, produces, refines and distributes oil, natural gas and related products | Energy Minerals |
Anglo American Plc
Anglo American Plc Other Metals/MineralsNon-Energy Minerals Explores and mines precious base & ferrous metals | Non-Energy Minerals |
OM Residual UK Ltd.
OM Residual UK Ltd. Financial ConglomeratesFinance Functions as an investment holding company | Finance |
The Bidvest Group Ltd.
The Bidvest Group Ltd. Specialty StoresRetail Trade Operates as an investment holding company with its subsidiaries operating in the services, trading and distribution industries | Retail Trade |
Nedbank Group Ltd.
Nedbank Group Ltd. Regional BanksFinance Provides financial services and operates an international commercial bank | Finance |
GSM Association
GSM Association Miscellaneous Commercial ServicesCommercial Services Functions as a association representing interest of mobile operators | Commercial Services |
JSE Ltd.
JSE Ltd. Investment Banks/BrokersFinance Provides electronic trading, clearing and settlement services | Finance |
MTN Group Ltd.
MTN Group Ltd. Wireless TelecommunicationsCommunications Provides network information technology services, broadband and Internet products and services | Communications |
Johnnic Holdings Ltd.
Johnnic Holdings Ltd. Media ConglomeratesConsumer Services Operates an investment holding company with interests in the casino and gaming industries | Consumer Services |
Alexander Forbes Ltd.
Alexander Forbes Ltd. Investment ManagersFinance Provides financial advice and benefits administration services | Finance |
Tullow Oil Plc
Tullow Oil Plc Oil & Gas ProductionEnergy Minerals Engages in exploration and production of oil & gas | Energy Minerals |
Pembani Group (Pty) Ltd.
Pembani Group (Pty) Ltd. Financial ConglomeratesFinance Operates as a investment holding company | Finance |
Nedbank Ltd.
Nedbank Ltd. Regional BanksFinance Provides corporate, retail and investment banking, securities trading, foreign exchange and wealth management services | Finance |
Standard Corporate & Merchant Bank Ltd.
Standard Corporate & Merchant Bank Ltd. Major BanksFinance Provides commercial banking services | Finance |
Engen Ltd.
Engen Ltd. Specialty StoresRetail Trade Engages in petroleum, lubricants, functional fluids and chemicals marketing & retail convenience activities | Retail Trade |
The Ohio State University
The Ohio State University Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Johannesburg Stock Exchange
Johannesburg Stock Exchange Investment Banks/BrokersFinance Stock exchange | Finance |
MTN Nigeria Communications Plc
MTN Nigeria Communications Plc Wireless TelecommunicationsCommunications Provides cellular telecommunications services | Communications |
AfriSam (South Africa) Pty Ltd.
AfriSam (South Africa) Pty Ltd. Construction MaterialsNon-Energy Minerals Manufactures and supplies construction materials & technical solutions | Non-Energy Minerals |
Engen Petroleum Ltd.
Engen Petroleum Ltd. Oil Refining/MarketingEnergy Minerals Refines and distributes petroleum products | Energy Minerals |
MTN Côte d'Ivoire SA
MTN Côte d'Ivoire SA Wireless TelecommunicationsCommunications Provides cellular telecommunication services | Communications |
Atlantic University
Atlantic University Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
TBWA South Africa (Pty) Ltd.
TBWA South Africa (Pty) Ltd. Advertising/Marketing ServicesCommercial Services Provides communications and branding solutions | Commercial Services |
MTN International Pty Ltd.
MTN International Pty Ltd. Financial ConglomeratesFinance Investors Not Elsewhere Classified | Finance |
Shell Downstream South Africa Pty Ltd.
Shell Downstream South Africa Pty Ltd. Oil Refining/MarketingEnergy Minerals Retails commercial fuel, lubricants and oils | Energy Minerals |
Pembani Remgro Infrastructure Managers (Pty) Ltd.
Pembani Remgro Infrastructure Managers (Pty) Ltd. Investment ManagersFinance Pembani Remgro invests in companies located in South Africa. The firm focuses on the infrastructure sector. It provides financing for buyout and growth stage capital requirements. | Finance |
IHS Holding Ltd.
IHS Holding Ltd. Engineering & ConstructionIndustrial Services Operates as a holding company whose subsidiaries owns, operates and develops telecommunications infrastructure | Industrial Services |
Rapid African Energy Pty Ltd.
Rapid African Energy Pty Ltd. Integrated OilEnergy Minerals Operates as an oil and gas exploration company | Energy Minerals |
Afrisam Group (Pty) Ltd.
Afrisam Group (Pty) Ltd. Construction MaterialsNon-Energy Minerals Manufactures and distributes cement | Non-Energy Minerals |
Opiconsivia Investments 230 Pty Ltd.
Opiconsivia Investments 230 Pty Ltd. Finance/Rental/LeasingFinance Functions as special purpose vehicle | Finance |
Blue Falcon 179 Trading (Pty) Ltd.
Blue Falcon 179 Trading (Pty) Ltd. MiscellaneousMiscellaneous Operates as a non-classified establishment | Miscellaneous |
Old Mutual Ltd.
Old Mutual Ltd. Life/Health InsuranceFinance Provides investment, savings, insurance and banking services | Finance |
Mobile Telephone Networks Holdings Ltd.
Mobile Telephone Networks Holdings Ltd. Wireless TelecommunicationsCommunications Operates mobile communications networks | Communications |
IHS Towers (United States)
IHS Towers (United States) Engineering & ConstructionIndustrial Services Owns, operates and develops communications infrastructure | Industrial Services |
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