Maqvest Group
Management
Meet the Management
The success of Maqvest Group is built on the strength of its leadership. Each member of our executive team brings deep industry knowledge, strategic vision, and a commitment to excellence that drives our mission forward.
Mandla Ntuli
Chief Executive Officer
Nosimilo Ngwane
Chief Financial Officer
Siphamandla Madida
Chief Operations Officer
Khulasande Ntuli
Business Development Executive
Siphelele Msimang
General Manager

Mandla Ntuli
Chief Executive Officer
Mandla is the founding visionary behind Maqvest Group. With 28 years of experience in forestry, law, and leadership, he founded Makati Industries in 2006 with just a tractor and trailer. Today, his entrepreneurial drive has shaped a multi-subsidiary group making a cross-sectoral impact. Mandla holds a BProc degree from the University of KwaZulu-Natal, a Certificate in International Leadership Development from Regenesys Business School, and a Certificate in Systems Engineering from MIT. He also practices law through MNI and serves on several boards.

Nosimilo Ngwane
Chief Financial Officer
Nosimilo is a results-driven finance executive with 6 years of experience in strategic financial management. She holds a BCom Honours in Business Management from UNISA and specializes in budget planning, variance analysis, and expenditure audits. Nosimilo is passionate about supporting Maqvest’s financial goals and organizational transformation.

Siphamandla Madida
Chief Operations Officer
Siphamandla (Spha) is a dynamic operational leader with over 14 years’ experience in business and project management. Since joining Maqvest in 2009, he has led the group’s operational footprint across South Africa and Mozambique. His achievements include securing FSC certification for subsidiaries and embedding sustainability into operations. He holds postgraduate qualifications in Business and Project Management.

Khulasande Ntuli
Business Development Executive
Khulasande is a forward-thinking strategist and Maqvest’s newest team member. He holds an Honours in Investment Management from the University of Pretoria and focuses on research, lead generation, and growth strategy. He is responsible for building client relationships and aligning innovation efforts across the group.

Siphelele Msimang
General Manager
Siphelele oversees operations and administration at Maqvest and its affiliated legal practice. With a Diploma in Management from DUT and experience running several businesses, she ensures the seamless coordination of finance, HR, IT, and marketing functions. She plays a key role in building workplace culture and supporting business continuity.
