Mr Ntuli is Chairman of the National Empowerment Fund (NEF), a multi billion Rand Development Finance Agency established by the Government of the Republic of South Africa to promote and drive Broad-Based Black Economic Empowerment (BEE) and transformation of the South African economy. He is also Deputy Chairman of Comair Limited, a company listed on the JSE Securities Exchange with investments in the Aviation and Travel sectors, and operates airlines such as British Airways and Kulula.
Mr Ntuli is a member of the Honorary International Investor Council (HIIC) for the President of the Federal Republic of Nigeria. The HIIC is a body of leading international business-persons that advises the President and members of the Federal Government on how Nigeria can encourage further investment in the country.He is a former President of the Johannesburg Chamber of Commerce and Industry and he is a member of a number of boards and public sector committees.
Mr. Ntuli holds an LLB from University of Edinburgh and he is one of South Africa’s leading entrepreneurs and proponents of transformation. He is founder and Chairman of Thelo Group, an independent investment company with interests in the aviation and resources sectors. He is also former Chief Executive of Incwala Resources, a ZAR13.5 billion resources investment company focusing primarily in the Platinum Group Metals (PGMs) sector. Preceding his role at Thelo Group, in partnership with one of Africa’s largest banking groups, Mr. Ntuli founded Andisa Capital, a diversified financial services group with interests in private equity, stock-broking, capital markets, corporate finance and treasury solutions, where he was Chief Executive.