Face to Face with Success

Meet Romeo Kumalo, the adventurous venture capitalist

He has more than 20 years of experience in the South African ICT sector - 10 years of which were spent with Vodacom – now Romeo Kumalo has struck out on his own and is forging a new path to success.

Vodacom was “the most amazing experience”, Kumalo says, acknowledging that his time there taught him everything he now knows about technology, managing large corporate, and working across countries and continents.

But more importantly, how to create value out of air.

In mid-2015, Kumalo resigned from his executive position at Vodacom, and co-founded venture capital firm Washirika Holdings with former Absa marketing director and SuperSport CEO Happy Ntshingila.

For Kumalo, a successful business comes down to its people.

Business is about people. It's about the magic of creating teams and of working with different people.

Romeo Kumalo, co-founder of venture capital firm Washirika Holdings

Now, in his 40s, Kumalo says he wants to make his own dent in the universe – and he plans to do this through supporting budding entrepreneurs in South Africa.

As a member of M-Net’s Shark Tank, he has been afforded the opportunity to get involved with young entrepreneurs and invest in businesses that he believes will help solve societal problems in the country.

Listen to Kumalo in conversation with Nikiwe Bikitsha in this week’s Face to Face With Success, brought to you by Nashua.


Recommended

by NEWSROOM AI

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
To play the (success) game well, get your game plan from the experts

To play the (success) game well, get your game plan from the experts

Ever wondered what the man who started Sorbet and a mathematical genius have in common?

Meet Kopano Matlwa Mabaso: Best-selling author and dedicated doctor

Meet Kopano Matlwa Mabaso: Best-selling author and dedicated doctor

At 21, she wrote a best-selling novel while studying medicine. Today, she's a doctor, a mother, and has three novels to her name.

Meet Helen Rees: Champion of public health

Meet Helen Rees: Champion of public health

Meet a champion fighting for the health of our nation!

Meet Maggie and Malebo Mokotedi: Queens of holistic healthcare

Meet Maggie and Malebo Mokotedi: Queens of holistic healthcare

Mother and daughter team Maggie and Malebo Mokotedi are making a difference with state-of-the-art healthcare in South Africa.

Meet Adri Williams: Changing lives, one cookie at a time

Meet Adri Williams: Changing lives, one cookie at a time

Khayelitsha Cookies is more than just a biscuit brand - it's the product of an inspiring journey of social entrepreneurship.

Meet multi-skilled rugby star Siya Kolisi

Meet multi-skilled rugby star Siya Kolisi

Growing up disadvantaged in the Eastern Cape, becoming an international rugby star was the furthest thing from Siya Kolisi’s mind.

Popular articles
Here's how to check your load shedding schedule in Cape Town

Here's how to check your load shedding schedule in Cape Town

Stage 1 load s​hedding has been declared nationally. The City of Cape Town has urged residents to take note of the schedules.

Man who dumped body of family dog in street demoted at top JHB law firm

Man who dumped body of family dog in street demoted at top JHB law firm

Media law guru Emma Sadleir warns employees online that there are many potential events that could bring a company into disrepute.

SPARK Schools provides Singapore-quality education for R19 400 per year

SPARK Schools provides Singapore-quality education for R19 400 per year

Our education system is poor, leading to a proliferation of private schools, most which are unaffordable even for the middleclass.

Get ready for another round of load shedding as Eskom workers shut down power

Get ready for another round of load shedding as Eskom workers shut down power

Eskom spokesperson Khulu Phasiwe says the power utility has instructed municipalities to implement stage one load shedding.

[WATCH] SPCA lays animal cruelty charges following violent attack on seal pup

[WATCH] SPCA lays animal cruelty charges following violent attack on seal pup

Video footage emerged on Facebook showing two fishermen brutally kicking and stabbing the animal.

[LISTEN] Wife of Siya Kolisi 'so proud' as husband Siya leads SA to victory

[LISTEN] Wife of Siya Kolisi 'so proud' as husband Siya leads SA to victory

The Springboks won a Test game against England on Saturday under the captaincy of Siya Kolisi.

UPDATE: Joburg man who dumped dead dog claims there were no vets nearby - SPCA

UPDATE: Joburg man who dumped dead dog claims there were no vets nearby - SPCA

The man has told the Sandton SPCA that he could not locate a nearby veterinary clinic in order to dispose of the dog's carcass.

Eusebius: 'Needing to know what happened before the Supersport video is BS'

Eusebius: 'Needing to know what happened before the Supersport video is BS'

Callers on The Eusebius McKaiser Show stand behind Ashwin Willemse who walked off the Supersport Rugby set on Saturday.