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
Why many couples today are struggling with marriage

Why many couples today are struggling with marriage

Dr Eve advises that many modern couples need marriage to be a safe space for self-expression and self-actualisation.

'The NPA should be ready and re-enroll the matter' - Nel on Malema prosecution

'The NPA should be ready and re-enroll the matter' - Nel on Malema prosecution

AfriForum not backing down over decision to privately prosecute Julius Malema.

'They shot out the tyres and they shot the victim'

'They shot out the tyres and they shot the victim'

EWN's Mandy Weiner describes an eyewitness account of one of the two shootings on Johannesburg's highways on Wednesday.

Cape Town not out the woods yet even with recent rainfall

Cape Town not out the woods yet even with recent rainfall

Climate expert, Piotr Wolski, says the city will know towards the end of May whether 2018 is a good or bad year.

Where is Zuma going to get this 'tsunami' of legal fees?  - Karyn Maughan

Where is Zuma going to get this 'tsunami' of legal fees? - Karyn Maughan

The Presidency has now officially withdrawn its application for leave to appeal the personal costs order against Jacob Zuma.

Water to be released from Berg River to Misverstand Dam to avoid Day Zero

Water to be released from Berg River to Misverstand Dam to avoid Day Zero

Government has put plans in place to prevent the Misverstand Dam from running dry in a week's time.

Highly-criticised world athletics body's rule could end Caster Semenya's career

Highly-criticised world athletics body's rule could end Caster Semenya's career

She faces ongoing complaints from rivals about having an "unfair advantage" on the track, but how fair is this proposed IAAF rule?