Having persuaded key individuals that an investment fund should be set up to finance community projects, Khanyile helped to establish Thebe Investment Corporation in 1992. A community activist for most of his adult life, Khanyile has participated in numerous development programmes and community-based organisations. He has served as director on a number of listed and unlisted companies and serves on various boards in a non-executive capacity, such as Shell SA Refinery and Vodacom SA. He is also the Independent Chairman of Santam and non-executive chairman of the JD Group.

He holds an Honours degree in Accounting and Finance from the University of Birmingham, a Fellowship in Development Finance at Princeton University and an Honorary Doctorate from the University of Transkei.

Khanyile’s previous appointments include: ANC Head of Finance (1990 to 1992), Chairman of the Educational Development Trust (since 1989), NECC founding Chairman (1985 to 1989), and Special Assistant to the Vice Chancellor, and later Deputy Registrar, at the University of Cape Town.

Vusi started his career in the finance division at Anglo American and later ran his own finance company.