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Danny Msiza: Biography, Age, Wife, Children, Worth, Business, Career, ANC, Profile, Wiki

BIRTH NAME: Mamphe Daniel Msiza
DATE OF BIRTH: Unknown
PLACE OF BIRTH: Limpopo
OCCUPATION: Politician
WIFE: Mmabogoshi Bellah Msiza

Danny Msiza is the former ANC Limpopo Provincial Treasurer; form September 2015 to 11 December 2018.

Early Life, Background And Childhood

Mamphe Daniel Msiza best known as Danny Msiza was born in Limpopo.

Family

Danny Msiza is married to businesswoman Mmabogoshi Bellah Msiza and they also have five children together.

Danny Msiza Worth

Property mogul

According to News24 reports, Msiza is somewhat of a property mogul, owning various properties in Polokwane worth more than R60m.

All told his property portfolio (held through various companies) amounts to nearly R100m.

According to the financial statement, Mojovax owned R34.9m in worth of property in 2016. Since then, the R9.5m Polokwane central property was purchased through VBS and assuming he has not sold off any of his property, that will bump up Mojovax’s asset base to R44m.

These properties include a R13m home in the upmarket Scott Estate in Hout Bay and a portion of Hollandsdrift farm, 25km south of Polokwane worth R16.5m.

Hollandsdrift is home to the four star Protea Hotel by Marriot Polokwane Ranch Resort, believed to be owned by Msiza.

In June this year, the Limpopo ANC held its elective conference at the venue.

Msiza further owns Ingwe Ranch (valued at R7m) and Limpopo Guest Manor, a four star lodge situated in Polokwane central worth an estimated R15m.

The remainder of his properties are various homes in Polokwane, one a R9.5m pad in Cycad Estate. He also owns office buildings in Centurion and Polokwane as well as a R6.5m home in Irene, Pretoria.

Property records show that some of these purchases were made between 2012 and 2017.

Rich man, poor man

The remainder of Msiza’s wealth stems from shares he holds in Nkulunge, which holds BEE shareholding in Cell C. This is valued at R7.5m.

He also holds a stake in Marula Platinum – part of the Implats stable, worth R12.8m. Marula Platinum mine is situated in Limpopo.

Msiza listed a projected profit of R41m from his Karibu Group, which is involved in insurance and construction.

He also lists a projected profit of R12m from a company named DW Projects North West, of which little information was immediately available.

Perhaps Msiza’s crowning jewel? A BMW 525 which he valued at a modest R250 000.