Executive Team

Mpumelelo “Mpumi” Sowazi
Deputy Chairman

Mpumi has served in the legal departments of a number of large South African corporations, including Anglovaal Limited and IBM, as senior legal adviser. In both these companies, he was actively involved in their restructuring and positioning necessitated by the ever changing business landscape.

Later, Mpumi joined a group of other young budding entrepreneurs to form Litha Investment Group (Pty) Limited (“LIG”), a company formed specifically to empower its members, taking advantage of new opportunities ushered in by the changing political landscape. Part of his growth path has been his involvement in the corporate finance team with Fusion Corporate Finance, of which LIG held a 50%. In his role at Fusion Corporate Finance, he was part of a team in joint ventures with large corporate finance houses such as Standard Chartered & Merchant Bank, then Nkonki Sizwe & Ntsaluba and Ernst & Young, involved in and pursuing various restructuring and privatisation initiatives and assignments of state owned entities.

Pursuant to LIG’s true empowerment philosophy of being operationally involved in its investment companies, Mpumi is currently an executive director of Litha Healthcare Holdings (Proprietary) Limited (“Litha Holdings”) and a director of other companies in the Litha Holdings’ stable. He is mainly responsible for corporate affairs services and the strategic positioning of these companies in the dynamic business environment they operate. His legal background and experience in business negotiation and legal analysis, is a valuable addition to Litha Holdings’ skills base. He also continues to serve in the boards of Litha Holdings and its constituent companies; The Biovac Institute, a Public Private Partnership with the South African for the production and manufacture of human vaccines; Pharmaceuticals Made in South Africa (PHARMISA), an industry association of local pharmaceutical manufacturers, as well as Biopad, a Department of Science and Technology championed biotechnology regional innovation centre.

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