B Com (Natal), CA (SA)
Mahlubi’s career started as internal auditor for the Tongaat-Hulett Group at its Head Office in Tongaat. He moved into corporate finance in 1998, joining African Merchant Bank (“AMB”) and in 2000 moved to Deutsche Bank and. Mahlubi is currently the Managing Director of MIG Corporate Finance since 2004.
At AMB he advised on different aspects of M&A transactions, including valuations, funding structures and capital raising mainly for BEE investors. He spent two years at AMB. Thereafter he joined Deutsche Bank Corporate Finance.
At Deutsche Bank he worked high profile transactions including the abortive take-over of Iscor Limited by Anglo-vaal Mining Limited; the Initial Public Offering of Telkom Limited; and the abortive sale of a significant equity in Denel Limited to BAE Systems. Mahlubi specialized in mining and related industries transactions. He left Deutsche Bank after three years to start MIG Corporate Finance.
At MIG Corporate Finance, Mahlubi worked as an independent financial advisor and consultant with various boutique black-owned advisory businesses, performing business valuations and advising on BEE transactions. The most recent high profile transactions have been: the formation of Incwala Resources (Pty) Limited as the BEE partner to Lonmin plc’s South African based platinum assets; and the reverse take-over of Rebserve Limited by Mvelaphanda Investments Limited.
Mahlubi holds a Bachelor of Commerce and Diploma in Accountancy from the University of Natal, Durban. He served his accounting traineeship contract with Deloitte and Touché in the Durban Office. He qualified as a Chartered Accountant in 1998.