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Auswell Mashaba is a famous South African engineer, businessman and former director of Swifambo Rail. He rose to fame in 2016 when it was reported that his company had won a controversial R3.5 billion contract to supply locomotives to the Passenger Rail Agency of South Africa (PRASA). .
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The contract was canceled by PRASA amid allegations of corruption and irregularities in the procurement process. Subsequently, Auswell Mashaba and other Swifambo executives were arrested and faced fraud and money laundering charges.
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South African businessman
Auswell Mashaba | |
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Auswell Mashaba: History ‧ Biography ‧ Photos | |
Wiki Info & About Data | |
First and last name: | Auswell Mashaba |
Born: | ??? (age?? years) |
Place of birth: | South Africa |
Nationality: | South Africa |
Education: | do not apply |
Height: | do not apply |
Parents: | Mr. and Mrs. Mashaba |
Siblings: | Noel Mashaba |
Couple: | Joyce Mashaba |
Girlfriend • Partner: | Green Mbombo (rum.) |
Children: | Nsovo Mashaba |
Job: | Businessman • Engineer |
Net value: | 3.7 million USD (USD) |
Early Life & Education
Born in South Africa, Auswell Mashaba identified his passion for engineering during his academic pursuits there. Raised in a small town by his mother, father, and two younger brothers, Auswell’s upbringing emphasized the value of education and the dedicated pursuit of his profession.
Auswell Mashaba’s younger brother, Noel Mashaba, serves as executive chairman at GladAfrica Group, a multidisciplinary built environment consulting firm.
While Auswell Mashaba is educated, he has chosen not to publicly reveal his educational background. However, it must be admitted that he has ventured into the financial sector, accumulating many years of experience in the banking industry.
Career
Auswell Mashaba began his professional journey as a junior engineer, eventually reaching the pinnacle of his career as the head of a government agency before retiring in 2002. founding director of AM Consulting Engineers (AMCE), a multi-disciplinary EPC firm based in RSA, he has overseen the successful delivery of key residential projects.
Mashaba is the owner and director of business enterprises in the fields of power and energy, construction, transportation, health and welfare, information and communication technology, oil, tourism and financial services. Before founding AM Consulting Engineers, he had experience in the construction industry with roles at Wilson Bayly Holmes-Ovcon (WBHO) and V&V Consulting.
Auswell Mashaba has invested R27 million in cash into Limpopo gaming assets, with the transaction completed just five days after Prasa’s initial payment to his company. Furthermore, Auswell and Joyce Mashaba’s company, Clear Bubbles Trading 100, spent RAR8.4 million in cash on a luxury guest house in Waterkloof, Pretoria.
In February 2014, Mashaba’s second company, Avraspark, acquired a fourth plot of land near Hoedspruit for R3 million. In addition, he also invested Rs 12 million through Zetacor Six in April 2014 to buy the fifth plot of land.
Social Media
Social media accounts related to Auswell Mashaba could not be found on any search engine.
Personal life
Auswell Mashaba and Joyce Mashaba have been married for over a decade and their lifelong love story began in college. The couple was blessed with a son named Nsovo Mashaba, who was respected by many people.
Auswell’s wife, Joyce Mashaba, is a South African businesswoman actively involved in business ventures with her husband.
In another context, South African model and socialite Blue Mbombo recently welcomed her first child, a daughter named Marang Zalika Mbombo. Speculation arose as to the identity of the baby’s father, with initial rumors involving a pianist, DJ Sumbody. However, new claims have emerged alleging that Auswell Mashaba, a prosperous businessman in the railways and engineering sectors, is the father of baby Blue. Despite rumors circulating on social media, the former Big Brother Mzansi season two contestant has denied that Auswell Mashaba is the father of her child.
Net value
Auswell Mashaba has a net worth of R70 million (about $3.7 million), making him one of the wealthiest businessmen in South Africa. His success in the construction industry led to many lucrative business deals and his real estate investments were profitable.
Source: https://anhngunewlight.edu.vn
Category: Biography