Moses Tembe biography: Net worth, wife, Nelli Tembe, investments, age, house, son
Moses Tembe born in 1963 is a multi-millionaire businessman and a philanthropist. His successful business records have spanned almost three decades. He has serve as the leader of several major developments in Kwa-Zulu Natal, including the development of the Point Waterfront, Suncoast, Richards Bay Eco Junction, industrial operations such as Geochem, Elgin Brown and Hamer…
Moses Tembe born in 1963 is a multi-millionaire businessman and a philanthropist. His successful business records have spanned almost three decades.
He has serve as the leader of several major developments in Kwa-Zulu Natal, including the development of the Point Waterfront, Suncoast, Richards Bay Eco Junction, industrial operations such as Geochem, Elgin Brown and Hamer and retail enterprises.
Due to his success, hard work and diligence, he has bagged several awards the Ithala Business Award and Investec Entrepreneur Award.
Moses Tembe despite his riches have maintained a very low-profile. The name of Moses Tembe’s wife is Mrs. Lulu Msomi Tembe (died in 2014).
However, his name is on the lips of a lot of people in recent times following the death of his daughter, Nelli Tembe.
| Full name | Moses Tembe |
| Net worth | $100Million (estimated) |
| Hometown | Northern KwaZulu-Natal area of Jozini |
| Nationality | South African |
| Date of Birth | Born in 1963 |
| Age | 57 (2021) |
| Wife | Mrs. Lulu Msomi Tembe (died in 2014) |
Net worth
Moses Tembe net worth is estimated at over $100million (2020)
As we said earlier, Moses Tembe is a multi-millionaire. He owns several businesses.
According to details gathered on dnb.com, his MOSES TEMBE INVESTMENTS (PTY) LTD alone bags an annual income of $2.45 million in sales (USD).
The main office is located in KWA-ZULU NATAL, South Africa and is part of the Asset Management Industry. MOSES TEMBE INVESTMENTS (PTY) LTD has 17 total employees across all of its locations.
Hometown
Moses Tembe is from Jozini.
Jozini is a settlement in Umkhanyakude District Municipality in the KwaZulu-Natal province of South Africa.
Jozini is a small town on the main route to Mozambique, and it is close to the Jozini or Pongolapoort Dam. Lake Jozini, as the dam is called, has become very popular as a Tiger fishing destination.
Moses Tembe Wife
The name of the wife of Moses Tembe is Mrs. Lulu Msomi Tembe. She is said to have passed away in 2014.
Rumours have it that Nelli died in almost the same manner as her late mother.
No wonder we didn’t see much of her mother at her funeral.
Age
Moses Tembe’s personal records indicate that he is 57 years old (2021). He was born in 1963. But the specific date and month is not known yet.
House
He owns several mansions across South Africa and he loves great taste for luxurious mansions. We understand he has other houses overseas, one of which is in New York — America.
His son-in-law rapper AKA, shared a video of one of his houses.
Check it out below:
One of the houses is situated at the coastal area of South Africa. The house has a pool and a sea near by. So much peace to enjoy when you live here:
Relationship with AKA
Moses Tembe and AKA had a very good relationship. The rapper mostly spent time in their house.
AKA was once captured in a work-out session with his future father-in-law, Moses Tembe.
AKA spent his first Easter with his in-laws. His late fiancé shared an early gym session he had with her father, who beat him in push-ups. Mr Tembe is 57 years old but managed to get the best out of the rapper, which Nelli used to mock her lover.
Below is a photo of them working out:
Awards
Mr Tembe won several awards in the business sector including Ithala Business Award and Investec Entrepreneur Award.
Investments
Moses Tembe’s invesments are:
- Lead Independent Director – Phumelela Gaming & Leisure (org chart)
- He holds shares in Mr Price Partners Share Trust
- MOSES TEMBE INVESTMENTS (PTY) LTD
- Elgin Brown & Hamer (Pty) Ltd, Dynachem (Pty) Ltd
- Santova Logistics (Pty) Ltd
- Durban Infrastructure Development Trust
- Crescendo Venture Capital (Pty) Ltd
Some of his investments are not listed here.
Moses Tembe has also held the following posts:
- Secretary-General of Inyanda (KZN NAFCOC)
- Director at Mazibuye Investments
- President of the Durban Chamber of Commerce and Industry
- Vice-Chairman KZN Business Initiative
- Chairman of the eThekwini Community Foundation and member of the Board of Durban Infrastructure Development Trust.
- African Federated Chamber of Commerce (KZN)
- Former President of Durban Chamber of Commerce and Industry (Board directorship since 2008)
He is also non-executive chairman of the Ubuhle OCS Cleaning Services (Pty) Ltd which was formed in 1998.
He continues to chair the Greater Durban Community Foundation, which continues to drive education forward in Durban through various initiatives.
Tembe remains a well-known and valued chairman and director of a number of businesses in the retail, manufacturing, property, tourism, shipping, marine and engineering sectors.
Education
Moses attained a BA degree from UNISA, majoring in Public Administration and Political Science. He later completed a course in Financial Management under the auspices of the University of Cape Town. Graduated from Caltex Business Management Programme (UCT).
He has served on the boards of various JSE listed companies, including the Mr. Price Group, Santova and Beige Holdings.
Philanthrophy
Tembe has done alot of philanthropic works over the years.
The latest was his contribution during the start of COVID-19 pandemic in South Africa.
He handed over sanitisers, masks and sanitary packs in the Umlazi township on April 09, 2020 in Durban, South Africa. The sanitizers, masks and sanitary packs have been donated by various top businesses to assist the KwaZulu-Natal Provincial Government in its fight against the spread of the Covid-19.
Nelli Tembe
The 22-year-old lady happens to be one of his daughters.
She made headlines after committing suicide by jumping from the 10th floor of the five-star Pepperclub Hotel in central Cape Town.
The sad incident took place in the early mornings of Sunday, 11th April 2021.
She once tried the same thing at Hilton Hotel located in Durban.
Moses Tembe’s tribute on rumours that Nelli was suicidal
A letter from Moses was read out by businessman Sandile Zungu at Nellie’s funeral, who said the letter was a reflection of a “heartbroken father”.
“As Anele’s father, I categorically state that Anele was neither suicidal nor did she commit suicide. We must as a matter of priority deal with the scourge that bedevils our youth. Alcohol which is overused and drugs. Fellow South Africans we better wake up and smell the coffee, we have a serious problem with substance abuse.” he wrote.
“I cannot allow an unfortunate narrative to go unchallenged, a narrative that irks me to no end … that is ‘Anele was chronically suicidal’. All I can say is, until Anele turned 21, not a single member of her family, my family would have associated her with suicide.”
He said Anele’s wish was to fall in love and marry the man who would become the father of her children, adding that they differed on the direction she should take in her life but he stood by her.
Moses said he was happy for her when she introduced him to Kiernan and suggested they go for proper premarital counselling.
“I knew Kiernan loved my daughter but their companionship needed more than love. It had to be premised and embedded on a Godly foundation.”
He said he was proud to be Anele’s father.
“Anele made me happy as a father, very happy. Anele was feisty, strong-willed some might say. She was single-minded in her pursuits, what others would uncritically call stubborn. Anele never minced her words, an attribute that would perturb her siblings, which she balanced by giving her absolute best to those around her.”
“In my deepest desire that my girl live to be who she wanted to be, I nurtured these Anele traits. For I truly believed that she had needed guidance rather than repression, persuasion rather than brute force,” he said.
Check out pictures from Nelli Tembe’s funeral.
Statement on Nelli’s death
Statement from the Tembe and Forbes families, in regards to the untimely passing of Anele Tembe
It is with the deepest regret that we, the Tembe and Forbes families, confirm the untimely passing of our beloved fiancé, daughter, sister and daughter-in-law, Anele Tembe (22).
Anele tragically passed on in the early hours of this morning, Sunday 11 April 2021.
We are still in shock and are dealing with our emotions, as she was an exceptional and gifted young woman, with so much life ahead of her.
She had a sweet nature about her and was always nurturing to those around her.
Her fiancé, Kiernan Forbes, is currently inconsolable and is surrounded by family and closest friends.
At this hour of our grief, we humbly request that our families be given privacy and time to heal.
Tembe’s resignation As Gold Circle Director
In 2018, Mr. Tembe resigned as the Director of the above mentioned company.
A report carried by SportingPost reads, Gold Circle advises Members of the resignation of Mr Moses Tembe as a Director and Vice Chairman of Gold Circle and a Director of the Gold Circle Racing Club.
The company has expressed its appreciation for the considerable contributions made by Mr Tembe over the last few years.
Mr Tembe will not be lost to the industry as he has recently been appointed to the Board of Phumelela Gaming and Leisure as Lead Independent Director.
As Mr Tembe’s resignation was received after the commencement of the director ballot process, the appointment of a director to fill the vacancy will be considered by the Board of the Gold Circle Racing Club at its meeting to be held on 6 December 2018 to ensure the participation of new directors elected at the Annual General Meeting which will be held on 4 December 2018 at 17:30 in the Classic Room, Greyville Racecourse, 150 Avondale Road, Durban.
