Hamilton Ndlovu is a name that has recently been in the headlines of many South African news outlets. The flashy businessman, who made his fortune in the car industry, has been accused of irregularly securing tenders worth millions of rand for personal protective equipment (PPE) during the COVID-19 pandemic. Let’s take a closer look at his life, career, and recent controversies.
Wiki
Hamilton Ndlovu was born in South Africa and grew up in a township in the east of Johannesburg. Not much is known about his early life or education, but he has been described as a self-made millionaire who started his business from scratch.
Career
Hamilton Ndlovu is the founder and CEO of Hamilton Holdings, a company that deals in luxury cars. His business specializes in high-end vehicles, such as Lamborghinis, Ferraris, and Bentleys, and has gained a reputation for selling to South Africa’s rich and famous. Ndlovu’s success in the car industry has earned him the nickname “Mr. Rolls-Royce.”
Age
There is no public information available about Hamilton Ndlovu’s age.
Relationship
Hamilton Ndlovu is married and has children, but there is little information available about his personal life.
Net Worth
Hamilton Ndlovu’s net worth is estimated to be around R600 million ($40 million).
Career Controversies
Hamilton Ndlovu made headlines in early 2021 when it was alleged that his company, Hamilton Holdings, had secured irregular tenders for PPE worth R170 million ($11.4 million) from the Gauteng Department of Health. It was reported that the company had inflated prices and submitted fake tax certificates to win the contracts. Ndlovu denied any wrongdoing and said that his company had delivered the PPE as required.
The allegations sparked a public outcry, and the Gauteng Provincial Government launched an investigation. In November 2021, the Special Investigating Unit (SIU) confirmed that Hamilton Holdings had irregularly secured tenders worth R171 million ($11.5 million) for PPE. The SIU recommended that the contracts be cancelled and that the company be held liable for damages. Hamilton Ndlovu has since been placed under provisional sequestration, and his assets have been frozen.
In addition to the PPE tender scandal, Hamilton Ndlovu has also faced allegations of tax evasion. In 2020, the South African Revenue Service (SARS) launched an investigation into his company’s tax affairs. It was reported that Ndlovu owed over R30 million ($2 million) in taxes. The case is still ongoing.
FAQ
What is Hamilton Ndlovu’s net worth?
Hamilton Ndlovu’s net worth is estimated to be around R600 million ($40 million).
What is Hamilton Ndlovu’s company?
Hamilton Ndlovu is the founder and CEO of Hamilton Holdings, a company that deals in luxury cars.
What are the allegations against Hamilton Ndlovu?
Hamilton Ndlovu has been accused of irregularly securing tenders worth millions of rand for personal protective equipment (PPE) during the COVID-19 pandemic, as well as tax evasion.
Facts
- Hamilton Ndlovu is known for his love of luxury cars, particularly Rolls-Royces.
- Ndlovu has been linked to several high-profile clients, including politicians and celebrities.
- The PPE tender scandal involving Hamilton Ndlovu was part of a wider corruption scandal in South Africa related to COVID-19 relief funds.