Peter Malungani South African Millionaire Businessman

Peter Malungani is chairman and founder of the Peu group. Peu has a controlling interest in the financial services, auto, building & civil construction, ICT, property and gaming industries. Malungani serves as a director on the boards of a number of Peu subsidiaries. He is chairman of Phumelela Gaming & Leisure and of Super Group, and is a director on the boards of Investec Ltd, Investec Plc, Investec Bank and Investec Asset Management.

In 1984, after having worked as an accountant with Philips SA from 1978 to 1983, Malungani started Malungani & Associates, a management consultancy. He founded Peu in 1996. He has also served as chairman of the SA Rail Commuter Corporation, as deputy chairman of Capital Alliance Holdings and as chairman of the Gauteng Tender Board finance committee. He has a BCom from Unisa and has completed management programmes at Wits Business School and Wharton.

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