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Moses Tembe

Moses Tembe is the chairman of Bellamont Investments

Moses Tembe

Moses Tembe, chairman of Bellamont Investments, attributes much of his success to a belief in the power of community impact and a sincere dedication to God, family, and his fellow citizens. In a world often dominated by profit-driven motives, Moses stands out as an entrepreneur guided by the principles of service and giving back.

Moses’s career journey is rooted in humble beginnings. After matriculating from Menzi High School in Umlazi in 1979, he pursued a bachelor’s in public administration and political science at the University of South Africa, followed by a course in financial management, which was managed by the University of Cape Town.

Whilst studying, Moses worked as a Clerk of the Court from 1980 to 1983. He then moved to the KwaZulu Development Corporation and became the chief credit controller.

DIVERSIFIED APPROACH
In 1990, Moses took the leap into full-time entrepreneurship, a decision that would eventually lead him to found Bellamont Investments and the Bellamont Group of Companies. This group, built on six pillars – Property Development and Construction (Afrostructures), Industrial Holdings includes Geochem brand and IFS facilities management, Energy and Telecommunications, Mining, Gaming, and Asset Management – has managed to thrive even in tough economic times.

Moses’s diversified approach with Bellamont has allowed his businesses to weather economic downturns and industry-specific challenges. However, he reflects on this approach with mixed feelings. “I sometimes regret that I never had the courage and ambition to focus on one industry and make a big name of it,” he admits. With this hindsight, he now advises young entrepreneurs to stay committed to their mission and to avoid becoming overly distracted by diversification. He added that it is important to have the courage and belief to pursue big dreams. He says, “Accept no limits and maintain a forward-thinking mentality, hard work, service to mankind and godliness constitute a bedrock upon which sustainable success must be built.”

In addition, Moses acknowledges that the path he has chosen is not without its challenges, particularly the balancing act of being a capitalist “without real capital”. He notes, “One would have accomplished more if financial institutions focused more on the opportunity and its viability and less on balance sheets and equity.” For Moses, access to finance and capital is a challenge that emerging entrepreneurs continue to face, as these remain a significant barrier in South Africa. Moses believes passionately that a change in the financial landscape is critical for budding entrepreneurs to achieve their potential.

GIVING BACK
Throughout his career, Moses has prioritised giving back to his community, practising what he calls his “80/20 principle” – 80% work and 20% time invested in improving the environment in which he operates. His extensive record of pro-bono service is a testament to this commitment. Moses has served in numerous roles, including secretary general of KwaZulu-Natal NAFCOC, president of the Durban Chamber of Commerce and Industry, and board member of the South African Chamber of Commerce United Kingdom and of the KZN National Business Initiative. Additionally, he currently co-chairs the KZN Growth Coalition, a partnership dedicated to fostering economic growth and development in the region. Further, his contributions to initiatives like the Durban Infrastructure Development Trust and the eThekwini Greater Foundation reflect a commitment to not only growing businesses but also nurturing communities. This is especially relevant in KwaZulu- Natal, the province to which he is personally committed. Moses envisions a KwaZulu-Natal that is “all-round successful”, and he is determined to work with various stakeholders to see this vision realised.

INSPIRING OTHERS
Moses’s approach is undoubtedly shaped by his faith, which he regards as an essential component of his personal and professional philosophy. “Proverbs and Psalms remain the major inspirational sword I use to conquer,” he says, finding solace and strength in the teachings that emphasise hard work, humility, and kindness. For Moses, success is not simply about wealth or recognition but about building a legacy rooted in values that inspire others to uplift themselves and their communities.

His message to fellow entrepreneurs and leaders is profound. He says, “The more you make service to people your primary business, the more likely you will be noticed, and opportunities will come to you.” This belief is embedded in his core values, evident in the ways he has managed his businesses, approached new opportunities, and interacted with the communities he serves. It is a philosophy that recognises the importance of each individual’s role in contributing to the larger society, a vision that Moses has diligently worked toward through his many leadership roles and business ventures.

This philosophy has also opened numerous doors for him and allowed him to build lasting relationships across industries. In the past, he has had the opportunity of serving on listed companies in the capacity of chairperson of Phumelela Gaming and as board member for KZN Tsogo Sun, Mr Price and Santova Logistics.

In summary, Moses exemplifies a form of entrepreneurship that is seldom seen but greatly needed. By leveraging his resources and net- works, he continues to make a difference in KZN and beyond. He remains steadfast in his pursuit of a prosperous and equitable South Africa, setting an example for future generations. His story reminds us that when business and service intersect, not only does an entrepreneur thrive, but so too does the community around him.

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