After meeting with Malusi Mthuli, president of the South African Institute of Valuers (SAIV), towards the end of last year, we caught up with him more recently at first-year orientation week at Wits University. he outlined for us the importance of the SAIV as well as the opportunities that the valuations industry can offer as a career path.
Hailing from a small rural town – Jolivet in KwaZulu-Natal – Malusi Mthuli attended a local farm school. He excelled in his studies and achieved high matric grades – enough to get accepted for the Actuarial Science course at Wits. However, his time at the university was short-lived. Financial constraints meant that he had to seek employment and find a way to study at the same time, which proved impossible, and he had to drop out.
Fortunately, the eThekwini Municipality accepted candidates who held senior matric certificates, and Mthuli joined the municipality in 2003 as a trainee valuer. The municipality required him to be registered with an educational institution, so he enrolled with UNISA, where he obtained a diploma in real estate. “I’ve been studying constantly since then, and qualified with a BCom Honours through the University of Johannesburg,” he says. “I then completed a postgraduate diploma and MBA via Nelson Mandela University Business School.”
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