The Grindrod Board announced the appointment of Kwazi Mabaso as CEO starting from 1 December 2025.
He succeeds Xolani Mbambo, who join Kumba Iron Ore as CFO and executive director on 1 January 2026.
Grindrod conducted a rigorous multi-faceted search process, supported by a leading independent executive search team, to appoint a CEO who will lead Grindrod into its next phase of growth, and drive forward Grindrod’s strategy of delivering efficient, cost-effective integrated logistics solutions tailored to our customers’ needs.
Kwazi is currently serving as CEO of Grindrod Terminals, a strategically material segment of Grindrod’s business, overseeing operations across sub-Saharan Africa. He brings with him a wealth of expertise in overseeing large-scale projects and offers a global perspective informed by deep engagement within African markets. He possesses extensive experience in cross-border leadership and stakeholder management and has established an exemplary track record in driving strategy, operational effectiveness, and transformation. Kwazi has been central to the finalisation and execution of the large strategic mergers and acquisitions transactions concluded this year in line with Grindrod’s growth strategy.
Kwazi has over 24 years’ experience in various sectors, including mining, FMCG, railway and maritime logistics, and is a seasoned business leader. He holds a Bachelor of Science (Engineering) degree and a postgraduate diploma in Business Administration. Prior to joining Grindrod, he spent a decade at Transnet, where he held several senior roles which included executive management of the Richards Bay Terminals and leadership positions across NATCOR, Durban Container Terminal, Manganese Corridor, and the North-East Corridor.
Board chairperson, Cheryl Carolus, commented “The Board is pleased to announce the appointment of Kwazi Mabaso as CEO. Grindrod, under Kwazi’s leadership, will continue to pursue substantive growth through the alignment of our operations with our mission and strategic direction, capitalising on recent achievements. Our commitment to promoting growth, generating opportunity, and supporting positive change remains unwavering”.

