About us
Biography
Mkululi Mthetheleli Mbali is the founder and Business Leader of MMFAS Chartered Accountants and Auditors Inc. (“hereinafter referred to as MMFAS”). He’s from eGqeberha, the former Port Elizabeth and was born and bred in one of the townships of the city. He comes from humble beginnings being raised by a single mother and the middle of 9 siblings.
He did not know how his mother managed to make it work but somehow, she did. Growing up in that environment of striving instilled in him a strong and moral desire and obligation to work hard for his family and mother. Hence, he ended up being a person who is humble, can relate to other people’s pain and suffering and who also has compassion and love for his fellow human beings. That also got further translated to him being someone that works to serve everyone that he comes or has come to work for and with.
He never knew what he would be in life but all he knew was that he wanted to travel the world. After passing his Matric in one of the township High Schools he had the privilege of being enrolled at former Vista University through government assistance to study B. Com in Business Management and Economics. Having not done Accounting in High School and as it was one of the compulsory first-year courses, he was challenged by it and as a result he struggled with it.
That struggle challenged his resolve however and he loved and accepted the challenge leading it to him changing his major to Accounting in his second year. From there, he went on to finish his degree in Accounting in 3 years becoming the first child of the 9 siblings to graduate in his family in 2005. In 2009 he registered the company as a close corporation but did not operate it until 2017 when it was converted into an incorporated and started to fully operate. The company has been in operation ever since assisting and providing businesses with competent business solutions and services while going above and beyond for its clients
History
The company has been providing these services to a community of individuals, small and medium, large business enterprises and government institutions in need of competent and essential financial business solutions.
The various businesses operating in all different economic sectors that are serviced by the company assist the company even further in broadening its technical knowledge and business acumen to best serve its current and future clients in a more competent manner that addresses their respective needs thereby growing the company’s business as well as its clients’ businesses.
The management of the company’s business comprises of people who all have business backgrounds, hardworking and committed to the success and future growth of the company.
This forms the backbone and serves as the strength of the company to not only work towards achieving its set objectives but to also add good and tangible value to its clients’ businesses to improve on their success which invariably contributes to the success of the company itself.
Broader business of the company
The company is a consulting enterprise where professional accounting, financial management, internal audit, taxation, training, risk management and other business solutions are provided to the broader spectrum of clients that can be competently served. MMFAS has a long-term strategic goal of growing and expanding its operations to other regions in which it currently does not have a presence in its growth strategy.
The main requisite for the achievement of this objective of being able to completely manage and sustain competently its operations in those regions is that a feasibility study be performed before large operational commitments are made. The company will achieve its objective and goal because of its strong-willed, committed and passionate executive management team, vast experience within itself and due to the vast market opportunities, that are available and still to be tapped by it.
Failure of a number of small and medium businesses in South Africa could be downright attributed to a lack of innovative and modern business solutions and advisory services or the poor application thereof
MMFAS provide some of these solutions to its clients which then creates a niche for MMFAS’ business in this context.
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