BTMT Capital CEO recognised for outstanding achievement by Forbes
Finance publication Forbes has recognised Chief Executive of financial advisory firm BTMT Capital Busisiwe Mdletshe for her extraordinary road from a life of limited means to remarkable success in the world of business.
Mdletshe is the eldest of eight siblings in a rural family from Durban, and grew up in relative poverty. According to Mdletshe, her circumstances never occupied a central role in her psyche. “I only realised when I was at high school that actually I was from a poor background,” she said.
Through commitment and dedication to her education, and with financial support from her husband, Mdlethse has now established a successful financial advisory firm with an illustrious roster of clients, including the likes of Investec, Nedbank, Discovery and Arkein Capital Partners, among several others.
Her accounting experience began during an articleship at Big Four accounting and advisory firm PwC, and she has applied those skills to achieving success in the entrepreneurial space, BTMT Capital offers a broad range of services, spanning the broad areas of accounting, consulting and bookkeeping, among others.
“We prepare financial statements for our clients, budgeting, recommend effective internal controls, improve and maintain their tax compliance status, and research on tax developments. We enable our clients to realise their financial goals,” she said.
Despite having amassed an illustrious roster of clients, Mdletshe’s firm has also been engaged with South Africa’s budding small and medium enterprise sector, offering financial support where required.
“I realized that some small businesses evaded tax because of lack of understanding compliance matters. They needed support on running their businesses professionally. I then started my own practice with the intention of helping them comply.” Tax compliance is a particularly relevant issue across South Africa at present, with regular changes form the South African Revenue Service (SARS) sending many businesses into uncertainty.
Mdletshe is also aware of the need for innovation and entrepreneurship in South Africa’s market, and has done her bit to contribute to the country’s development therein. The BusiM Foundation is a nonprofit entity setup by Mdletshe to financially support promising students. “I cannot wait to see myself experiencing technologically advanced systems developed by our own South African youth,” she said.
