Old Mutual Group Old Mutual On The Money

Lehlohonolo Mofokeng on legacy, shared knowledge, and preparing your family for the future

Loading player...
Building something for your family is meaningful but making sure it lasts beyond your lifetime takes planning and intent.

In this episode of On the Money, entrepreneur Lehlohonolo Mofokeng joins Old Mutual’s Financial Education Programme Manager, Thabo Hollo, to unpack why so many South African family businesses and income streams collapse when the person who built them is no longer there to lead.

From corner shops where only one person knew the ropes to households where financial decisions live with a single parent, Lehlohonolo reflects on the power of sharing knowledge early so the next generation can continue what you’ve started. It’s a practical, honest look at what legacy really requires.

Thanks for listening! Interested in getting more financial education? Visit our website for free resources. You can follow us on X, Facebook, Instagram, TikTok, and YouTube.
Chapters
  • 00:00 Introduction: Welcome to Old Mutual On The Money.
  • 00:41 Lehlohonolo’s Background & Entrepreneurial Roots.
  • 02:10 Family Influence on Entrepreneurship.
  • 03:21 Growing Up Around Business.
  • 05:21 Early Money Lessons & Street Cred.
  • 07:07 Respecting Money & Saving Habits.
  • 09:35 The Importance of Saving (COVID Lessons).
  • 10:00 Township Economy – Opportunities & Growth.
  • 12:38 Legacy & Continuity in Business.
  • 14:53 Diversifying Beyond Township Businesses.
  • 18:42 Lessons from COVID & Thinking Outside the Box.
  • 21:17 Debt Management – Negotiation & Recovery.
  • 24:18 Insurance Awareness in Township Businesses.
  • 28:24 Teaching the Next Generation About Money.
  • 30:30 Mutla Holdings – Rebuilding & New Ventures.
  • 33:54 Scaling Up & Serving Different Markets.
  • 34:11 Closing Thoughts & Key Takeaways.
9 Dec 2025 English South Africa Education

Other recent episodes

Polygamist Musa Mseleku on Balancing Family and Finances

Join Mr. Musa Mseleku and Old Mutual’s Head of Financial Education, John Manyike, as they talk about finances and family. From how Mr. Musa Mseleku learnt to handle money, taking care of his growing family, his streams of income, and protecting his loved ones' future. Listen to this candid podcast…
7 Sep 2022 41 min

What You Need to Know about Debt Collection

There are a few calls we can look forward to in our day but calls from debt collectors don’t make the favourites list. Our Head of Financial Education, John Manyike, sat down with lawyer and debt expert Timmy van der Grijp as he shares some useful facts and information around…
21 Nov 2022 41 min

Kwesta and Sibu Mabena Discuss Finances & the Relationship between Artists and Managers

South African rapper and songwriter Kwesta, and his manager, Sibu Mabena, chatted with Head of Financial Education John Manyike about their relationship as artist and manager. Catch this candid discussion about the music and money, learning curves coupled with industry wins and lessons. Thanks for listening! Interested in getting more…
21 Sep 2022 43 min
All episodes