# Solly Soka Madibela

> Solomon Soka Madibela (known as "MySol") is a South African mining entrepreneur, philanthropist, and founder of MySol Holdings & Logistics.

Business profile published by Townpress Newspaper at https://townpress.co.za/people/?bb_profile=solly-soka-madibela. Last updated 2026-10-16.

## At a glance

- Role: Founder, Chief Executive Officer & Mining Magnate
- Company: MySol Holdings & Logistics
- Sector: Mining & resources
- Ownership: Private
- Born: May 9 1982, North West, South Africa
- Based: Rustenburg, North West Province, South Africa
- Education: No Qualification Record
- Est. net worth: R200m+ (est.)

## Biography

Born in Brits in the North West Province, Solomon "Solly" Soka Madibela—popularly known by his business moniker "MySol"—spent over three decades gaining deep, practical experience inside South Africa's mining sector. Starting from the ground up, he leveraged his operational knowledge of open-cast mining and logistics to build his own independent contracting business.

In 2018, Madibela founded MySol Holdings & Logistics in Rustenburg. Initially starting as a small operation with around 38 employees relying primarily on rented heavy machinery, he spearheaded a rapid expansion strategy. Under his leadership, MySol Holdings transformed into a Level 1 B-BBEE certified mining contractor operating a massive owned fleet of Volvo excavators, wheel loaders, and heavy haulage equipment. The company extracts up to 200,000 tonnes of chrome per month and employs approximately 2,500 people across its operations.

Beyond his industrial operations, Madibela has become a high-profile figure and social media personality in South Africa, recognized for his entrepreneurial success, high-end automotive collections, and philanthropic initiatives through the MySol Foundation.

## Career timeline

- 1990s–2010s: Accumulated over 30 years of hands-on experience in open-cast mining operations
- 2018: Founded MySol Holdings & Logistics with a team of 38 workers
- 2022: Scaled operations to major contract status with Samancor Chrome and local producers
- 2024: Expanded company workforce to over 2,500 employees
- 2025: Acquired major heavy equipment fleet additions (40+ yellow machines) to drive chrome production

## Companies and board roles

- MySol Holdings & Logistics — Founder & Chief Executive Officer
- MySol Foundation — Founder & Trustee

## Awards and recognition

- 2022 — Recognized for supplier transformation leadership by Samancor Chrome
- 2025 — Highlighted by Volvo Construction Equipment as a key black-owned mining growth story in Africa

## In their words

> "Business is for those who have what it takes."

## In the news

- [He started checking diesel. Now he runs eight SA mining sites](https://townpress.co.za/he-started-checking-diesel-now-he-runs-eight-sa-mining-sites/) (16 Oct 2026)