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Cat Matlala Planned A Luxury Private Terminal At OR Tambo With R70 Million-a-Year Nedbank Talks

January 15, 2026
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Vusimusi “Cat” Matlala, a controversial businessman with interests spanning security, mining and aviation-related services, reportedly planned to develop a luxury private terminal at OR Tambo International Airport, South Africa’s busiest air hub. According to sources familiar with the matter, the ambitious project was positioned as an exclusive facility aimed at high-net-worth individuals, business executives and private jet operators seeking premium, discreet travel services.

The proposed terminal was envisioned to operate separately from the main commercial passenger terminals, offering bespoke amenities such as private lounges, expedited customs and immigration processing, high-end retail spaces and dedicated aircraft hangars. Insiders say the development was intended to elevate South Africa’s private aviation offering to compete with similar elite terminals in global cities such as Dubai, London and New York.

Central to the plan was a significant financing arrangement. Matlala was reportedly in discussions with Nedbank regarding funding estimated at approximately R70 million per year. The funding was expected to support both the construction and operational phases of the project, including infrastructure development, staffing and long-term maintenance. While the talks were said to be advanced, it remains unclear whether a formal agreement was ever concluded.

Industry analysts note that a luxury private terminal at OR Tambo could have attracted increased private aviation traffic, boosted foreign investment and created specialised employment opportunities within the aviation and hospitality sectors. OR Tambo already serves as a strategic gateway to the African continent, and the addition of an exclusive terminal could have strengthened its position as a premium travel destination for corporate and VIP travellers.

However, the project also raised questions around regulatory approvals, airport space allocation and the broader governance of large-scale developments at state-owned infrastructure assets. Any such development would have required authorisation from the Airports Company South Africa (ACSA), as well as compliance with aviation security, customs and environmental regulations.

Neither Nedbank nor ACSA has publicly confirmed details of the reported funding talks or the proposed development. As a result, the status of the luxury terminal project remains uncertain.

Despite the lack of official confirmation, the reports highlight the scale of Matlala’s ambitions and underscore ongoing interest from private investors in developing high-end aviation infrastructure in South Africa. Whether the project will be revived or restructured in the future remains to be seen.

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