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Cops investigate after Sandton businessman shot dead

Basis Points Capital CEO Vusi Mhlanzi was shot in what sources say was a hit, but police say the motive is not yet known.

Vusi Mhlanzi. Picture: Supplied.

JOHANNESBURG – Police have confirmed they are investigating a case of murder after a 41-year-old entrepreneur was shot dead in Sandton last night.

Basis Points Capital CEO Vusi Mhlanzi was shot in what sources say was a hit, but police say the motive is not yet known.

The incident occurred just after 6:30 pm on the corner of Grayston and Katherine streets.

Mhlanzi was driving his convertible Mercedes Benz from his Sandton office to his home in Sandown estate when two gunmen in a silver Audi pulled up next to him.

It’s understood one of the men opened fire, shooting seven times, six of the bullets hit Mhlanzi.

The entrepreneur hit the accelerator and his vehicle crashed into traffic lights and the car burst into flames.

Attempts were made to resuscitate him but he died on the scene. The gunmen drove off towards Alexandra.

Sources say Mhlanzi, who leaves behind a seven-year-old son and five-year-old twins, had received death threats recently and his killing appears to have been a hit.

But police say they don't know at this stage if it was a paid execution.

(Edited by Leeto M Khoza)