James Ndambo was born in Zambia on 18 April 1954 and is currently based in South Africa. Ndambo who owns Africa Union Financial Services, (AUFS) which is currently undergoing liquidation. On 15 March 2017, Ndambo, who is chairman at Africa Union Holdings, had a meeting with Ambassador of the Republic of Belarus to South Africa, H.E. Mr. Andrei Molchan to discuss the progress of their joint projects. An entrepreneur Ndambo is also actively associated with his NGO "My Home Town", which he began because of his concern for his birth place, Choma town, though a lot of people look at it as an underground political movement. Africa Union Financial Services owned by Ndambo had signed a cooperation agreement with The Democratic Republic of Congo’s (DRC’s) National Satellite Telecommunication Network (Reseau National de Telecommunication par Satellite, Renatelsat) aiming at building better connectivity for its citizens. Sino-Australia Trade Development a Chinese firm is supporting Rainbow purified Water Company limited along with the owner of Africa Union Holdings, Ndambo, who is also the chairman of Rainbow purified Water Company Limited.
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