The title of Porter Gale’s bestseller says it best: “Your network is your net worth.” Apart from its unparalleled business savvy and proven capability to catapult businesses to the next level of growth, there is one main reason why Akhona Group (Pty) Ltd should be your investment partner of choice.

That reason is an attribute that its founder Ms. Noluthando Gosa has become celebrated for: an unmatched capability to unlock the hidden power of connections. Connections that she has developed over many years, while she played leading roles in major initiatives in both the private business and public sectors.

Ms. Noluthando Gosa: a female business force to be reckoned with


Master of Business Administration (MBA), the University of New Brunswick in Canada,

Graduate Diploma in Business Administration, Wilfrid Laurier University, Ontario, Canada

BA Communication (Hons), Fort Hare University



Professional highlights


Gaining financial savvy at Investec Bank

Armed with an MBA from a top Canadian University, as well as international exposure, Ms. Gosa joined the iconic South African founded and now global investment bank, Investec Bank in 2000, as a sell side analyst.

Within less than a year, her clients in the fund management industry rated her amongst the top in her sector of coverage: telecommunications. She still credits the entrepreneurial culture of Investec Bank for unleashing her own entrepreneurship journey which she embarked on in 2003 and never looked back.


The founding of SA’s first telecommunications regulatory authority

Ms. Gosa was a founder member of the first telecommunications regulatory authority in SA, previously called the South African Telecommunication Regulatory Authority (SATRA), now known as the Independent Communications Authority of South Africa (ICASA) following a merger with the then Broadcasting Regulator, the IBA.

She was instrumental in the merger of the two to form ICASA. She credits the experience of helping to establish this authority for providing her with invaluable experience in organisational start-ups. An experience that naturally came in handy in the start-up phase of Akhona Group.


Drafting the NDP: South Africa’s vision for 2030

Ms. Gosa was one of the Commissioners of the first National Planning Commission that drafted the National Development Plan – South Africa’s master plan to economic growth and Vision 2030. The Commission was made up of what is still regarded as an “A-Team” of some of South Africa’s greatest minds, comprising leading academics and business experts.

At the time, former SA Finance Minister and later Minister in the Presidency, Trevor Manuel, was the Chairman, and the State President (then a top businessman) Cyril Ramaphosa, was the Deputy Chairman.


Serving as a board member on multiple boards

Ms. Gosa has extensive experience of governance, having served as, or in some instances still serving as a member of a multitude of boards of best-of-breed organisations such as AON SA, Broll Property Group, SABC, Investec Asset Management, JSE listed Verimark Holdings, ArcelorMittal South Africa and Hulisani Holdings.

She also sits on the Advisory Board of the Mining Indaba, as well as the Board of the Southern Africa-Canada Chamber of Commerce. In addition, in May 2018, Ms. Gosa was appointed as Chairman of the JSE-listed Verimark SA. She is furthermore a long-standing member of the Institute of Directors of SA.


Fulfilling leading roles in the public sector

In addition to serving on the National Planning Commission, as well as being one of the founding members of SA’s first telecommunication regulatory authority, Ms. Gosa’s public sector experience includes serving as an Investment Committee Member of the National Empowerment Fund, as well as Chairperson of the Gauteng Liquor Board. She regards her public sector stint as necessary public service that we all owe our country.


Winner or nominee of multiple business accolades and awards

A long-standing member of the Institute of Directors of SA, Ms. Gosa has been a recipient of a number of awards, including: an award from the Association of Black Securities and Investments Professionals (ABSIP); the Black Management Forum’s Gauteng Branch; a nomination for the Most Influential Women of SA Awards, as well as first runner-up of the Women’s Property Network.

Benefits of an investment partnership with Akhona Group in a nutshell
  • A sterling track record of closing complex business deals.

Over the years, Akhona Group has structured deals that secured stakes in the likes of Broll Property Group, Vukile Property Fund, Kellogg, Brown and Roots (KBR) and ArcelorMittal. Read more about Akhona’s deals in the Akhona Story. (Create internal link to the Akhona Story page)


  • Strong relationships in the private and public sectors.

Akhona Group’s Executive Chairperson, Ms. Noluthando Gosa, was one of the founder members of SA’s first telecommunications regulatory authority. Plus she was one of the Commissioners responsible for South Africa’s National Development Plan: A Vision for 2030, which was formerly chaired by Trevor Manuel and now by President Cyril Ramophosa.


  • A healthy pipeline of new opportunities

Akhona group is already in various advanced stages of transactions to conclude new deals with a number of companies in the industrials, energy and logistics sectors. To stay in the loop of any new developments, as and when the news breaks, simply subscribe to our newsletter. (Create internal link to newsletter subscription page)


  • An investment philosophy that creates value for all stakeholders

Akhona Group is in the unique position to leverage influential relationships and networks of connections through its investee companies as well as its Executive Chairperson’s previous or current membership on boards of leading organisations such as Investec Asset Management; AON SA; Broll Property Group; Verimark Holdings; and ArcelorMittal SA, to name but a few.


  • Long-term commitment

Akhona Group is in it for the long haul and typically enters into long-term agreements with its investee companies. The only exceptions to this, will be when all stakeholders agree on seizing opportunities that will unlock optimal value for all.


  • Solid operational and development capabilities

Akhona Group’s team is qualified, ready and able to get involved on any level that is necessary to take an investee company to the next level of growth. For example, as a shareholder of ArcelorMittal, Akhona Group subsidiary, Akhona Resources, through its stake in Likamva Resources, played a critical role in assisting ArcelorMittal management in obtaining government protection measures like import tariffs to protect the business from Chinese steel dumping. Likamva Resources consortium also assists ArcelorMittal SA management in securing contracts for supply of steel to large private sector and infrastructure projects.