“THE RICHEST PEOPLE IN THE WORLD LOOK FOR AND BUILD NETWORKS, EVERYONE ELSE LOOKS FOR WORK.” – ROBERT KYIOSAKI, FOUNDER OF THE RICH DAD COMPANY

Having earned the respect and trust of key influencers and decisionmakers in both the public and private/commercial sectors, Akhona Group (Pty) Ltd’s Executive Chairperson, Ms. Noluthando Gosa, has an unrivalled reputation for spearheading flagship BEE investment initiatives and realising complex acquisition deals.

 

She is driven by a firm view that those who have been fortunate enough to acquire skills and gain extensive corporate experience, have an obligation to expand and create jobs for those who were not so fortunate.

 

Akhona Group (Pty) Ltd is currently pursuing and is open to exploring investment partnerships to seize the myriad of opportunities for growth that exist in the property, logistics and industrial sectors locally and internationally, and for accelerated expansion of its portfolio.

 

Below is a summary of companies that have, over time been affiliates with Akhona Group (Pty) Ltd of companies

Date of establishment:                                                      2004

Company focus:

Akhona Broll offers a turnkey property management solution to a league of blue-chip organisations, with a current property portfolio of more than R1.5 billion. Some of its clients include: the Public Investment Corporation (SOC) Ltd, Pareto, the Johannesburg Development Agency (JDA).

Date of acquisition:                                            2004

Company focus:

Vukile is a JSE-listed Real Estate Investment Trust (REIT) company that secures sustainable growth through direct and indirect ownership in a diversified portfolio of properties that are spread across Southern Africa, the UK and Spain. The company also holds a secondary listing on the Namibian stock exchange.

Date of acquisition:                                            2007

Company focus:

Broll Property Group is a leading African commercial property services company with offices that are strategically located across South Africa, as well as an established network of operations in a multitude of African countries. The company is also affiliated to CBRE Group, Inc, the largest commercial real estate services and investment firm in the world.

Date of acquisition:                                            2011

Company focus:

KBR, a former subsidiary of the Texas-based Halliburton, is an international service provider of professional services and technologies to hydrocarbons and government services sectors in 75 different countries. The company has established operations in 40 countries and employs approximately 34,000 people.

Date of establishment:                                                      2016

Company focus:

Akhona Resources is the main shareholder in Likamva Resources, a wholly black owned industrial consortium that predominantly consists of black women.

Date of acquisition:                                            2016

Company focus:

Likamva Resources is a wholly black-owned consortium, with the majority of its shareholders being black women, which is a first for any major industrial company in South Africa. Most of its shareholders furthermore comprise business leaders and black industrialists who are involved in the engineering, construction, energy, environmental and automotive sectors. The consortium is most known for its flagship acquisition deal, which secured a 17% stake in ArcelorMittal.

Date of acquisition:                                            2016

Company focus:

ArcelorMittal is a global leader in steel production and ArcelorMittal South Africa is the largest steel producer in Africa, with a production capacity of7 million tonnes of liquid steel per annum, in a normal year. The company has five main plants in South Africa, namely Vanderbijlpark Works, Vereeniging Works, Saldanha Works, Newcastle Works and Coke and Chemicals. 61% of its steel is supplied to SA, and the rest is exported to Sub-Saharan Africa and other countries

Date of acquisition:                                            2017

Company focus:

LESCO is a light electrical manufacturer that was established in 1999 and now has several assembly facilities in Johannesburg. Its mission is to produce low-cost, high quality and safe electrical goods, while improving the lives of marginalised communities. The entity has recently become BEE compliant, with 33% black ownership. All its facilities are SABS quality approved and it has passed the Sedex Members Ethical Trade Audit (SMETA) to comply with the country’s highest ethical trading standards.