Sakhumnotho Group Holdings (Pty) Ltd was founded in late 2000 by a group of four black professionals with experience and expertise in financial services, legal services, merchant and investment banking. At inception, the company focused on corporate advisory services and consulting.
The focus was on structuring black economic empowerment transactions, conducting valuations, due diligence, capital raising, and documentation.
From 2004 the company changed its focus from being an advisory services firm to being a diversified investment holding company with interest in financial services, mining, property, oil and gas, education, surveillance, security systems, ICT and other strategic investments.
MISSION AND VISION
Sakhumnotho’s mission is to identify investment opportunities with strong s hort-term revenue generation and long-term capital appreciation.
The company aims to achieve authentic broad based empowerment objectives through its transactions, as such it participates in a number of joint ventures with like-minded consortium partners.
This approach ensures access by smaller players to larger scale transactions. In addition to driving core business imperatives, Sakhumnotho Group focuses on the advancement of previously disadvantaged individuals and the support of black business through the transfer of skills.
Sakhumnotho Group has vast networks with various business associates, public sector institutions, private sector companies – locally and internationally. The company also has a specific interest in advancing intra-Africa trade and continuous flow of resources on the continent.
The company’s vision is to build a world class Pan-African Investment Holding company and to contribute to the development of South Africa, Africa and the world.
Year founded: 2000
Founding members: Sipho Mseleku
5 Top brands: Sakhumnotho Media, Sakhumnotho Property, Global Business School of Entrepreneurship, Sakhumnotho Logistics, Oil of Africa
BUSINESS & FINANCE
Financial year-end: June
Subsidiaries: Sakhumnotho Media, Sakhumnotho Property, Global Business School of Entrepreneurship, Sakhumnotho Logistics, Oil of Africa, Sakhumnotho Pumps, Sakhumnotho Oil & Gas
Holding company: Sakhumnotho Group Holdings
Auditors: Vincent Laubscher and Associates
85 Central Street,
PO Box 859, Melrose
Telephone: 011 242 8000
MR. SIPHO MSELEKU
Executive Chairman: Mr. Sipho Mseleku
COO: Mr. Ronnie Mulaudzi
Marketing & Communications Manager: Mr. Thabang Nkosi
Human Resources Manager: Ms. Alice Mothiba
CORPORATE SOCIAL INVESTMENT
■ Incubates the Global Business Roundtable (GBR) and the Global Fund for Jesus (GFFJ)
■ Through GBR and GFFJ various programmes are run, aimed at the holistic development of individuals
■ Invests in entrepreneurship education through the GBSE
■ Advance worthy causes on socioeconomic development at community and national levels