Parent company
Mvelaphanda Holdings (Proprietary) Limited is the parent
company of Mvelaphanda Group, owning in excess of 51% of
the shares in Mvelaphanda Group.
Mvelaphanda Holdings was founded in 1998 by Tokyo Sexwale,
and is a private company. Mvelaphanda Holdings has a diverse
shareholder base which is over 90% black, including South Africans
who have never held shares before and also has a participation
plan with smaller black- owned enterprises, which enables it to contribute to a constituency previously excluded from the business sector in South Africa.
Mvelaphanda Holdings pursues an inclusive philosophy towards empowerment and believes that community participation and the participation of other BEE groups is critical to its future success.
|