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Revision as of 03:14, 31 May 2024

Afrirent Holdings
Company typePrivate
Afrirent Fleet (since 2003)
IndustryInvestment
Founded2017; 7 years ago (2017)
FounderSenzo Tsabedze
HeadquartersSouth Africa
Key people
Senzo Tsabedze, Thenjiwe Tsabedze
ServicesFleet management, logistics, hospitality
Number of employees
751

Afrirent Holdings is a South African investment company that was founded by Senzo Tsabedze[1][2][3]

Background

Afrirent Holdings was founded in 2017 as a holding company for Afrirent Fleet.[4][5] Afrirent Fleet formerly Indalo Fleet Solutions was founded in 2003 becoming the first black owned fleet management company in South African history.[6] Afrirent Holdings has several other subsidiaries in logistics,[7] technology,[8] car rental[9] hospitality[10][11] and other complementary industries.

Member companies

Companies that make up Afrirent Holdings include but are not limited to:

Afrirent Mobility

  • Afrirent Fleet Management[12][5]
  • Afrirent Refurb
  • Afrirent Logistics
  • Sobantu Rent-to-Own[13][14][15]
  • Afritracker[16]
  • Afrirent Logistics

Afrirent Enviro

Indalo Hotels and leisure

  • Skukuza Golf Club[17][18][19]
  • Ba-phalaborwa Golf and Spa
  • Fountains Hotel

Afrirent Gaming International

Afrirent Energy

Afrirent Holdings was accused of using political influence[20] in procuring a R1.2 billion contract with the City of Johannesburg for Afrirent Fleet Pty Ltd in 2018, according to a media report.[21][22] Following media allegations, the City of Johannesburg started a forensic inquiry to ascertain the veracity of the corruption claims.[23] The City of Johannesburg exonerated the company[24][25] after the investigation revealed that the allegations of corruption could not be supported.[26][27][28]

Corporate Social Investment

Afrirent Holdings actively participates in Corporate Social Investment through several projects in collaboration with other organisations and in 2022 Afrirent Holdings in association with Global Roofing Solutions and the Hicks-Roche, Brown/Moyes and Gibson families funded a “Raise the Roof” roofing initiative with the Uplands Outreach programme.

References

  1. ^ Writer, Guest (January 6, 2023). "Post-Apartheid Entrepreneurs". www.africa.com.
  2. ^ "How Afrirent delivered R1 Billion in contracts since 2018". January 5, 2023.
  3. ^ REPORTER, BG (March 15, 2023). "African fleet management companies can position themselves for success and growth". Guardian Sun.
  4. ^ Exclusive, Malawi (December 22, 2022). "Top fleet management companies in Africa".
  5. ^ a b Business, South African (January 12, 2023). "A look into Afrirent's CCBSA project | South African Business". {{cite web}}: |last= has generic name (help)
  6. ^ "Afrirent Fleet, My African fleet company of the year". Pulse Ghana. December 24, 2021.
  7. ^ "Senzo Tsabedze talks about growth of fleet management sector in Africa - The Southern African Times". www.thesouthernafricantimes.com. March 11, 2023.
  8. ^ "Technology key to Afrirent efficiency". March 3, 2023.
  9. ^ Correspondent, Own (September 18, 2021). "Afrirent Fleet Management Joins The Southern African Vehicle Rental And Leasing Association (SAVRALA)". {{cite web}}: |last= has generic name (help)
  10. ^ "Indalo Hotels buys aparthotel group". Travel News. May 17, 2021.
  11. ^ Khumalo, Kabelo (June 26, 2020). "Black-owned Afrirent makes a play for the hospitality industry". Sunday World.
  12. ^ Correspondent, Own (March 17, 2023). "Afrirent Fleet Management Joins The Southern African Vehicle Rental And Leasing Association (SAVRALA)". {{cite web}}: |last= has generic name (help)
  13. ^ "Afrirent Holdings' Senzo Tsabedze talks about fleet management during Covid – DailyNews". dailynews.co.zw.
  14. ^ "Local brand awarded management contract for Stellenbosch property". Southern & East African Tourism Update. May 31, 2021.
  15. ^ Sell, George (January 6, 2022). "Van Rensburg appointed GM at WINK Aparthotels".
  16. ^ "Meet the business mogul, Senzo Tsabedze". May 8, 2023.
  17. ^ "Indalo Hotels & Leisure Management to run Cape Town's Fountains Hotel". November 4, 2021.
  18. ^ "Indalo wins management bid for new Rosebank aparthotel". Southern & East African Tourism Update. March 3, 2022.
  19. ^ https://www.luxuryxclusives.com/indalo-breaks-into-burgeoning-joburg-aparthotel-harket/
  20. ^ "Political point scoring blamed for fleet management mess". BusinessLIVE.
  21. ^ Reddy, Micah; Brümmer, Stefaans; Brümmer, Micah Reddy and Stefaans (November 29, 2018). "Firm that won R1bn Jo'burg fleet contract paid Malema-EFF 'slush-fund'".
  22. ^ Reddy, Micah. "New Joburg mayor could dig up dirt on Mashaba's fleet deal". News24.
  23. ^ "Herman Mashaba distances himself from Afrirent R1bn tender". Daily Sun.
  24. ^ https://joburg.org.za/media_/Pages/Media/Media%20Statements/2019%20Media%20Statements/2019%20June/Forensic-Investigation-Dismisses-Political-Interference-Claims-in-Afrirent-Tender.aspx
  25. ^ "City of Joburg finds no political interference in Afrirent fleet tender - NEWS & ANALYSIS | Politicsweb". www.politicsweb.co.za.
  26. ^ Reporter, Citizen (June 5, 2020). "Afrirent says it was exonerated by independent investigations, Treasury was misled". The Citizen.
  27. ^ Reddy, Micah (March 5, 2020). "AMABHUNGANE: New Joburg mayor could dig up dirt on Mashaba Afrirent fleet deal". Daily Maverick.
  28. ^ "Joburg's persistent financial woes catch up with its vehicle fleet". TimesLIVE.
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