Sakhumnotho Group Holdings (Proprietary) Limited (‘Sakhumnotho Group Holdings’, ‘the company’ or ‘the group’ or ‘SGH’) 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. The company initially focused on corporate advisory services and consulting, focusing mainly on structuring black empowerment transactions, 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, properties, oil and gas, education, surveillance, security systems, ICT and other strategic investments.
Sakhumnotho has thus far exclusively been funded by its active shareholders, taking a conservative approach towards debt funding and a very lean head office structure was created and is maintained.
Sakhumnotho has signed Memorandums of Understanding with various Black Economic Empowered Companies to further enhance the broad based empowerment profile of the group in certain large investment transactions.
A similar arrangement has been put in place between Sakhumnotho and businesses in the Democratic Republic of Congo, Nigeria, Ghana, Francophone West Africa, Kenya, Tanzania, Rwandaand SADC region countries to increase the Group’s footprint on the African continent.
It is the Boards intention to further create strategic alliances throughout the continent as we believe that this is the African century.