Insights

Afrirent Holdings Appoints Thenjiwe Tsabedze as New CEO

Mar 1, 2024 | In The News

Afrirent Holdings Appoints Thenjiwe Tsabedze as New CEO

Johannesburg, 28 February 2024 – Afrirent Holdings, a leading provider in the transport, logistics, and tourism sectors, has appointed Ms Thenjiwe Tsabedze as its new Chief Executive Officer, effective March 1, 2024. Concurrently, Senzo Tsabedze, the incumbent CEO, will transition to the role of Chairperson of the Board of Directors.

With over a decade of experience as Chief Financial Officer and Managing Director, Thenjiwe Tsabedze brings a wealth of knowledge and expertise to her new role. Her extensive background in financial, operational, and risk management makes her the ideal candidate to lead Afrirent Holdings into its next phase of growth and innovation.

Commenting on her appointment, Thenjiwe Tsabedze said, “I recognise the importance of financial, operational, and risk management within Afrirent Holdings. As CEO, I see Afrirent as more than just a company. We are a force for progress, leveraging technology, expertise, and a relentless commitment to customer satisfaction to shape the future of transportation, logistics and leisure industries.”

Thenjiwe Tsabedze emphasised her continued dedication to steering Afrirent towards financial excellence and enduring success, underpinned by unwavering commitment to ethical standards and visionary leadership. “A vigilant eye on financial performance, maximising investment returns, and delivering transparent financial reporting form the cornerstone of my approach,” said Mrs Tsabedze.
She brings a robust educational background to her new role, having obtained a bachelor’s degree in technology in Internal Auditing from the Tshwane University of Technology, in addition to a National Diploma in Internal Auditing from the same institution in 2003. Furthermore, she recently obtained an MBA at Edinburgh Napier University.

Thenjiwe is ready to lead Afrirent Holdings into the future, and excited for the adventures ahead, both professionally and with her family.
Senzo Tsabedze, the outgoing CEO, expressed his confidence in Thenjiwe’s ability to lead Afrirent Holdings into the future. He stated, “I am thrilled to hand over the reins to Thenjiwe, whose dedication and expertise make her the perfect choice for CEO. As Chairman of the Board, I look forward to supporting her in this new role and working closely with the entire leadership team to ensure continued success for Afrirent Holdings.”

Afrirent Holdings looks forward to a seamless transition and is confident that under Thenjiwe Tsabedze’s leadership, the company will continue its growth path.

 

About Afrirent Holdings:

Afrirent Holdings is a multi-disciplinary South African company that offers a high degree of specialisation, and globally-relevant expertise in diverse domains.

Established 21 years ago in 2003, Afrirent Holdings is a 100% Black female owned business operating in the transport and logistics, environmental, and tourism sectors through its three divisions Afrirent Mobility, Afrirent Enviro, and Indalo Hotels and Leisure.

For media inquiries, please contact:

Zodwa Mokhoanatsi

Marketing Manager

012 880 0108

Latest Posts
Afrirent Acquires Busmark to Expand its Transport Portfolio

Afrirent Acquires Busmark to Expand its Transport Portfolio

Leading player in the South African logistics and fleet management sector, Afrirent Holdings, through its investment holding subsidiary, Afrirent Investment Proprietary Limited (“Afrirent”), is pleased to announce the  acquisition of Busmark 2000 Proprietary Limited (“Busmark”), subject to finalisation of remaining transaction suspensive conditions expected to be concluded in February 2026. . This follows an unconditional approval of the proposed transaction by the Competition Commission in January 2026.

Indalo Hotels & Leisure Acquires Protea Hotel by Marriott Mahikeng

Indalo Hotels & Leisure Acquires Protea Hotel by Marriott Mahikeng

Johannesburg, South Africa – 02 September 2025 – Indalo Hotels & Leisure, a subsidiary of Afrirent Holdings, is proud to announce the acquisition of the 99-room Protea Hotel by Marriott Mahikeng, effective 02 September 2025. This acquisition marks a major milestone in the company’s strategic growth and strengthens its footprint in South Africa’s hospitality market.

Executive Appointment Announcement by Afrirent Holdings

Afrirent Secures Prestigious Contract to Supply Vehicles for G20 Summit

Afrirent Holdings, a leading fleet management and logistics company, is proud to announce it has been awarded the contract to provide vehicles for the upcoming G20 Summit in November 2025. This landmark achievement cements Afrirent’s position as a trusted partner in delivering world-class mobility solutions for high-profile international events in Africa.
Under this contract, Afrirent will supply approximately 400 vehicles, comprising both luxury models and other transport solutions, to the Department of Transport as part of South Africa’s presidency of the G20.

Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.