Insights

BUSINESS DAY RETRACTS AND APOLOGISES FOR INCLUDING AFRIRENT IN POLITICAL PARTY FUNDING ARTICLE

Apr 24, 2019 | Business, In The News

BUSINESS DAY RETRACTS AND APOLOGISES FOR INCLUDING AFRIRENT IN POLITICAL PARTY FUNDING ARTICLE

Genevieve Quintal
As published in Business Day: 2019-04-24

Correction: April 23, 2019. In a previous version of this article, we quoted from a report by My Vote Counts (MVC), which implicated Afrirent as a donor to the EFF. What we failed to explain was that MVC based its allegation on an investigative report by amaBunghane, in which Afrirent is said to have paid monies to Mahuna, an EFF “front company”. Afrirent has since denied funding any political party in SA. We apologise for not giving the proper context to the allegation and, as the alleged payment is the subject of a dispute, we have removed it from the article.

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.