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.
In Johannesburg today, 20 December – Afrirent Holdings, a black-owned fleet management, logistics, energy, hospitality, gaming and leisure company – has, through its subsidiary Afrirent Fleet Management, delivered the latest tranche of fleet of vehicles for the Johannesburg Metro Police Department (JMPD) as part of its five-year fleet management contract with the City of Johannesburg.
In Johannesburg today, 7 October 2024 – Afrirent Holdings, a 100% black-owned and managed mobility, energy, leisure & gaming group announced that it has acquired a 51% stake in High Street Auctions for an undisclosed amount as part of its diversification and expansion strategy.
Senzo Tsabendze, Executive Chairman of Afrirent Holdings said, “We are very excited about our investment into High Street Auctions. They are a quality business with a demonstrable track record of success, and we believe they will add immense value to our business and long-term value creation.
In a strategic move, Afrirent Holdings, a multi-disciplinary South African powerhouse, is set to explore new horizons in the thriving lotteries market of Malawi.
Established in 2003 and celebrating its unique position as one of the few black-grown and owned businesses, Afrirent Holdings has, over the 20 years, demonstrated unparalleled specialisation and globally relevant expertise in the transport and logistics and tourism sectors through Afrirent Mobility and Indalo Hotels and Leisure divisions
As Cameroon’s lottery industry experiences significant growth and evolution, strategic entry points become crucial for businesses seeking to capitalise on this burgeoning market. Afrirent Holdings emerges as a strategic player poised to explore the landscape of the lottery industry in Cameroon.
The lottery market in Cameroon is undergoing a remarkable surge in growth, driven by evolving customer preferences, technological advancements, and a favourable economic landscape.
Business mogul, Senzo Tsabedze, and his family foundation have been involved in a number of social investment initiatives for years.