Afrirent acquires a majority stake in High Street Auction

Afrirent acquires a majority stake in High Street Auction

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.

Senzo Tsabedze explores opportunities in Malawi’s thriving Lotteries market

Senzo Tsabedze explores opportunities in Malawi’s thriving Lotteries market

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

Afrirent charts new territory in Cameroon’s lottery landscape

Afrirent charts new territory in Cameroon’s lottery landscape

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.