Afrirent Holdings scales up operations, creating hundreds of jobs amid economic headwinds
Johannesburg, South Africa – June 2026 – When Statistics South Africa published its first-quarter labour force survey last month, the numbers made grim reading. The economy shed 345,000 jobs between January and March, pushing the national unemployment rate to 32.7%. Among South Africans aged 15 to 34, nearly half—45.8%—remain locked out of the economy.
Against this backdrop, and coinciding with National Youth Month—a period typically defined by sobering reflections on youth unemployment—Afrirent Holdings is bucking the macroeconomic trend by actively expanding its workforce.
Stakeholder Statement
Afrirent Holdings (Pty) Ltd hereby issues this stakeholder statement in response to false public allegations circulating on social media platforms, including X (formerly Twitter) and TikTok, which purport to link Afrirent to improper conduct in relation to government tenders, including references to the City of Johannesburg, and which further suggest that Afrirent is the subject of proceedings or investigation by the Judicial Commission of Inquiry into Criminality, Political Interference and Corruption in the Criminal Justice System
Executive Appointment Announcement by Afrirent Holdings
frirent Holdings, one of South Africa’s leading and go-to fleet management, logistics and hospitality group, is excited to announce the appointment of Shadi Makhuvele as the company’s Group Chief Financial Officer, with effect from 1 February 2026.
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.
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.
E-DEED: A Blockchain-Powered Property Evaluation Certificate to Transform SA Townships and Villages
An online Solution Empowering Homeowners in Underserved Communities to Unlock Their Property’s True Value.
South Africans with properties in rural areas and townships will now be able to realise the value of their investments in improving their homes thanks to E-DEED, an innovative, digital solution that is designed to accurately assess and certify building values, giving homeowners a recognized and secure digital proof of ownership and investment.
Afrirent delivers new fleet to keep Jo’burg moving
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.
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.
Afrirent Holdings sets its sights on West African gaming, lottery and betting market expansion
In a bold move to expand its influence and footprint in Africa, Afrirent Holdings, a renowned investment company led by Senzo Tsabedze, is venturing into the vibrant gaming, lottery, and betting market of West Africa. With a history of success and a strong presence in South Africa, Afrirent Holdings is now setting its sights on the exciting opportunities offered by the dynamic entertainment sector in the West African region.
Afrirent Holdings celebrates recognition as a Top Gender Empowered Company by Standard Bank Top Women
Afrirent Holdings, a leading Black-owned provider of fleet management solutions is proud to announce its recognition as one of South Africa’s Top Gender Empowered Companies by Standard Bank Top Women Awards. This accolade highlights Afrirent’s continuous efforts towards gender empowerment and creating sustainable initiatives that celebrate and uplift women within the organisation.